5 Dividend Stocks with the Biggest Buyback Programs

3. Exxon Mobil Corporation (NYSE:XOM)

Stock Buybacks in 12 Months Through September 2023: $17.7 Billion

Exxon Mobil Corporation (NYSE:XOM) is one of the world’s largest publicly traded multinational energy companies, involved in various aspects of the oil and gas industry. The company pays a quarterly dividend of $0.95 per share, having raised it by 4.4% in October 2023. This marked the company’s 41st consecutive year of dividend growth. The stock has a dividend yield of 3.84%, as of January 24. It is among the best dividend stocks on our list with the biggest buyback programs.

Exxon Mobil Corporation (NYSE:XOM) saw a huge uptick in hedge fund investors at the end of Q3 2023, as 79 funds in Insider Monkey’s database owned stakes in the company, up from 71 in the previous quarter. These stakes have a collective value of over $4.48 billion.

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