Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. PepsiCo, Johnson & Johnson, and Skyworks Solutions have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 4%.
PepsiCo
PepsiCo Inc. PEP produces, markets, distributes, and sells various beverages and convenient foods worldwide.
The company has raised its dividends every year for the past 53 years. In its most recent dividend announcement on May 6, its board increased the quarterly payout by 5% to $1.4225, equal to an annual figure of $5.69 per share. Currently, the dividend yield on the stock is 4.40%.
Don't Miss:
- GoSun's breakthrough rooftop EV charger already has 2,000+ units reserved — become an investor in this $41.3M clean energy brand today.
- Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential.
PepsiCo’s annual revenue as of March 31 stood at $91.52 billion. In its Q1 2025 earnings release on April 24, the company posted EPS of $1.48, below the consensus estimate of $1.49, while revenues of $17.92 billion beat the consensus of $17.77 billion.
Johnson & Johnson
Johnson & Johnson JNJ researches, manufactures, and sells various products in the healthcare field worldwide.
Johnson & Johnson has increased its dividends consecutively for the last 63 years. In its most recent dividend hike announcement on April 15, the company's board raised the quarterly payout by 4.80% to $1.30 per share, equaling an annual figure of $5.20 per share. The current dividend yield is 3.41%.
Johnson & Johnson’s annual revenue as of March 31 stood at $89.33 billion. According to the company's Q1 2025 earnings report on April 15, it posted revenues of $21.89 billion and EPS of $2.77, both coming in above the consensus estimates.
Check out this article by Benzinga, which looks into Johnson & Johnson’s recent short interest.
Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100.
Skyworks Solutions
Skyworks Solutions Inc. SWKS designs, develops, manufactures, and markets proprietary semiconductor products in the U.S. and internationally.
Skyworks Solutions has increased its dividends consecutively for the last 11 years. As per its most recent dividend hike announcement on July 30, the company raised the quarterly payout by 3% to $0.70 per share, which is equal to an annual figure of $2.80 per share. More recently, in its earnings report on May 7, the company maintained the payout at the same level. The current yield on the dividend is 3.91%.
The company's annual revenue as of March 31 stood at $3.95 billion. As per its Q2 2025 earnings release on May 7, it posted revenues of $953.20 million, beating the consensus estimate of $939.83 million, while EPS of $1.24 came in below the consensus of $1.40.
PepsiCo, Johnson & Johnson, and Skyworks Solutions are good choices for investors seeking reliable passive income. Their dividend yields of around 3% to 4% 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.
See Next
- $100k in assets? Maximize your retirement and cut down on taxes: Book your free call with a financial advisor to start your financial journey – no cost, no obligation.
- Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here’s how you can earn passive income with just $100.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.