These Were Last Week’s 10 Best Dividend Stocks

3. APA Corporation (NASDAQ:APA)

Dividend yield: 4.24%

Dividend payout ratio: 14.20%

Ex-Dividend Date: April 22, 2025

Number of Hedge Funds: 30

During the week spanning February 10 to February 14, 2025, the independent energy company APA Corporation (NASDAQ:APA) gained 5.28% in value.

The fourth quarter production of barrels of oil equivalent (BOE) per day was expected to increase after consecutive raises in the previous quarters. In the third quarter of 2024, APA produced 467,000 BOE per day. This was about 2% higher than its guidance. With this, the anticipated increase in the fourth quarter is expected to be the highest of the year. Additionally, the company announced its plans to invest $2.5 billion to $2.6 billion in capital in 2025. Income-focused investors find the news exciting, which is reflected in last week’s company’s value.

The dividend yield offered by APA Corporation (NASDAQ:APA) is around 4.24%. The company covers this yield with a dividend payout ratio of 14.20%. With most of its earnings retained by the company, the potential of APA Corporation in debt repayment and reinvestments is high. Thirty hedge fund portfolios, monitored by Insider Monkey, held stakes in the company at the end of Q3 2024, demonstrating considerable institutional faith in the stocks of APA Corporation. Dividend-focused investors can consider investing before the ex-dividend date of April 22, 2025, if they want to benefit from the dividend payment on May 22, 2025.