Top 10 Dividend Stocks

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1. Exxon Mobil Corporation (NYSE:XOM)

Dividend Yield as of July 25: 4.04%

Exxon Mobil Corporation (NYSE:XOM) has a very strong dividend history, raising its dividends consecutively for the past 38 years. It currently pays a quarterly dividend of $0.38 per share, with a yield of 4.04%, as of the close of July 25.

In Q1 2022, Exxon Mobil Corporation (NYSE:XOM) generated $14.8 billion in cash flow from operating activities, which is enough for covering capital investments and shareholder distributions. The company also grew its free cash flow to $11 billion during the quarter, from $7 billion in the same period last year. Exxon Mobil Corporation (NYSE:XOM) has a payout ratio of 58.04%.

The number of hedge funds tracked by Insider Monkey owning stakes in Exxon Mobil Corporation (NYSE:XOM) grew to 83 in Q1 2022, from 71 a quarter earlier. These hedge funds hold a collective stake worth over $8.5 billion.

Saturna Capital mentioned Exxon Mobil Corporation (NYSE:XOM) in its Q4 2021 investor letter. Here is what the firm has to say:

“Few companies maintain their position at the top for more than a decade or two. One that did was Exxon, which appeared decennially from 1980 through 2010. In 2019 it was ranked 10th, but as of writing has dropped to 39th place.”

You can also take a look at 10 Best Solar Energy Stocks to Buy for 2022 and 10 Best Semiconductor Stocks to Buy for 2022

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