Top 5 Dividend Champions of 2021 (Part III)

2. Exxon Mobil (NYSE: XOM)

Dividend Yield: 6.98%

Oil giant Exxon Mobil is one of the top 30 dividend champions of 2021. XOM shares have gained about 40% over the last 3 months. S&P Global recently lowered its credit ratings for XOM. The firm cited problems posed by climate change for the cut. The rating agency had already warned of declining revenues in the oil industry amid heavy levels of debt, worsened by a global transition away from fossil fuels.

At the end of the third quarter, 52 hedge funds tracked by Insider Monkey were long XOM.