Why CareTrust REIT, Hess Midstream, And Kimberly-Clark Are Winners For Passive Income

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Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. CareTrust REIT, Hess Midstream, and Kimberly-Clark have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of up to around 8%.

CareTrust REIT

CareTrust REIT Inc. (NYSE:CTRE) is a real estate investment trust that owns, acquires, develops, and leases seniors housing and healthcare-related properties.

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CareTrust REIT has raised its dividends every year for the last 10 years. In its most recent dividend hike announcement on March 18, the board increased the quarterly payout from $0.29 to $0.335 per share, equal to an annual figure of $1.34 per share. More recently, in its dividend announcement on Sept. 15, the company maintained the payout at the same level. The current dividend yield on the stock is 3.97%.

The company’s annual revenue as of June 30 stood at $277.03 million. CareTrust on Aug. 6 posted Q2 2025 revenues of $112.47 million and EPS of $0.43, both coming in above expectations.

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Hess Midstream

Hess Midstream LP (NYSE:HESM) owns, operates, develops, and acquires midstream assets and provides fee-based services to Hess and third-party customers in the U.S.

The company has increased dividends consecutively for the last eight years. In its most recent dividend hike announcement on July 28, it raised the quarterly payout from $0.7098 to $0.737 per share, equal to an annual figure of $2.95 per share. Currently, the dividend yield on the stock stands at 8.64%.

Hess Midstream’s annual revenue as of June 30 stood at $1.57 billion. The company on July 30 posted Q2 2025 revenues of $414.20 million and EPS of $0.74, both coming in above Street expectations.

Check out this article by Benzinga for nine analysts' insights on Hess Midstream.

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Kimberly-Clark

Kimberly-Clark Corp. (NASDAQ:KMB) manufactures and markets personal care products internationally.

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Kimberly-Clark has raised its dividends every year for the last 53 years. In its most recent dividend hike announcement on Jan. 28, it increased the quarterly payout by 3.3% to $1.26 per share, which is equal to an annual figure of $5.04. More recently, in its dividend announcement on Aug. 1, the company maintained the payout at the same level. The current dividend yield on the stock is 4.21%.

Kimberly-Clark's annual revenue as of June 30 stood at $19.72 billion. The company on Aug. 1 posted Q2 2025 revenues of $4.16 billion, missing the consensus estimate of $4.80 billion, while EPS of $1.92 came in above the consensus of $1.67.

Check out this article by Benzinga for 12 analysts’ insights on Kimberly-Clark.

CareTrust REIT, Hess Midstream, and Kimberly-Clark are good choices for investors seeking reliable passive income. Their dividend yields of up to around 8% and long history of consistent hikes make them attractive to income-focused investors.

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This article Why CareTrust REIT, Hess Midstream, And Kimberly-Clark Are Winners For Passive Income originally appeared on Benzinga.com

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