Top 5 Dividend Stocks To Buy According to Billionaires

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1. Chevron Corporation (NYSE:CVX)

Number of Billionaire Investors: 19
Dividend Yield as of December 10: 4.19%

An American multinational energy company, Chevron Corporation (NYSE:CVX) tops our list of the best dividend stocks. The company pays a quarterly dividend of $1.51 per share and has a dividend yield of 4.19%, as of December 10. With a dividend growth streak of 36 years, XOM remained one of the top choices of billionaires in Q3, including Warren Buffett and Ken Fisher.

At the end of the September quarter of 2023, 72 hedge funds held stakes in Chevron Corporation (NYSE:CVX), compared with 73 in the previous quarter. The overall value of these stakes is over $21.4 billion.

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You can also have a look at Billionaire Druckenmiller’s 10 Stocks Picks with Huge Upside Potential and 11 Cash-Rich Stocks to Buy According to Hedge Funds

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