15 Best Quality Dividend Stocks to Buy According to Reddit

3. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 85

Exxon Mobil Corporation (NYSE:XOM) is a multinational oil and gas company, based in Texas, US. The company is popular among the Reddit community because of its investments in clean energy products. On April 26, the company declared a quarterly dividend of $0.95 per share, which was in line with its previous dividend. Overall, it has been growing its dividends for the past 41 years, which places it on the list of the best quality dividend stocks according to Reddit. In the first quarter of 2024, the company returned $4 billion to shareholders through dividends. The stock has a dividend yield of 3.18%, as of May 18.

Of the 933 hedge funds tracked by Insider Monkey at the end of Q4 2023, 85 funds owned stakes in Exxon Mobil Corporation (NYSE:XOM), up from 79 in the previous quarter. These stakes are collectively valued at over $4.4 billion.