Why Hess Midstream, CMS Energy, And Comcast Are Winners For Passive Income

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Hess Midstream, CMS Energy, and Comcast have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of up to 7%.

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Hess Midstream 

Hess Midstream LP HESM owns, operates, develops, and acquires midstream assets and provides fee-based services to Hess and third-party customers in the U.S.

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The company has increased dividends every year for the last eight years. In its most recent dividend hike announcement on April 28, it raised the quarterly payout from $0.7012 to $0.7098 per share, equal to $2.84 annually. Currently, the dividend yield on the stock is 7.20%. 

Hess Midstream's annual revenue as of March stood at $1.52 billion. In its Q1 2025 earnings report on April 30, the company posted revenues of $382 million, above the consensus estimate of $381.62 million, while EPS of $0.65 came in below the consensus of $0.69.

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CMS Energy

CMS Energy Corp. CMS is an energy company focused principally on utility operations in Michigan.

The company has raised its dividends every year for the last 19 years. In its most recent dividend hike announcement on Feb. 6, the company increased the quarterly payout from $0.515 to $0.5425 per share, equaling an annual figure of $2.17. More recently, in its dividend announcement on April 14, the company maintained the payout at the same level. Currently, the dividend yield stands at 3.13%.

CMS Energy's annual revenue as of March 31 stood at $7.79 billion. As per the company’s Q1 2025 earnings release on April 24, it generated revenues of $2.45 billion, beating the consensus estimate of $2.23 billion, while EPS of $1.02 came in below the consensus of $1.03.

Check out this article by Benzinga, which looks into CMS Energy’s recent short interest.

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Comcast

Comcast Corp. CMCSA is a global media and technology company. 

Comcast has increased its dividends consecutively for the last 17 years. According to its most recent dividend hike announcement on Jan. 30, the company's board raised the quarterly payout by 6.5% to $0.33 per share, equal to an annual figure of $1.32 per share. More recently, in its dividend announcement on May 21, the company maintained the payout at the same level. Currently, the dividend yield is 3.86%.

Comcast’s annual revenue as of March 31 stood at $123.56 billion. In its Q1 2025 earnings report on April 24, the company posted revenues of $29.89 billion and EPS of $1.09, both above the consensus estimates.

Hess Midstream, CMS Energy, and Comcast are good choices for investors seeking reliable passive income. Their dividend yields of up to 7% and long history of consistent hikes make them attractive to income-focused investors.

Check out this article by Benzinga for three more stocks offering high dividend yields.

Interest Rates Are Falling, But These Yields Aren't Going Anywhere

Lower interest rates mean some investments won't yield what they did in months past, but you don't have to lose those gains. Certain private market real estate investments are giving retail investors the opportunity to capitalize on these high-yield opportunities.

Arrived Home's Private Credit Fund’s has historically paid an annualized dividend yield of 8.1%*, which provides access to a pool of short-term loans backed by residential real estate. The best part? Unlike other private credit funds, this one has a minimum investment of only $100. 

Looking for fractional real estate investment opportunities? The Benzinga Real Estate Screener features the latest offerings.

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