5 Best Dividend Stocks For Rising Interest Rates

2. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 79
Dividend Yield as of April 4: 3.13%

Exxon Mobil Corporation (NYSE:XOM) is a Texas-based oil and natural gas company. The company pays a quarterly dividend of $0.91 per share and has a dividend yield of 3.13%, as of April 4. It is one of the best dividend stocks on our list as it maintains a 40-year streak of consistent dividend growth.

At the end of Q4 2022, the number of hedge funds owning stakes in Exxon Mobil Corporation (NYSE:XOM) grew to 79, from 75 a quarter earlier, according to Insider Monkey’s Q4 data. These stakes have a collective value of over $7.1 billion.

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