5 Most Profitable Dividend Stocks To Invest In

2. Exxon Mobil Corporation (NYSE:XOM)

Latest TTM Net Income: $32.8 billion

Exxon Mobil Corporation (NYSE:XOM) is a Texas-based natural gas and energy company that specializes in the distribution of petroleum-based products. On April 26, the company announced a quarterly dividend of $0.95 per share, which fell in line with its previous dividend. It has a solid history of paying regular dividends to shareholders as the company has never missed a dividend since 1882. Moreover, it maintains a 41-year track record of consistent dividend growth. As of April 27, the stock has a dividend yield of 3.22%.

The number of hedge funds tracked by Insider Monkey owning stakes in Exxon Mobil Corporation (NYSE:XOM) grew to 85 in Q4 2023, from 79 a quarter earlier. The consolidated value of these stakes is over $4.47 billion.

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