5 Best Dividend Stocks with Upside Potential

2. Chevron Corporation (NYSE:CVX)

Upside Potential as of November 17: 28.4%

Chevron Corporation (NYSE:CVX) is one of the world’s largest integrated energy companies engaged in various aspects of the oil and gas industry, including exploration, production, refining, and marketing of petroleum products. The company offers a quarterly dividend of $1.51 per share and has a dividend yield of 4.17%, as of November 17. It holds an impressive 36-year streak of consistent dividend growth.

As of the end of Q2 2023, 73 hedge funds owned stakes in Chevron Corporation (NYSE:CVX), growing from 64 in the previous quarter, as per Insider Monkey’s database. The overall value of these stakes is more than $21.4 billion.

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