5 Best Dividend Stocks to Buy According to Billionaire Ray Dalio

1. Two Harbors Investment Corp. (NYSE: TWO)

Dalio’s Stake Value: $89,000
Percentage of Ray Dalio’s 13F Portfolio: 0.001%
Dividend Yield: 9.29%
Number of Hedge Fund Holders: 32

Two Harbors Investment Corp. (NYSE: TWO) is a real estate investment trust that invests, manages residential mortgage-backed securities, finance non-agency securities and mortgage servicing rights. It was founded in 2009 and is placed first on our list of 10 best dividend stocks to buy according to billionaire Ray Dalio. TWO stock has returned more than 34% to investors over the course of the past twelve months. 

Two harbors declared a quarterly dividend of $0.17 per share in line with the previous as of March 18. Since the past 2 years, the company has beaten EPS estimates 38% of the time and has surpassed revenue estimates 25% of the time. For Q1 2021, Two Harbors posted an EPS of $0.74 compared to a negative EPS of $6.91 in Q1 2020.

Bridgewater Associates holds 12,140 shares in the company worth $89,000. Bridgewater has initiated stakes in the firm in the past few months. Out of the hedge funds being tracked by Insider Monkey, Two Sigma Advisors is a leading shareholder in Two Harbors Investment Corp. (NYSE: TWO) with 3.9 million shares worth more than $29 million.

You can also take a peek at 14 Best European Dividend Stocks To Buy and 10 Best Long-Term Dividend Stocks to Buy and Hold.

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