Companies with a long history of paying and constantly hiking continue to appeal to income -focused investors. Merck, Black Hills, and Virtus Investment Partners have rewarded shareholders for years and recently announced dividend increases. These companies currently offer a dividend product of approximately 4-6%.
Mercenary
Merck (Nyse:Mrk) is a healthcare company that produces pharmaceutical products to treat various conditions in many therapeutic fields, including cardiometabolic disease, cancer and infections.
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Merck has raised his dividends every year for the past 14 years. According to its latest dividend hiking announcement on November 19, the company increased the quarterly payment from $ 0.77 to $ 0.81 per share, equal to an annual figure of $ 3.24 per share. The current dividend product on the stock is 4.09%.
Merck's annual revenue on December 31 was $ 64.17 billion. In its Ch4 2024 earnings report on February 4, revenue posted $ 15.62 billion and EPS of $ 1.72. Both figures beat the street estimates.
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Black hills
Black Hills Corp. (NYSE:Bkh) acts as an electric and natural gas utility company in the US
Black Hills has raised his dividends every year for the past 55 years. In its latest dividend hiking announcement on January 24, the quarterly payment of $ 0.65 to $ 0.676 increased the share, equal to an annual figure of $ 2.70 per share. Currently, the dividend product on the stock is 4.63%.
The annual revenue of Black Hills on December 31 was $ 2.13 billion. In accordance with the company's Q4 2024 earnings statement on February 5, revenue posted $ 597.10 million, losing the consensus of $ 944 million, while EPS from $ 1.37 came in higher than the consensus estimate of $ 1.34.
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Virtus Investment Partners
Virtus Investment Partners (NYSE:Appreciate) is a public -owned investment manager. The company provides its services mainly to individual and institutional clients.