Looking For Yields: ManpowerGroup, Spire And Genuine Parts Are Consistent Moneymakers

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. ManpowerGroup, Spire and Genuine Parts have rewarded shareholders for decades and recently announced dividend increases. These companies currently offer dividend yields of around 3-5%.

ManpowerGroup

ManpowerGroup Inc. MAN provides workforce solutions and services, including recruitment, assessment, upskilling, reskilling, training, development, career Management, outsourcing and workforce consulting. 

Don't Miss:

• 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!
• 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.

The company has raised its dividend every year for the last 14 years. According to its most recent dividend hike announcement on May 3, ManpowerGroup increased its semiannual dividend from $1.47 to $1.54 per share, equaling $3.08 annually. The current yield on the dividend stands at 5.56%.

ManpowerGroup’s annual revenue (as of Sept. 30) stood at $18.08 billion. As per its most recent earnings announcement on Oct. 17, the company posted Q3 2024 revenues of $4.53 billion, beating the consensus of $4.50 billion and an EPS of $1.29, in line with expectations.

Check out this article by Benzinga for four analysts' insights on ManpowerGroup.

See Also: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share!

Spire

Spire Inc. SR engages in the purchase, retail distribution and sale of natural gas to residential, commercial, industrial and other end-users of natural gas in the United States. The company operates through three segments: Gas Utility, Gas Marketing and Midstream. 

Spire has raised its dividends consistently for the last 22 years. In its most recent dividend announcement on Nov. 14, the company raised the quarterly dividend from $0.755 to $0.785 per share, which is equal to an annual figure of $3.14 per share. The dividend yield on the stock currently stands at 4.66%.

Spire's annual revenue (as of Sept. 30) was $2.59 billion. As per the company’s most recent earnings announcement on Nov. 20, it posted Q4 2024 revenues of $293.80 million and an EPS of ($0.54). Both figures were below Street estimates.

Trending: Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!

Genuine Parts

Genuine Parts Company GPC sells automotive replacement parts, industrial parts and materials globally. The automotive segment primarily distributes to its 9,800 global retail locations, of which about two-thirds are independently owned and operated. Its industrial segment, primarily operating under the Motion banner in the United States, is a leading distributor of bearings, power transmission and other industrial products to over 200,000 maintenance, repair and original equipment manufacturer clients.

Genuine Parts has increased its dividends every year for the last 68 years. According to its most recent dividend hike announcement on Feb. 15, its board of directors increased the quarterly dividend from $0.95 to $1 per share, which is equal to an annual figure of $4 per share. Currently, the dividend yield on the stock is 3.43%.

The company's annual revenue (as of Sept. 30) stood at $23.30 billion. In its most recent quarterly earnings release on Oct. 22, the company posted a Q3 2024 EPS of $1.88, missing the consensus of $2.42, while revenues of $5.97 billion came in above the consensus estimate of $5.94 billion.

Check out this article by Benzinga to learn how to put $100 in your retirement fund each month with Genuine Parts stock. 

ManpowerGroup, Spire and Genuine Parts are good choices for investors seeking reliable passive income. Their dividend yields of around 3-5% and long history of consistent hikes make them attractive to income-focused investors.

A 9% Return In Just 3 Months

EquityMultiple's ‘Alpine Note — Basecamp Series' is turning heads and opening wallets. This short-term note investment offers investors a 9% rate of return (APY) with just a 3 month term and $5K minimum. The Basecamp rate is at a significant spread to t-bills. This healthy rate of return won't last long. With the Fed poised to cut interest rates in the near future, now could be the time to lock in a favorable rate of return with a flexible, relatively liquid investment option. 

What's more, Alpine Note — Basecamp can be rolled into another Alpine Note for compounding returns, or into another of EquityMultiple's rigorously vetted real estate investments, which also carry a minimum investment of just $5K. Basecamp is exclusively open to new investors on the EquityMultiple platform.

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