5 Best Performing Dividend Stocks in 2022

2. Exxon Mobil Corporation (NYSE:XOM)

Dividend Yield as of December 21: 3.37%

Exxon Mobil Corporation (NYSE:XOM) specializes in the distribution of natural gas. Citigroup presented a positive outlook on energy stocks considering the current market situation. In view of this, the firm raised its price target on the stock to $110 in November with a Neutral rating on the shares.

Exxon Mobil Corporation (NYSE:XOM) has a 40-year run of raising its dividends, which places it as one of the best dividend stocks on our list. It currently offers a per-share dividend of $0.91 every quarter, with a dividend yield of 3.37%, as of December 21.

As of the close of Q3 2022, 75 hedge funds tracked by Insider Monkey owned stakes in Exxon Mobil Corporation (NYSE:XOM), up from 72 in the previous quarter. The collective value of these stakes is $5.5 billion. Rajiv Jain’s GQG Partners was the company’s leading stakeholder in Q3.