5 Best Dogs of the Dow Stocks Ranked By Hedge Fund Sentiment

3. Chevron Corporation (NYSE:CVX)

Number of Hedge Fund Holders: 73

An American energy company, Chevron Corporation (NYSE:CVX) is next on our list of the best dogs of the Dow stocks. The company’s quarterly dividend currently stands at $1.51 per share and has a dividend yield of 3.86%, as of October 25. It has been rewarding shareholders with growing dividends for the past 36 consecutive years.

Of the 910 hedge funds in Q2 2023, 73 funds owned stakes in Chevron Corporation (NYSE:CVX), up significantly from 64 in the previous quarter, according to Insider Monkey’s database. Their collective stake value is over $21.4 billion.

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