Billionaire Ray Dalio’s Top 5 Dividend Stock Picks

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In this article, we will take a look at billionaire Ray Dalio’s top 12 stock picks. You can skip our detailed analysis of Ray Dalio’s hedge fund and recent developments, and go directly to read Billionaire Ray Dalio’s Top 5 Dividend Stock Picks

5. McDonald’s Corporation (NYSE:MCD)

Bridgewater Associates’ Stake Value: $430,145,593
Dividend Yield as of May 17: 2.07%

An American multinational fast food chain, McDonald’s Corporation (NYSE:MCD) is among the top dividend stock picks of billionaire Ray Dalio. The company offers a quarterly dividend of $1.52 per share for a dividend yield of 2.07%, as recorded on May 17. It has raised its dividends for 46 years in a row.

At the end of Q1 2023, Bridgewater Associates owned over 1.5 million shares in McDonald’s Corporation (NYSE:MCD), worth $430 million. The company represented 2.62% of the firm’s 13F portfolio. During the quarter, the hedge fund reduced its position in the company by 3%.

As of the end of Q4 2022, 57 hedge funds tracked by Insider Monkey reported having stakes in McDonald’s Corporation (NYSE:MCD), up from 53 in the previous quarter. These stakes have a collective value of $2.7 billion.

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