15 Best Dividend Aristocrat Stocks with Over 3% Yield

10. Exxon Mobil Corporation (NYSE:XOM)

Dividend Yield as of March 29: 3.35%

Exxon Mobil Corporation (NYSE:XOM) is an American multinational oil and gas company, headquartered in Texas. In the fourth quarter of 2024, the company posted a revenue of $83.4 billion, which fell slightly by 1.1% from the same period last year. Overall, its long-term performance remained stable. Since 2019, the company has achieved $12.1 billion in structural cost reductions to reduce the impact of inflation and expansion-related expenses while also outperforming its peers. For 2024, it reported the highest return on capital employed in its sector at 12.7%, with the five-year average coming in at 10.8%.

Exxon Mobil Corporation (NYSE:XOM)’s strong cash position makes it a solid dividend investment. In FY24, the company generated $55 billion in operating cash flow, which was its third-best year in a decade. For Q4 2024, its operating cash flow was $12.2 billion, and its free cash flow amounted to $8 billion. During the year, the company returned $36 billion to shareholders through dividends, including $16.7 billion in dividends.

Exxon Mobil Corporation (NYSE:XOM) currently offers a quarterly dividend of $0.99 per share and has a dividend yield of 3.35%, as of March 29. The company holds a long history of dividend payments, offering regular payouts for 143 years. Moreover, it maintains a 42-year streak of consistent dividend growth, which makes it one of the best dividend aristocrat stocks.

As of the close of Q4 2024, 104 hedge funds tracked by Insider Monkey held stakes in Exxon Mobil Corporation (NYSE:XOM), up from 86 in the previous quarter. The total value of these stakes is over $5.46 billion. Ken Fisher’s Fisher Asset Management owned the largest stake in the company at the end of Q4.