How Evergy, Cadence Bank, And Tyson Foods Can Put Cash In Your Pocket

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Evergy, Cadence Bank, and Tyson Foods have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 4%.

Evergy

Evergy EVRG engages in the generation, transmission, distribution, and sale of electricity in the U.S. It generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, and other renewable sources.

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Evergy has increased its dividends every year for the last seven years. In its most recent dividend hike announcement on Nov. 7, the company raised the quarterly payout by 4% to $0.6675 per share, which is equal to an annual figure of $2.67 per share. The current dividend yield on the stock is 4.10%.

Evergy’s annual revenue as of Dec. 31 stood at $5.85 billion. As per its Q4 2024 report on Feb. 27, it posted revenues of $1.26 billion, above the consensus estimate of $1.24 billion, while EPS of $0.35 missed the consensus of $0.37.

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Cadence Bank

Cadence Bank CADE provides commercial banking and financial services in the U.S.

Cadence Bank has raised its dividends consecutively for the last 12 years. As per its most recent dividend hike announcement on Jan. 22, the company raised the quarterly payout by 10% to $0.275 per share, which is equal to an annual figure of $1.10 per share. The dividend yield on the stock is 3.78%.

Cadence Bank's annual revenue as of Sept. 30 stood at $1.37 billion. According to its Q4 2024 earnings release on Jan. 22, the company posted revenues of $450.70 million, below the consensus estimate of $457.6 million, while EPS of $0.70 came in above the consensus of $0.68.

Check out this article by Benzinga, which looks into Cadence Bank’s recent short interest.

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Tyson Foods

Tyson Foods TSN operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods.

Tyson Foods has increased its dividends every year for the last 12 years. In its most recent dividend hike announcement on Aug. 8, the company's board raised the quarterly payout from $0.49 to $0.50 per share, equal to an annual figure of $2 per share. Currently, the dividend yield on the stock stands at 3.23%.

Tyson Foods' annual revenue as of Dec. 31 stood at $53.61 billion. In its most recent earnings release on Feb. 3, the company posted Q1 2025 revenues of $13.62 billion and EPS of $1.14. Both figures came in above the Street estimates.

Check out this article by Benzinga to learn how investors feel about Tyson Foods.

Evergy, Cadence Bank, and Tyson Foods 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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