5 High Dividend Stocks Picked By Billionaire Ray Dalio

2. Target Corporation (NYSE:TGT)

Bridgewater Associates’ Stake Value: $89,896,064
Dividend Yield as of November 22: 3.37%

Target Corporation (NYSE:TGT) is a prominent retail company operating in the US, focusing on providing a wide range of products and services. The company has been rewarding shareholders with growing dividends for the past 52 years. It currently pays a quarterly dividend of $1.10 per share and has a dividend yield of 3.37%, as of November 22.

Target Corporation (NYSE:TGT) was a popular buy among elite funds during the third quarter of 2023, as the company ended the quarter with 58 hedge fund positions, up from 45 in the previous quarter, according to our database. The collective value of stakes owned by these hedge funds is more than $1.3 billion.

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