From Yahoo Finance: 2025-04-28 09:39:00

Agree Realty, LCI Industries, and Allete have a strong history of rewarding shareholders with dividend increases, offering yields of up to nearly 6%. Agree Realty (ADC) is a real estate investment trust that has consecutively raised dividends for 12 years, with a current yield of 3.88%.

LCI Industries (LCII) manufactures components for RV manufacturers and has increased dividends annually for nine years, currently offering a 5.83% yield. Allete (ALE) operates in the energy sector, raising dividends for 14 years with a 4.48% yield. These companies are attractive for passive income investors.

Agree Realty’s annual revenue is $617.10 million, with Q1 2025 revenues exceeding estimates. LCI Industries had annual revenue of $3.74 billion, posting Q4 2024 revenues above consensus. Allete’s annual revenue is $1.53 billion, with Q4 2024 revenues missing estimates.

Investors seeking high dividend yields can consider Agree Realty, LCI Industries, and Allete for reliable passive income. These companies have a long history of consistent dividend hikes, making them appealing to income-focused investors.

Read more: Why Agree Realty, LCI Industries, And Allete Are Winners For Passive Income