5 Best Dividend Aristocrats with Over 3% Yield

2. Chevron Corporation (NYSE:CVX)

Number of Hedge Fund Holders: 73
Dividend Yield as of October 21: 3.62%

An American energy company, Chevron Corporation (NYSE:CVX) is next on our list of the best dividend aristocrat stocks. In its most recent quarter, the company returned $2.8 billion to shareholders through dividends and holds a 36-year streak of consistent dividend growth. The company offers a quarterly dividend of $0.40 per share and has a dividend yield of 3.62%, as of October 21.

As of the end of the June quarter of 2023, 73 hedge funds in Insider Monkey’s database owned investments in Chevron Corporation (NYSE:CVX), up from 64 a quarter earlier. The collective value of these stakes is more than $21.4 billion.

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