From Yahoo Finance: 2025-03-29 16:00:00

Hormel Foods, ALLETE, and Alliant Energy are appealing to income-focused investors with a long history of dividend payments and recent increases. Hormel Foods has raised dividends for 59 years, currently yielding 4.03%. ALLETE has raised dividends for 14 years, yielding 4.46%. Alliant Energy has raised dividends for 21 years, yielding 3.27%.

Hormel Foods, with annual revenue of $11.91 billion, beat Q1 2025 revenue estimates at $2.99 billion. ALLETE, with annual revenue of $1.53 billion, fell short of Q4 2024 revenue and EPS expectations. Alliant Energy, with annual revenue of $3.98 billion, exceeded Q4 2024 revenue and EPS consensus estimates.

Investors seeking reliable passive income can consider Hormel Foods, ALLETE, and Alliant Energy with dividend yields around 3-4%. These companies have a long history of consistent dividend hikes, making them attractive choices for income-focused investors.



Read more at Yahoo Finance: How Hormel Foods, ALLETE, And Alliant Energy Can Put Cash In Your Pocket