Looking For Reliable Dividends? Check Out These 3 Companies With Over 15 Years Of Consecutive Payout Increases

For those seeking stable returns, companies with a solid history of increasing dividends are often a great choice. In this piece, we’re spotlighting three standout companies—The Home Depot, Pool Corporation, and Hubbell Incorporated—that have not only maintained strong dividend growth but also recently announced significant hikes.

The Home Depot 

The Home Depot, Inc. HD stands as the largest home improvement retailer globally, serving both the U.S. and international markets. The company offers a broad range of products, including building materials, home improvement items, garden supplies, and provides installation and equipment rental services. 

Demonstrating a robust history, Home Depot has paid dividends for 38 consecutive years and increased them for 14 years in a row. In February, it announced a 7.7% hike in its quarterly dividend, bringing it to $2.25 per share, or $9 annually, yielding 2.59%. 

Over the last twelve months, Home Depot achieved $151.8 billion in revenue and $14.8 billion in net income.

Pool Corporation 

Pool Corporation POOL is a leading distributor of swimming pool supplies, equipment, and related leisure products worldwide. The company provides maintenance chemicals, pool accessories, repair and replacement parts, as well as building materials for pool installations and renovations. 

Pool has a strong dividend track record, maintaining payments for 21 years and raising them for 13 consecutive years. On May 1, it announced a 9.1% increase in its quarterly dividend to $1.20 per share, or $4.80 annually, yielding 1.40%. 

Over the past year, Pool Corp reported $5.4 billion in revenue and $500.4 million in net income.

Hubbell 

Hubbell Incorporated HUBB specializes in manufacturing electrical and utility solutions. The company designs and produces a variety of products including wiring devices, lighting fixtures, industrial controls, and utility infrastructure products. 

Hubbell has increased its dividend for 16 consecutive years. In October 2023, it raised its quarterly dividend by 8.9% to $1.22 per share, or $4.88 annually, yielding 1.27%. 

Over the last twelve months, Hubbell generated $5.48 billion in revenue and $725.7 million in net income.

Are You Missing Out on Higher Yields?

The current high-interest-rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through dividend stocks… Certain private market real estate investments are giving retail investors the opportunity to capitalize on these high-yield opportunities and Benzinga has identified some of the most attractive options for you to consider. 

For example, the Jeff Bezos-backed investment platform just launched its Private Credit Fund, which provides access to a pool of short-term loans backed by residential real estate with a target 7% to 9% net annual yield paid to investors monthly. The best part? Unlike other private credit funds, this one has a minimum investment of only $100. 

Don't miss out on this opportunity to take advantage of high-yield investments while rates are high. Check out Benzinga's favorite high-yield offerings. 

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