5 Best Halal Dividend Stocks To Buy

3. Chevron Corporation (NYSE:CVX)

Number of Hedge Fund Holders: 72

An American energy company, Chevron Corporation (NYSE:CVX) is next on our list of the best halal stocks. The company has rewarded shareholders with 36 consecutive years of dividend growth and it currently pays a quarterly dividend of $1.51 per share. The stock’s dividend yield on November 25 came in at 4.17%.

As of the close of Q3 2023, 72 hedge funds tracked by Insider Monkey owned investments in Chevron Corporation (NYSE:CVX), compared with 73 in the preceding quarter. The collective value of these stakes is over $21.4 billion.

Follow Chevron Corp (NYSE:CVX)