5 Cheapest Dividend Aristocrats Right Now

In this article, we discuss 5 cheapest dividend aristocrat stocks to buy right now. If you want to read our detailed analysis of dividend aristocrats and the performance of dividend growers over the years, go directly to read 13 Cheapest Dividend Aristocrats Right Now.

5. Chevron Corporation (NYSE:CVX)

P/E Ratio as of January 29: 11.07

Chevron Corporation (NYSE:CVX) is a multinational energy corporation engaged in various aspects of the energy sector. The company offers a quarterly dividend of $1.51 per share and has a dividend yield of 4.10%, as of January 29. It returned nearly $3 billion to shareholders through dividends in the third quarter of 2023, which shows that the company’s cash generation is strong. Moreover, it has been increasing its dividends for the past 36 consecutive years, which places CVX on our list of the best dividend aristocrat stocks.

Of the 910 hedge funds tracked by Insider Monkey at the end of Q3 2023, 72 hedge funds owned stakes in Chevron Corporation (NYSE:CVX) , down slightly from 73 in the previous quarter. These stakes are collectively valued at over $21.4 billion.