5 High Dividend Stocks Picked By Billionaire Ray Dalio

In this article, we will take a look at the 5 High Dividend Stocks Picked By Billionaire Ray Dalio. For deeper discussion and analysis, have a look at the 12 High Dividend Stocks Picked By Billionaire Ray Dalio. 

Ray Dalio of Bridgewater Associates

5. Bank of America Corporation (NYSE:BAC)

Bridgewater Associates’ Stake Value as of Q4 2025: $55,571,615

Dividend Yield as of April 17: 2.07%

On April 16, R. Scott Siefers of Piper Sandler raised the firm’s price recommendation on Bank of America Corporation (NYSE:BAC) to $59 from $53. It reiterated a Neutral rating on the shares. The firm also lifted its EPS estimates after the company’s Q1 2026 results and updated guidance.

On the same day, Truist Financial raised its price goal on BAC to $61 from $57. The firm kept a Buy rating, following better-than-expected Q1 performance. In a research note, the analyst said the firm now builds in 8% net interest income growth for the year. That sits at the high end of the company’s updated guidance. The estimates also reflect stronger expected growth in trading, investment banking, and wealth management fees.

During the Q1 2026 earnings call, Executive VP and CFO Borthwick said the company had exceeded expectations for net interest income in the first quarter. He noted a shift in the interest rate outlook. Earlier expectations pointed to two rate cuts. That has now changed to a scenario with no cuts. Based on that shift, he said the company is raising its full-year 2026 NII growth guidance to a range of 6% to 8% compared to 2025. He added that the company still expects more than 200 basis points of positive operating leverage for the year, consistent with prior guidance. Borthwick also said the effective tax rate is expected to come in slightly above 20%.

Bank of America Corporation (NYSE:BAC) operates as a bank holding company. Its business spans Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets. The Consumer Banking segment provides credit, banking, and investment services to consumers and small businesses.