5 Best Cheap Dividend Stocks To Buy Right Now

4. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 85
P/E Ratio as of April 5: 13.65

Exxon Mobil Corporation (NYSE:XOM) is an American leading energy company that produces and delivers critical energy and products to its consumers. Currently, the company offers a quarterly dividend of $0.95 per share and has a dividend yield of 3.13%, as of April 5. The company’s dividend growth spans over 41 years, which makes XOM one of the best dividend stocks that are traded cheaply right now.

The number of hedge funds tracked by Insider Monkey having stakes in Exxon Mobil Corporation (NYSE:XOM) jumped to 85 in Q4 2023, from 79 in the previous quarter. These stakes are worth nearly $4.5 billion in total. With over 13 million shares, First Eagle Investment Management was the company’s leading stakeholder in Q4.

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