5 Best Dividend Stocks According to Billionaire Ray Dalio

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1. TFS Financial Corporation (NASDAQ: TFSL)

Value: $315,000
Percent of Ray Dalio’s 13F Portfolio: 0.001%
No. of Hedge Fund Holders: 10

TFS Financial Corporation (NASDAQ: TFSL) is the holding company that runs Cleveland’s Third Federal Savings and Loan Association. It offers various financial services, including taking deposits, mortgage lending, retail consumer banking, and others. TFS’s interest rate for clients is indexed to the long-term yields of the Federal Reserve.

The company’s latest financials revealed that its Q1 2021 revenue was $80.2 million, representing a 5.4% YoY gain. The revenue figure outperformed the consensus target by $24.05M. Its GAAP EPS for the same quarter was $0.09, outshining the consensus estimate by $0.02. TFS Financial Corporation (NASDAQ: TFSL) net income in Q4 2020 was $25.0 million, a slight underperformance compared to the $25.6 million net income reported in Q4 2019.

You can also take a peek at Billionaire Daniel Sundheim’s Top 10 Picks and Billionaire Andreas Halvorsen’s Top Stock Picks.

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