10 Undervalued Dividend Aristocrats To Buy According to Analysts

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8. Chevron Corporation (NYSE:CVX)

Average Analyst Rating Score: 2.1
P/E Ratio as of March 16: 13.62

Chevron Corporation (NYSE:CVX) is next on our list of the best dividend aristocrat stocks as it is trading at a P/E multiple of 13.62. The American energy company has recently achieved its 37th consecutive annual dividend hike and it offers a quarterly dividend of $1.63 per share. As of March 16, the stock has a dividend yield of 4.19%.

As of the end of Q4 2023, 71 hedge funds in Insider Monkey’s database reported having stakes in Chevron Corporation (NYSE:CVX), compared with 72 in the preceding quarter. These stakes have a total value of over $21.6 billion. Warren Buffett’s Berkshire Hathaway owned the largest stake in the company, worth nearly $19 billion.

Follow Chevron Corp (NYSE:CVX)

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