Looking For Yields: Terreno Realty, Portland General Electric And Skyworks Solutions Are Consistent Moneymakers

Comments
Loading...

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Terreno Realty, Portland General Electric and Skyworks Solutions have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3-4%.

Terreno Realty

Terreno Realty Corporation TRNO acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, D.C.

Don't Miss:

The company has increased its dividends every year for the last 11 years. In its most recent dividend hike announcement on Aug. 7, the board of directors raised the quarterly dividend by 8.9% to $0.49 per share, equal to an annual figure of $1.96 per share. Currently, the dividend yield on the stock stands at 3.28%.

Terreno Realty’s annual revenue (as of Sept. 30) stood at $365.40 million. According to the company’s most recent earnings release on Nov. 6, it generated revenues of $99.64 million and an EPS of $0.63 for Q3 2024. Both figures came in above consensus estimates.

Check out this article by Benzinga for six analysts' insights on Terreno Realty.

See Also: 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. 

Portland General Electric 

Portland General Electric Company POR is a regulated electric utility in Oregon that provides electricity generation, wholesale purchase, transmission, distribution and retail sales. It operates six thermal plants, three wind farms and seven hydroelectric facilities. 

Portland General Electric has raised its dividends consecutively for the last 19 years. In its most recent dividend hike announcement on April 19, the company increased the quarterly dividend by 5.3% to $0.50 per share, equal to $2 per share annually. The current dividend yield on the stock stands at 4.87%.

The company's annual revenue (as of Sept. 30) stood at $3.34 billion. As per its most recent earnings announcement on Oct. 25, it posted revenues of $942 million and an EPS of $0.90 for Q3 2024. Both figures beat consensus 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!

Skyworks Solutions

Skyworks Solutions, Inc. SWKS produces semiconductors for wireless handsets and other devices that enable wireless connectivity. Its main products include power amplifiers, filters, switches and integrated front-end modules that support wireless transmissions. Skyworks’ customers are mostly large smartphone manufacturers, but the firm also has a growing presence in non-handset applications such as wireless routers, medical devices and automobiles.

Skyworks Solutions has increased its dividends for the last 11 consecutive years. In its most recent dividend hike announcement on July 30, the company raised the quarterly dividend by 3% to $0.70 per share, equaling an annual figure of $2.80 per share. The current yield on the dividend stands at 3.06%.

The company’s annual revenue (as of Sept. 30) stood at $4.18 billion. According to its most recent earnings release on Nov. 12, it posted Q4 2024 revenues of $1.02 billion and an EPS of $1.55, both coming in above Street estimates.

Check out this article by Benzinga for 13 analysts' projections for Skyworks Solutions.

Terreno Realty, Portland General Electric and Skyworks Solutions 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.

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.

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.

Overview Rating:
Good
62.5%
Technicals Analysis
66
0100
Financials Analysis
60
0100
Overview
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!