5 Best Value Dividend Stocks Billionaires Are Crazy About

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1. Chevron Corporation (NYSE:CVX)

Number of Billionaire Investors: 19
P/E Ratio as of December 8: 10.57

Chevron Corporation (NYSE:CVX) tops our list of the best dividend stocks. The American energy company has raised its dividends for 36 years in a row and offers a quarterly dividend of $1.51 per share. As of December 8, the stock has a dividend yield of 4.19%.

At the end of the September quarter of 2023, 72 hedge funds held stakes in Chevron Corporation (NYSE:CVX), compared with 73 in the previous quarter. The overall value of these stakes is over $21.4 billion. Billionaire Warren Buffett remained the company’s most prominent stakeholder in Q3.

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You can also take a look at 10 Cheap Dividend Stocks with High Yields and 11 Cash-Rich Stocks to Buy According to Hedge Funds

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