Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Kimberly-Clark, TXNM Energy, and Getty Realty have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 6%.

Kimberly-Clark

Don't Miss:

It has increased its dividends every year for the last 53 years. In its most recent dividend hike announcement on Jan. 28, the company's board raised the quarterly payout by 3.3% to $1.26 per share, equaling an annual figure of $5.04. The dividend yield on the stock is 3.78%.

Kimberly-Clark's annual revenue as of Dec. 31 stood at $20.06 billion. As per the company's Q4 2024 earnings report on Jan. 28, it posted revenues of $4.93 billion, above the consensus estimate of $4.86 billion, while EPS of $1.50 missed the consensus of $1.51.

Check out this article by Benzinga for 11 analysts’ insights for Kimberly-Clark.

Trending: BlackRock is calling 2025 the year of alternative assets. One firm from NYC has quietly built a group of 60,000+ investors who have all joined in on an alt asset class previously exclusive to billionaires like Bezos and Gates.

TXNM Energy

TXNM Energy (NYSE:TXNM) is a holding company that owns regulated utility companies providing energy to homes and businesses across Texas and New Mexico.

TXNM has raised its dividends consecutively for the last 13 years. In its most recent dividend hike announcement on Dec. 3, the company increased the quarterly payout by 5.2% to $0.4075 per share, which is equal to an annual figure of $1.63 per share. The current dividend yield on the stock stands at 3.33%.

The company’s annual revenue as of Dec. 31 stood at $1.97 billion. In its most recent earnings release on Feb. 21, the company posted Q4 2024 revenues of $476.96 million, below the consensus estimate of $496.05 million, while EPS of $0.30 matched expectations.

See Also: Hasbro, MGM, and Skechers trust this AI marketing firm — invest pre-IPO from $0.55 per share now.

Getty Realty 

Getty Realty (NYSE:GTY) is a net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate.

The company has increased its dividends consecutively for the last 12 years. In its most recent dividend hike announcement on Oct. 22, Getty Realty raised the quarterly payout by 4.40% to $0.47 per share, equal to an annual figure of $1.88 per share. More recently, in its dividend announcement on Feb. 11, the company maintained the payout at the same level. The current dividend yield on the stock is 6.83%.

Getty Realty’s annual revenue as of Dec. 31 stood at $203.39 million. In its Q4 2024 earnings release on Feb. 12, the company posted revenues of $53.02 million and adjusted AFFO of $0.60. Both figures came in above the consensus estimates.

Kimberly-Clark, TXNM Energy, and Getty Realty are good choices for investors seeking reliable passive income. Their dividend yields of around 3-6% 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. 

Read Next: