Companies with a long history of stock and long -distance profits are still attractive to investors who focus on income. Hormel Foods, ALLETE and Alliant have been rewarded for years and recently announced the increase in profit distributions. These companies currently offer profit revenues of about 3-4 %.
Hermel foods
Hormel Foods Corporation (NYSE:HRL) Developing, processing and distributing many meat, nuts and other food products to food services, commercial store and commercial customers in the United States and internationally.
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Hormel Foods has raised its profits every year over the past 59 years. In its latest declaration in profit distributions on November 25, the company’s board of directors increased the semester payment by 3 % to $ 0.29 per share, equivalent to an annual number of $ 1.16 per share. Currently, the profit returns are 4.03 %.
The annual Hormel Foods revenues from January 31, $ 11.91 billion. In the issuance of Q1 2025 profits on February 27, the company recorded revenues amounting to $ 2.99 billion, overcoming the estimation of the consensus of $ 2.93 billion, while the stock profitability came from $ 0.35 to less than $ 0.38.
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alley
Allete (nyse:butIt operates as an energy company in two parts, organized operations and clean energy. It generates electricity from natural gas/natural gas that works in coal, natural gas, water energy, wind and solar energy.
The company has increased its profits in a row over the past 14 years. According to his recent announcement of profit distributions on January 30, the Board of Directors raised the quarterly payments by 3.5 % to $ 0.73, equivalent to an annual number of $ 2.92 per share. Currently, profit return on the arrow is 4.46 %.
Allete’s annual revenue from December 31 was $ 1.53 billion. In the latest release of profits on February 13, the company recorded the Q4 2024 revenues of 364.80 million dollars and the stock tie $ 0.87. Both numbers came in the expectations below.
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Alliant Energy
Alliant Energy Corporation (nasdaq:LNTIt operates as a holding company for facilities that provide organized electrical and natural services in the United States
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