Income-focused investors are eyeing companies like Independent Bank, Rexford Industrial Realty, and Horace Mann Educators for their consistent dividend increases. Independent Bank raised its dividend to $0.59 per share, yielding 3.53%, with annual revenue of $705.48 million. Rexford Industrial Realty’s dividend remains at $0.43 per share, yielding 4.57%. Horace Mann Educators’ dividend is $0.35 per share, yielding 3.14%. These companies offer dividend yields of around 3% to 4% and have a long history of consistent hikes, making them attractive options for investors seeking reliable passive income.

Read more at Yahoo Finance: Why Independent Bank, Rexford Industrial Realty, And Horace Mann Educators Are Winners For Passive Income