5 Best Annual Dividend Stocks To Buy Now

4. Woodside Energy Group ADR (NYSE:WDS)

Number of Hedge Fund Shareholders: 12

Annual Dividend Payout: $2.14

Woodside Energy Group ADR (NYSE:WDS) is one of the more compelling dividend stocks on this list, with a robust 9.16% dividend yield and an impressive dividend CAGR of 16.9% over the past five years. That growth was entirely thanks to a massive raise to its semi-annual dividend payments this year, which totaled $2.14 compared to just $0.42 a year ago.

The Australian petroleum E&P company surged most major metrics by triple digits year-over-year in the June quarter, growing revenue by 132% to $2.9 billion, net income by 417% to $820 million, and diluted EPS by 324% to $0.72.

There was a hedge fund buying spree of Woodside Energy Group ADR (NYSE:WDS) shares during Q2 following the company’s merger with the oil and gas assets of BHP Group (NYSE:BHP). Billionaire money managers Ken Fisher, Ken Griffin, and Steve Cohen were among the group of investors that added WDS to their 13F portfolios during the quarter.