Looking For Yields: Black Hills, Genuine Parts, And Agree Realty Are Consistent Moneymakers

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Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Black Hills, Genuine Parts, and Agree Realty have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 4%.

Black Hills

Black Hills Corp. (NYSE:BKH) operates as an electric and natural gas utility company in the U.S.

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Black Hills has increased its dividends every year for the last 55 years. In its most recent dividend hike announcement on Jan. 24, it raised the quarterly payout from $0.65 to $0.676 per share, equal to an annual figure of $2.70 per share. More recently, in its dividend announcement on July 22, the company maintained the payout at the same level. Currently, the dividend yield on the stock is 4.14%.

Black Hills' annual revenue as of June 30 stood at $2.24 billion. The company on July 30 posted Q2 2025 revenues of $439 million, below the consensus estimate of $448.40 million, while EPS of $0.38 beat the consensus of $0.37.

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Genuine Parts

Genuine Parts Co. (NYSE:GPC) is a global service provider of automotive and industrial replacement parts.

Genuine Parts has raised its dividends consecutively for the last 69 years. In its most recent dividend hike announcement on Feb. 18, the board increased the quarterly payout by 3% to $1.03 per share, equaling an annual figure of $4.12 per share. More recently, in its dividend announcement on Aug. 12, the company maintained the payout at the same level. Currently, the dividend yield on the stock stands at 3.10%.

Genuine Parts' annual revenue as of Sept. 30 stood at $24.06 billion. The company on Oct. 21 posted Q3 2025 revenues of $6.26 billion, beating the consensus estimate of $6.13 billion, while EPS of $1.98 came in below the consensus of $2.

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Agree Realty

Agree Realty Corp. (NYSE:ADC) is a real estate investment trust that acquires and develops properties net leased to industry-leading, omnichannel retail tenants.

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Agree Realty has raised its dividends every year for the last 12 years. In its most recent dividend announcement on Oct. 14, it increased the monthly payout by 2.3% to $0.262 per share, equal to an annual figure of $3.14 per share. The current dividend yield on the stock is 4.18%.

Agree Realty's annual revenue as of June 30 stood at $659.75 million. The company on Oct. 21 posted Q3 2025 revenues of $183.19 million and AFFO of $1.10, both beating the consensus estimates.

Black Hills, Genuine Parts, and Agree Realty 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.

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This article Looking For Yields: Black Hills, Genuine Parts, And Agree Realty Are Consistent Moneymakers originally appeared on Benzinga.com

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