5 Dividend Zombies and Kings With Longest Dividend Payouts

3. Exxon Mobil Corporation (NYSE:XOM)

Consecutive Years of Dividend Payments: 141
Consecutive Years of Dividend Growth: 40

Exxon Mobil Corporation (NYSE:XOM) is a Texas-based multinational natural gas company. In March, Wells Fargo raised its price target on the stock to $133 with an Overweight rating on the shares, appreciating the company’s modest volume growth and shareholder return.

Exxon Mobil Corporation (NYSE:XOM) pays a quarterly dividend of $0.91 per share for a dividend yield of 3.20%, as recorded on March 7. The company has a run of making regular dividend payments for 141 years and has raised its payouts for 40 years in a row. It is among the stocks with the longest dividend payout streaks.

The number of hedge funds owning stakes in Exxon Mobil Corporation (NYSE:XOM) grew to 79 in Q4 2022, from 75 a quarter earlier, according to Insider Monkey’s Q4 data. These stakes have a consolidated value of over $7.1 billion. Among these hedge funds, GQG Partners was the company’s leading stakeholder in Q4.