5 Best Recession Dividend Stocks To Buy

2. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 85

Exxon Mobil Corporation (NYSE:XOM) is an American energy industry company. Its quarterly dividend currently comes in at $0.95 per share for an impressive dividend yield of 3.28%, as of May 6. XOM is one of the best dividend stocks on our list as the company maintains a 41-year streak of consistent dividend growth.

Of the 933 hedge funds tracked by Insider Monkey at the end of Q4 2023, 85 funds held stakes in Exxon Mobil Corporation (NYSE:XOM), jumping from 79 in the previous quarter. These stakes are collectively valued at over $4.47 billion.

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