5 High Dividend Stocks Picked By Billionaire Ray Dalio

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1. Cisco Systems, Inc. (NASDAQ:CSCO)

Bridgewater Associates’ Stake Value: $90,180,518
Dividend Yield as of November 22: 3.23%

Cisco Systems, Inc. (NASDAQ:CSCO) tops our list of the best dividend stocks. The multinational tech conglomerate has been growing its dividends for 16 consecutive years. The company offers a quarterly dividend of $0.39 per share and has a dividend yield of 3.23%, as of November 22.

With a total stake value of over $1.64 billion, 64 hedge funds in Insider Monkey’s database owned positions in Cisco Systems, Inc. (NASDAQ:CSCO). In the previous quarter, 55 hedge funds held investments in the company, worth over $1.4 billion in total.

Follow Cisco Systems Inc. (NASDAQ:CSCO)

You can also take a look at 10 Stocks Hedge Funds Are Talking About and Billionaire Steven Cohen’s Top High Dividend Stock Picks

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