5 Best Dividend Stocks For Rising Interest Rates

3. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 85

Exxon Mobil Corporation (NYSE:XOM) is next on our list of the best dividend stocks for rising interest rates. The energy company has been growing its dividends for the past 41 years and offers a quarterly dividend of $0.95 per share. As of March 5, the stock has a dividend yield of 3.59%.

The number of hedge funds owning stakes in Exxon Mobil Corporation (NYSE:XOM) jumped to 85 in Q4 2023, from 79 in the previous quarter, as per Insider Monkey’s database. The overall value of these stakes is roughly $4.5 billion.

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