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Companies with a strong track record of maintaining and growing their dividends are highly attractive to investors. Here we highlight three companies – ManpowerGroup, Northrop Grumman Corporation and Nexstar Media Group – that have recently announced dividend increases and offer solid yields.
Manpower Group
ManpowerGroup (NYSE:MAN) is a global workforce solutions and services company. The company offers permanent, temporary and contract positions in the professional, administrative and industrial sectors. Through its Manpower, Experis and Talent Solutions brands, the company has created value for clients and candidates in more than 70 countries for 75 years.
ManpowerGroup has maintained dividend payments for 31 years in a row and increased them for the past 13 years. In May, the company increased its semi-annual dividend by 4.8% to $1.54 per share, or $3.08 per year, yielding 4.23%.
Over the past twelve months, the company generated $18.56 billion in revenue and $50.7 million in net profit.
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Northrop Grumman
Northrop Grumman Corporation (NYSE:NOC) operates worldwide as a leading aerospace and defense technology company. Its segments include Aeronautics Systems, Defense Systems, Mission Systems and Space Systems, and offer a range of products and services from aircraft systems to missile defense solutions to satellites.
Northrop Grumman has raised its dividend for 20 years in a row. In May, the company announced a 10% increase in its quarterly dividend to $2.06 per share, or $8.24 annually. 1.91%.
The company has beaten consensus EPS and revenue estimates for each of the past six quarters. Over the past twelve months, Northrop Grumman generated $40.12 billion in revenue and $2.15 billion in net income.
Nextstar Media
Nexstar Media Group, Inc. (NASDAQ:NXST) is a leading diversified media company that produces and distributes local and national news, sports and entertainment content through television and digital platforms.
Nexstar has maintained dividend payments for 12 years in a row and increased them for 11 years. In May, the company announced a 25% increase in its quarterly dividend to $1.69 per share, or $6.76 per year, which 4.28%.
Over the past twelve months, Nexstar generated $4.96 billion in revenue and $410 million in net income.
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There are better opportunities with high returns
The current high interest rate environment has created an incredible opportunity for income-seeking investors to earn huge returns, but not through dividend stocks… Certain real estate investments in the private market offer retail investors the opportunity to take advantage of these high-yield opportunities, and Benzinga has identified some of the most compelling options for you to consider.
For example, Base Camp Alpine Notes offers a target APY of 9% with a term of just three months, making it a powerful short-term cash management tool with incredible flexibility. EquityMultiple has issued 61 Alpine Notes Series and has met all payment and funding obligations with no missed or late interest payments. With a low minimum investment of just $1,000, With Basecamp Alpine Notes it’s easier than ever to build a high-return portfolio.
Don’t miss this opportunity to profit from high yield investing while rates are high. Check out Benzinga’s favorite high yield offerings.
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This article Looking for Dividend Ideas? Here Is A Diversified Mix originally appeared on Benzinga.com
