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Why HP, Morgan Stanley, And Brookfield Infrastructure Partners Are Winners For Passive Income

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Why HP, Morgan Stanley, And Brookfield Infrastructure Partners Are Winners For Passive Income
Why HP, Morgan Stanley, And Brookfield Infrastructure Partners Are Winners For Passive Income

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Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. HP, Morgan Stanley, and Brookfield Infrastructure Partners have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of up to 6%.

HP

HP (NYSE:HPQ) provides personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies in the U.S. and internationally.

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HP has increased its dividends consecutively for the last nine years. In its most recent dividend hike announcement on Nov. 26, the company raised the quarterly payout by 5% to $0.2894, equal to an annual figure of $1.16 per share. Currently, the dividend yield is 3.79%.

The company's annual revenue as of Jan. 31 stood at $53.88 billion. According to the company's Q1 2025 earnings release on Feb. 27, it posted revenues of $13.50 billion, beating the consensus estimate of $13.36 billion, and EPS of $0.74, in line with expectations.

Morgan Stanley

Morgan Stanley (NYSE:MS) provides various financial products and services to governments, financial institutions, and individuals in the Americas, Asia, Europe, Middle East, and Africa.

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The financial giant has raised its dividends every year for the last 11 years. As per its most recent dividend announcement on June 28, it increased the quarterly payout from $0.85 to $0.925 per share, equaling an annual figure of $3.70 per share. The dividend yield on the stock currently stands at 3.10%.

The company’s annual revenue as of Dec. 31 stood at $57.62 billion. In its most recent earnings release on Jan. 16, the company posted Q4 2024 EPS of $2.22 and revenues of $16.22 billion. Both figures came in above the consensus estimates.

Check out this article from Benzinga to learn how much a $1,000 investment in Morgan Stanley stock five years ago would be worth today.