Avista Corp (NYSE: AVA), Regions Financial Corp (NYSE: RF), and Duke Energy Corp (NYSE: DUK) have a long history of raising dividends, appealing to income-focused investors. Avista offers a 5.03% dividend yield, Regions Financial 4.37%, and Duke Energy 3.34%. These companies provide reliable passive income with consistent dividend hikes.

Avista, with an annual revenue of $1.96 billion, announced a dividend increase to $0.49 per share. Regions Financial, with $7.29 billion in annual revenue, raised dividends to $0.265 per share. Duke Energy, with annual revenue of $31.27 billion, increased dividends to $1.065 per share. Each company’s recent earnings reports reflect their financial performance.

Investors looking for reliable passive income can consider Avista, Regions Financial, and Duke Energy. With dividend yields up to 5% and consistent increases, these companies provide a stable source of income for income-focused investors. These companies have a track record of rewarding shareholders with dividend hikes over the years.

Read more at Yahoo Finance: Avista, Regions Financial, And Duke Energy Are Consistent Moneymakers