5 Best Blue Chip Dividend Stocks To Buy

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1. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 73
Dividend Yield as of May 23: 3.38%

Texas-based energy company, Exxon Mobil Corporation (NYSE:XOM) tops our list of the best blue chip dividend stocks. The company pays a quarterly dividend of $0.91 per share and has raised its payouts every year for the last 40 years. The stock has a dividend yield of 3.38%, as of May 23.

As of the close of Q1 2023, 73 hedge funds tracked by Insider Monkey held investments in Exxon Mobil Corporation (NYSE:XOM), worth over $4.3 billion collectively.

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