5 Best Dividend Stocks Paying Over 6%

4. Devon Energy Corporation (NYSE:DVN)

Number of Hedge Fund Holders: 52
Dividend Yield as of November 23: 9.34%

Devon Energy Corporation (NYSE:DVN) is an independent energy company primarily engaged in the exploration, development, and production of oil, natural gas, and natural gas liquids in the US. The company pays a quarterly dividend of $0.77 per share and has a dividend yield of 9.34%, as recorded on November 23.

Devon Energy Corporation (NYSE:DVN) was a popular stock among hedge funds at the end of Q3 2023, as 52 funds owned stakes in the company, up from 45 in the previous quarter, according to Insider Monkey’s database. The consolidated value of these stakes is more than $863.6 million.

Follow Devon Energy Corp (NYSE:DVN)