Ray Dalio is the founder of Bridgewater Associates, a $11 billion hedge fund that is one of the largest and most successful in the world. Dalio worked at Dominick & Dominick LLC and the New York Stock Exchange before launching Bridgewater. In 1975, he founded Bridgewater from his two-bedroom apartment. Foreign governments, endowments, pension funds, foundations, and central banks are among Bridgewater Associates’ institutional clients. In 2011, the hedge fund generated returns of roughly 23%, while the average return for hedge funds was around 4%. The hedge fund has made more than $46.5 billion since its start.
Insider Monkey compiled a list of the 10 best dividend stocks to buy according to billionaire Ray Dalio. According to Ray Dalio’s Q1 portfolio, Simon Property Group, Inc. is one of the finest stocks to purchase. In the last year, the company’s stock has returned more than 51% to investors. It was launched in 1993 and is currently ranked number ten on the list of the top ten dividend stocks. According to billionaire Ray Dalio, SL Green Realty Corp. is the seventh greatest dividend stock to purchase. Over the last few months, the company’s stock has returned more than 42 percent to investors. With 1.76 million shares valued at $48 million, Citadel Investment Group is the largest stakeholder. Healthcare Trust of America, Inc. is the largest owner and operator of MOBs in the United States. It ranks eighth on the list of the top 10 dividend stocks to purchase based on billionaire Ray Dalio’s first-quarter portfolio. TFS Financial is a company that provides retail consumer banking services in the United States. The company was founded in 1938 and is ranked seventh on billionaire Ray Dalio’s list of the top ten dividend stocks to buy. Bridgewater Associates owns 106,969 shares worth $2.18 million in the company. Ray Dalio’s list of the 10 best dividend stocks to purchase includes New York Community Bancorp, Inc. Year to date, the company’s stock has returned more than 14% to investors. In 1859, the New York Community Bank was established. For more details, click 10 Best Dividend Stocks to Buy According to Billionaire Ray Dalio.
