Passive Income Powerhouses: Avista, Hershey, and Virtus Investment Partners

Ladies and gentlemen, listen up! If you're looking for passive income, you need to pay attention to these three stocks: Avista, Hershey, and Virtus Investment Partners. These companies are not just paying dividends; they're paying them in spades! Let's dive in and see why these are the winners for passive income investors.

Avista Corporation: The Utility King



Avista Corporation (AVA) is a utility company that has been increasing its dividends for 22 consecutive years. That's right, folks, 22 years of consistent dividend growth! With a forward dividend yield of 4.93%, Avista is crushing the sector average of 3.75%. This is a no-brainer for passive income investors. Avista's forward payout ratio of 73.03% shows that the company's earnings can support its dividend payments. Plus, with strong financial metrics like EBIT and EBITDA, Avista is poised for continued growth.

The Hershey Company: Sweet Dividends



The Hershey Company (HSY) is the chocolate king, and it's also a dividend king! With a dividend yield of 3.47%, Hershey is more than double the sector average of 1.395%. Hershey has increased its dividends for 16 consecutive years, showing a strong commitment to returning value to shareholders. The company's financial stability and consistent growth make it a reliable choice for passive income investors.

Virtus Investment Partners: The Financial Powerhouse

Virtus Investment Partners (VRTS) is a financial company that has been increasing its dividends for 11 consecutive years. With a dividend yield of 4.79%, Virtus is a standout in the financial sector. The company's payout ratio of 31.48% shows that its earnings can support its dividend payments. Plus, with strong financial performance and a commitment to growth, Virtus is a winner for passive income investors.

Why These Stocks Are Winners

1. Consistent Dividend Growth: All three companies have a long history of consecutive dividend increases, showing a strong commitment to returning value to shareholders.
2. Attractive Dividend Yields: The dividend yields for these companies are significantly higher than their respective sector averages, making them attractive for passive income investors.
3. Strong Financial Metrics: These companies have strong financial metrics, including EBIT, EBITDA, and earnings per share, which support their ability to continue paying and increasing dividends.

Conclusion

Ladies and gentlemen, if you're looking for passive income, you need to own Avista, Hershey, and Virtus Investment Partners. These companies are not just paying dividends; they're paying them in spades! With consistent dividend growth, attractive dividend yields, and strong financial metrics, these stocks are winners for passive income investors. So, do yourself a favor and buy these stocks now! Your wallet will thank you later.