Comcast, Evergy and Phillips 66 are consistent money makers
Looking for yield: Comcast, Evergy, and Phillips66 are consistent money makers
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With a long history of paying dividends and hiking consistently, businesses are attractive to income-focused investors. Comcast, Evergy and Phillips 66 have been repaying shareholders for years and have recently announced an increase in dividends. These companies currently offer dividend yields of around 4%.
Comcast
Comcast Corporation (NASDAQ:CMCSA) Global media and technology company. Offering broadband, wireless and video through Xfinity, Comcast Business and Sky. Produces, distributes and distributes entertainment, sports and news through brands such as NBC, Telemundo, Universal, Peacock, and Sky. And bring theme parks and attractions to life through universal destinations and experiences.
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Comcast has increased its dividends each year for the past 17 years. According to the latest dividend announcement on January 30th, quarterly dividends rose 6.5% per share to $0.33. Currently, the inventory dividend yield is 3.98%.
As of December 31st, Comcast’s annual revenue was $123.73 billion. In its latest revenue announcement on January 30th, the company recorded revenue of $319.1 billion and $0.96 EPS for the fourth quarter of 2024.
Several analysts have significantly reduced Comcast’s forecasts in the fourth quarter. Please check this Article by Benzinga For more information.
Evergy Inc. (NASDAQ:evrg) A regulated utility that serves eastern Kansas and western Missouri. Also, one of the largest wind energy suppliers in the United States, the utility, is about half of Kansas and divided into Missouri and federal jurisdictions, has a total tax rate of around $19 billion.
Eversy has raised its dividends for the past seven years in a row. In the recent dividend hike announcement on November 7, its board increased its quarterly dividend by 4% per share to $0.6675, equivalent to $2.67 per year. The stock’s dividend yield is currently 4.12%.
As of September 30th, Eversy’s annual revenue was $5.788 billion. According to a third-quarter report, the company recorded revenue of $1.81 billion compared to a consensus of $2.15 billion and an EPS of $2.02.
Phillips 66 (NYSE:PSX) Operates globally as an energy manufacturing and logistics company through four segments: midstream, chemicals, refinement, marketing and specialization.
Phillips 66 has consistently raised its dividends for the past 13 years. According to an announcement from a recent recent dividend hike on April 3, quarterly dividends were raised to 10%, equivalent to an annual figure of $4.60 per share. The current yield on dividends is 3.90%.
As of September 30th, Phillips 66’s annual revenue was $1477.4 billion. In its latest revenue announcement on January 31, it surpassed its fourth quarter 2024 EPS ($0.15) EPS ($0.23), with revenues of $339.9 billion exceeding $35.77 billion.
Comcast, Evergy, and Phillips 66 are good choices for investors looking for reliable passive income. The dividend yield of around 4% and a long history of consistent hiking make it attractive for income-focused investors.
Please check this Article by Benzinga For three more stocks that offer a high dividend yield.
