In This Article:
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Hess Midstream, Southern, and VICI Properties have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of up to 7%.
Hess Midstream
Hess Midstream LP (NYSE:HESM) owns, operates, develops, and acquires midstream assets and provides fee-based services to Hess and third-party customers in the U.S.
Don't Miss:
-
Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Last Chance to get 4,000 of its pre-IPO shares for just $0.30/share!
-
Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold.
The company has raised dividends consecutively for the last eight years. In its most recent dividend hike announcement on April 28, the company's board increased the quarterly payout from $0.7012 to $0.7098, which is equal to $2.84 annually. Currently, the dividend yield on the stock stands at 7.45%.
Hess Midstream’s annual revenue as of Dec. 31 stood at $1.49 billion. In its Q1 2025 earnings release on April 30, the company posted revenues of $382 million, beating the consensus estimate of $381.62 million, while EPS of $0.65 missed the consensus of $0.69.
Trending: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest at $0.60/share before it's too late.
The Southern Company
The Southern Company (NYSE:SO) engages in the generation, transmission, and distribution of electricity.
Southern has raised its dividends every year for the last 24 years. According to its most recent dividend hike announcement on April 21, it raised the quarterly dividend from $0.72 to $0.74, equaling an annual figure of $2.96 per share. Currently, the dividend yield is 3.28%.
Southern's annual revenue as of March 31 stood at $27.85 billion. In its Q1 2025 earnings release on May 1, the company posted revenues of $7.78 billion and EPS of $1.23, both beating the consensus estimates.
What does the market think about Southern? Check out this article by Benzinga to learn more.
See Also: Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000.
VICI Properties
VICI Properties Inc. (NYSE:VICI) is a real estate investment trust that owns one of the largest portfolios of gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.