Why Southern, Fidelity National Financial, And Brookfield Infrastructure Are Winners For Passive Income

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Southern, Fidelity National Financial, and Brookfield Infrastructure Partners have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 5%.

The Southern Company 

The Southern Co. SO is an American electric and gas utility holding company.

Southern has increased its dividends every year for the last 24 years. In its most recent dividend hike announcement on April 21, it raised the quarterly payout from $0.72 to $0.74, equal to an annual figure of $2.96 per share. Currently, the dividend yield is 3.28%.

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Southern’s annual revenue as of March 31 stood at $27.85 billion. In its Q1 2025 earnings report on May 1, the company posted revenues of $7.78 billion and EPS of $1.23, both coming in above the consensus estimates. 

Fidelity National Financial

Fidelity National Financial Inc. FNF provides various insurance products in the U.S. 

Fidelity National Financial has raised its dividends every year for the last 13 years. In its most recent dividend hike announcement on Nov. 7, the company's board increased the quarterly payout by 4% to $0.50 per share, which is equal to an annual figure of $2 per share. More recently, in its dividend announcement on May 8, the company maintained the payout at the same level. The current dividend yield is 3.62%.

The company’s annual revenue as of March 31 stood at $12.78 billion. In its Q1 2025 earnings report on May 7, Fidelity posted revenues of $2.73 billion and EPS of $0.78, both coming in below the consensus expectations.

Check out this article by Benzinga for Fidelity's price-over-earnings overview.

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Brookfield Infrastructure Partners

Brookfield Infrastructure Partners L.P. BIP engages in the utilities, transport, midstream, and data businesses.

The company has raised its dividends consecutively for the last 16 years. In its most recent dividend hike announcement on Jan. 30, its board increased the quarterly payout by 6% to $0.43 per share, equaling an annual figure of $1.72 per share. More recently, in its dividend announcement on April 30, it maintained the payout at the same level. Currently, the dividend yield on the stock stands at 5.22%.

Brookfield Infrastructure Partners' annual revenue as of March 31 stood at $21.24 billion. According to its Q1 2025 earnings report on April 30, the company posted revenues of $5.39 billion, beating consensus estimates, while EPS of $0.04 missed expectations.

Southern, Fidelity National Financial, and Brookfield Infrastructure Partners are good choices for investors seeking reliable passive income. Their dividend yields of around 3% to 5% 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. 

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