Albert Geraci has taken over as president of the Florida Surplus Lines Association, focusing on priorities such as defending rate and form freedom, advocating with policymakers, and investing in future leadership. Scott McCleary has joined Alliant Insurance Services as senior vice president in the employee benefits group, working nationally with clients on benefits strategies.
Income-focused investors are increasingly seeking companies that offer reliable and consistent dividend payouts. Three notable options in this category are First Merchants, Philip Morris International, and Alliant Energy. These companies have demonstrated a strong track record of raising dividends annually, providing attractive yields for investors.
First Merchants Corp. (NASDAQ:FRME), a financial holding company, has increased its dividends for 13 consecutive years. In its most recent announcement on May 16, the company raised its quarterly payout from $0.35 to $0.36 per share, equating to an annual figure of $1.44 per share. This results in a current dividend yield of 3.88% [1].
Philip Morris International Inc. (NYSE:PM), a multinational tobacco company, has been raising its dividends for 17 years. On September 12, the company increased its quarterly payout from $1.30 to $1.35 per share, translating to an annual figure of $5.40 per share. The current dividend yield stands at 3.21% [1].
Alliant Energy Corp. (NASDAQ:LNT), a provider of regulated electric and natural gas services, has consistently increased its dividends for 21 years. In its latest announcement on January 17, the company raised its quarterly payout from $0.48 to $0.5075 per share, equating to an annual figure of $2.03 per share. The current dividend yield on the stock is 3.07% [1].
Alliant Energy recently reported its second quarter 2025 results, showing revenue of $961.0 million, a 7.5% increase from Q2 2024, and net income of $174.0 million, a 100% increase from Q2 2024. The company's shares have decreased by 1.1% from a week ago [2].
These companies offer attractive dividend yields and a proven history of consistent dividend growth, making them suitable choices for income-focused investors. As Albert Geraci takes over as president of the Florida Surplus Lines Association, focusing on rate and form freedom, and Scott McCleary joins Alliant Insurance Services as senior vice president, these companies continue to demonstrate their commitment to investor satisfaction and financial stability.
References:
[1] https://ca.finance.yahoo.com/news/1-canadian-dividend-champion-down-193000264.html
[2] https://finance.yahoo.com/news/alliant-energy-second-quarter-2025-113735387.html
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