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Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Hess Midstream, Southern, and VICI Properties have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of up to 7%.

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.

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The company has raised dividends consecutively for the last eight years. In its most recent dividend hike announcement on April 28, the company's board increased the quarterly payout from $0.7012 to $0.7098, which is equal to $2.84 annually. Currently, the dividend yield on the stock stands at 7.45%.

Hess Midstream’s annual revenue as of Dec. 31 stood at $1.49 billion. In its Q1 2025 earnings release on April 30, the company posted revenues of $382 million, beating the consensus estimate of $381.62 million, while EPS of $0.65 missed the consensus of $0.69.

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The Southern Company

The Southern Company (NYSE:SO) engages in the generation, transmission, and distribution of electricity.

Southern has raised its dividends every year for the last 24 years. According to its most recent dividend hike announcement on April 21, it raised the quarterly dividend from $0.72 to $0.74, equaling an annual figure of $2.96 per share. Currently, the dividend yield is 3.28%.

Southern's annual revenue as of March 31 stood at $27.85 billion. In its Q1 2025 earnings release on May 1, the company posted revenues of $7.78 billion and EPS of $1.23, both beating the consensus estimates.

What does the market think about Southern? Check out this article by Benzinga to learn more.

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VICI Properties

VICI Properties Inc. (NYSE:VICI) is a real estate investment trust that owns one of the largest portfolios of gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.

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VICI Properties has increased its dividends every year for the last seven years. In its most recent dividend hike announcement on Sept. 5, its board raised the quarterly payout by 4.2% to $0.4325 per share, equal to an annual figure of $1.73 per share. More recently, in its dividend announcement on March 6, the company maintained the payout at the same level. Currently, the yield on the dividend is 5.48%.

VICI Properties' annual revenue as of March 31 stood at $3.88 billion. In its most recent earnings release on April 30, the company posted Q1 2025 EPS of $0.58, in line with expectations, while revenues of $984.20 million missed the consensus of $985.56 million.

Check out this article by Benzinga for nine analysts’ insights on VICI Properties.

Hess Midstream, Southern, and VICI Properties are good choices for investors seeking reliable passive income. Their dividend yields of up to 7% and long history of consistent hikes make them attractive to income-focused investors.

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This article Looking For Yields: Hess Midstream, Southern, And VICI Properties Are Consistent Moneymakers originally appeared on Benzinga.com

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