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Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Philip Morris, Southern, and Clorox have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of up to 4%.
Philip Morris
Philip Morris International Inc. (NYSE:PM) is a multinational tobacco company that offers cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products under the IQOS and ZYN brands.
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Philip Morris has increased its dividends every year for the past 17 years. In its most recent dividend hike announcement on Sept. 19, the board raised the quarterly payout from $1.35 to $1.47 per share, equal to an annual figure of $5.88 per share. Currently, the dividend yield on the stock is 3.69%.
The company’s annual revenue as of June 30 stood at $39.06 billion. The company on July 22 posted Q2 2025 revenues of $10.14 billion, missing the consensus estimate of $10.30 billion, while EPS of $1.91 came in above the consensus of $1.85.
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The Southern Company
The Southern Co. (NYSE:SO) is an American electric and gas utility holding company.
Southern has raised its dividends consecutively for the last 24 years. In its most recent dividend hike announcement on April 21, it increased the quarterly payout from $0.72 to $0.74, equaling an annual figure of $2.96 per share. More recently, in its dividend announcement on July 21, the company maintained the payout at the same level. Currently, the dividend yield stands at 3.02%.
Southern's annual revenue as of June 30 stood at $28.36 billion. The company on July 31 posted Q2 2025 revenues of $6.97 billion and EPS of $0.92, both beating the consensus estimates.
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Clorox
The Clorox Company (NYSE:CLX) is a global manufacturer and marketer of consumer and professional products, with a diverse portfolio including cleaning and disinfecting products, food products, and personal care items.
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Clorox has raised its dividends every year for the last 47 years. In its most recent dividend hike announcement on July 30, it increased the quarterly payout from $1.22 to $1.24 per share, equal to an annual figure of $4.96. More recently, in its dividend announcement on Sept. 16, the company maintained the payout at the same level. Currently, the dividend yield on the stock is 4.12%.
The company’s annual revenue as of June 30 stood at $7.10 billion. The company on July 31 posted Q4 2025 revenues of $1.99 billion and EPS of $2.87, both beating expectations.
Philip Morris, Southern, and Clorox are good choices for investors seeking reliable passive income. Their dividend yields of up to 4% and long history of consistent hikes make them attractive to income-focused investors.
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This article Looking For Yields: Philip Morris, Southern Company, And Clorox Are Consistent Moneymakers originally appeared on Benzinga.com
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Looking For Yields: Philip Morris, Southern Company, And Clorox Are Consistent Moneymakers
Published 3 weeks ago
Oct 18, 2025 at 2:01 AM
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