5 Cheap Dividend Aristocrats to Buy Now

2. Exxon Mobil Corporation (NYSE: XOM)

Number of Hedge Fund Holders: 68
Dividend Yield: 6.3%
Number of Years of Consistent Dividend Increases: 38

Share Price as of August 26: 

Exxon Mobil Corporation (NYSE: XOM), an energy company, manufactures and transports crude oil and natural gas, petroleum products, petrochemicals, and other specialty products. The company ranks 2nd on our list of cheap dividend aristocrats to buy now.

DZ Bank has a Hold rating and a $62.5o price target on shares of Exxon Mobil Corporation (NYSE: XOM), set by analyst Werner Eisenmann this August.

In the second quarter of 2021, Exxon Mobil Corporation (NYSE: XOM) had an EPS of $1.10, beating estimates by $0.11. The company’s revenue was $67.74 billion, up 107.77% year over year and beating estimates by $3.02 billion. Exxon Mobil Corporation (NYSE: XOM) has gained 2% in the past 6 months and 33.64% year to date.

By the end of the second quarter of 2021, 68 hedge funds out of the 873 tracked by Insider Monkey held stakes in Exxon Mobil Corporation (NYSE: XOM) worth roughly $3.7 billion. This is compared to 65 hedge funds in the previous quarter with a total stake value of approximately $2.8 billion.