5 Best Quality Dividend Stocks to Buy

4. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 73

Exxon Mobil Corporation (NYSE:XOM) is one of the largest multinational oil and gas companies in the world. The company is involved in various aspects of the energy industry, including exploration, production, refining, and marketing of petroleum products. In the first quarter, the company’s cash position remained strong with $16.3 billion in operating cash flow and $11.4 billion in free cash flow. It also returned $8.1 billion to shareholders through a combination of dividends and share repurchases.

Exxon Mobil Corporation (NYSE:XOM) has a solid 40-year history of consistent dividend growth. It currently offers a quarterly dividend of $0.91 per share and has a dividend yield of 3.42%, as of July 12.

According to Insider Monkey’s database of Q1 2023, 73 hedge funds owned stakes in Exxon Mobil Corporation (NYSE:XOM), worth collectively over $4.3 billion.

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