Looking For Yields: Edison International, TXNM Energy And Tyson Foods Are Consistent Moneymakers

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Edison International, TXNM Energy and Tyson Foods have rewarded shareholders for decades and recently announced dividend increases. These companies currently offer dividend yields of around 3-4%.

Edison International

Edison International EIX is one of the nation's largest electric utility holding companies, focused on providing clean and reliable energy through its independent companies. Headquartered in Rosemead, California, Edison International is the parent company of Southern California Edison Company, a utility delivering electricity to 15 million people across Southern, Central and Coastal California.

Don't Miss:

• This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.
• Unlock the hidden potential of commercial real estate — This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!

Edison has raised its dividends consecutively for the last 21 years. As per the company's most recent dividend hike announcement on Dec. 12, its board of directors raised the quarterly dividend by 6.1% to $0.8275 per share, equal to an annual figure of $3.31 per share. Currently, the dividend yield is 4.25%.

The company’s annual revenue (as of Sept. 30) stood at $17.3 billion. According to the company’s most recent earnings announcement on Oct. 29, it posted revenues of $5.20 billion and an EPS of $1.51 for Q3 2024. Both figures beat Street estimates.

See Also: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.

TXNM Energy

TXNM Energy TXNM is a holding company that owns regulated utility companies providing energy to homes and businesses across Texas and New Mexico through its utilities.

TXNM has increased its dividends every year for the last 12 years. According to its most recent dividend announcement on Dec. 3, the company raised the quarterly dividend by 5.2% to $0.4075 per share, equal to $1.63 annually. The dividend yield on the stock currently stands at 3.42%.

The company's annual revenue (as of Sept. 30) stood at $1.9 billion. As per its most recent earnings release on Nov. 1, it generated Q3 2024 revenues of $569.26 million compared to the consensus estimate of $588.88 million and an EPS of $1.43 compared to the consensus of $1.41.

Trending: Arrived Home's Private Credit Fund’s has historically paid an annualized dividend yield of 8.1%*, which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. 

Tyson Foods

Tyson Foods TSN is a protein-focused food producer that sells raw chicken, beef, pork and prepared foods. Chicken and beef are its two largest segments, comprising about one-third of U.S. sales. Prepared foods, including brands like Tyson, Jimmy Dean, Hillshire Farm, ballpark and Sara Lee, constitute roughly 20% of sales.

Check out this article by Benzinga to learn how to earn $500 a month from Tyson Foods stock.

Tyson Foods has increased its dividends consecutively for the last 12 years. According to the company’s most recent dividend hike announcement on Aug. 8, it raised the quarterly dividend from $0.49 to $0.50 per share, equal to an annual figure of $2 per share. The dividend yield on the stock currently stands at 3.44%.

The company's annual revenue (as of Sept. 30) stood at $53.3 billion. According to its most recent earnings release on Nov. 12, the company posted Q4 2024 revenues of $13.56 billion and an EPS of $0.92. Both figures came in above consensus estimates.

Edison International, TXNM Energy and Tyson Foods are good choices for investors seeking reliable passive income. Their dividend yields of around 3-4% and long history of consistent hikes make them attractive to income-focused investors.

Check out this article by Benzinga for three more stocks offering high dividend yields. 

Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

You Can Profit From Real Estate Without Being A Landlord

Real estate is a great way to diversify your portfolio and earn high returns, but it can also be a big hassle. Luckily, there are other ways to tap into the power of real estate without owning property. Arrived Home's Private Credit Fund’s has historically paid an annualized dividend yield of 8.1%*, which provides access to a pool of short-term loans backed by residential real estate. The best part? Unlike other private credit funds, this one has a minimum investment of only $100. 

Looking for fractional real estate investment opportunities? The Benzinga Real Estate Screener features the latest offerings.