Looking For Yields: Philip Morris, CME Group, And CareTrust REIT Are Consistent Moneymakers

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Philip Morris, CME Group, and CareTrust REIT have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 4%.

Philip Morris

Philip Morris International PM operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.

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Philip Morris has increased its dividends consecutively since 2008. According to the company's most recent dividend hike announcement on Sept. 12, its board raised the quarterly payout from $1.30 to $1.35 per share, which is equal to an annual figure of $5.40 per share. The current dividend yield on the stock stands at 3.43%.

The company's annual revenue as of Dec. 31 stood at $37.88 billion. In its most recent earnings announcement on Feb. 6, it posted Q4 2024 revenues of $9.71 billion and EPS of $1.55. Both figures beat the consensus estimates.

Check out this article by Benzinga, which looks into Philip Morris International's recent short interest.

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CME Group

CME Group CME operates contract markets for the trading of futures and options on futures contracts worldwide.

CME Group has raised its dividends every year for the last 14 years. In its most recent dividend announcement on Feb. 5, the company raised the quarterly payout by 9% to $1.25 per share. This is in addition to its annual variable dividend of $5.80 per share. Thus, the annualized dividend on the stock is $10.80 per share. Currently, the dividend yield stands at 4.31%.

The company’s annual revenue as of Sept. 30 stood at $6.04 billion. As per its Q4 2024 earnings report on Feb. 12, it posted revenues of $1.52 billion and EPS of $2.52, both above expectations.

Check out this article by Benzinga for seven analysts' insights on CME Group.

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CareTrust REIT

CareTrust REIT's CTRE primary business consists of acquiring, financing, developing and owning real property to be leased to third-party tenants in the healthcare sector.

CareTrust REIT has raised its dividends every year for the last nine years. In its most recent dividend hike announcement on March 18, the company increased its quarterly payout from $0.28 to $0.29 per share, equal to an annual figure of $1.16 per share. The current yield on the dividend stands at 4.47%.

The company’s annual revenue as of Dec. 31 stood at $228.26 million. According to its Q4 2024 earnings release on Feb. 12, the company posted revenues of $86.94 million and EPS of $0.40. Both figures came in above the consensus estimates. 

Philip Morris, CME Group, and CareTrust REIT are good choices for investors seeking reliable passive income. Their dividend yields of around 3% to 4% and long history of consistent hikes make them attractive to income-focused investors.

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Interest Rates Are Falling, But These Yields Aren't Going Anywhere

Lower interest rates mean some investments won't yield what they did in months past, but you don't have to lose those gains. Certain private market real estate investments are giving retail investors the opportunity to capitalize on these high-yield opportunities.

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. 

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