5 High Yield Dividend Champions

4. Exxon Mobil Corporation (NYSE: XOM)

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

Exxon Mobil Corporation (NYSE: XOM), an energy company, manufactures and transports crude oil, natural gas, petroleum products, petrochemicals, and other specialty products. The company ranks 4th on our list of high yield dividend champions.

Piper Sandler raised its price target on shares of Exxon Mobil Corporation (NYSE: XOM) this July from $63 to $69, while reiterating a Neutral rating on the shares.

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.

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.