Why Fidelity National Financial, Kimberly-Clark, And Black Hills Are Winners For Passive Income

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Fidelity National Financial, Kimberly-Clark, and Black Hills have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 4%.

Fidelity National Financial

Fidelity National Financial FNF provides various insurance products in the U.S. It offers title insurance, escrow and other title-related services, including trust activities, trustee sales guarantees, recordings and reconveyances and home warranty products.

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Fidelity National Financial has raised its dividends every year for the last 13 years. According to its most recent dividend hike announcement on Nov. 7, its board increased the quarterly payout by 4% to $0.50 per common share, which is equal to an annual figure of $2 per share. The current yield on the stock is 3.09%.

The company's annual revenue as of Dec. 31 stood at $13.36 billion. In its Q4 2024 earnings release on Feb. 20, Fidelity posted revenues of $3.62 billion and EPS of $1.34. Both figures beat the Street expectations. 

Check out this article by Benzinga for five analysts' insights on Fidelity National Financial.

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Kimberly-Clark

Kimberly-Clark Corporation KMB manufactures and markets personal care products in the U.S.

It has raised its dividends consecutively for the last 53 years. In its most recent dividend hike announcement on Jan. 28, the company increased the quarterly payout by 3.3% to $1.26 per share, equaling an annual figure of $25.04. Currently, the dividend yield on the stock is 3.52%.

Kimberly-Clark’s annual revenue as of Dec. 31 stood at $20.06 billion. According to the company’s Q4 2024 earnings release on Jan. 28, it posted revenues of $4.93 billion, beating the consensus estimate of $4.86 billion, while EPS of $1.50 came in below the consensus of $1.51.

Check out this article by Benzinga for eight analysts' evaluations of Kimberly-Clark. 

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Black Hills

Black Hills Corporation BKH operates as an electric and natural gas utility company in the U.S. 

Black Hills has increased its dividends every year for the last 55 years. In its most recent dividend hike announcement on Jan. 24, the company's board raised the quarterly payout from $0.65 to $0.676 per share, or $2.70 per share annually. Currently, the dividend yield on the stock stands at 4.37%.

Black Hills' annual revenue as of Dec. 31 stood at $2.13 billion. According to the company's Q4 2024 earnings announcement on Feb. 5, it posted quarterly revenues of $597.10 million, missing the consensus estimate of $944 million, while EPS of $1.37 beat the consensus of $1.34.

Fidelity National Financial, Kimberly-Clark, and Black Hills 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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