Long History Of Dividend Growth & High Yields: Portland General Electric, Robert Half, And Hershey

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Long History Of Dividend Growth & High Yields: Portland General Electric, Robert Half, And Hershey
Long History Of Dividend Growth & High Yields: Portland General Electric, Robert Half, And Hershey

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Companies with a long history of paying dividends and consistently growing them year over year are always attractive to income-focused investors. Portland General Electric, Robert Half, and Hershey have consistently rewarded their shareholders over the past several decades and recently announced dividend hikes. They offer solid dividend yields of around 3-4% alongside their impressive track records.

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Portland General Electric

Portland General Electric (NYSE:POR) is a regulated electric utility in Oregon that provides electricity generation, wholesale purchase, transmission, distribution, and retail sales. It operates six thermal plants, three wind farms, and seven hydroelectric facilities.

Portland General Electric has consistently raised its dividends every year since 2007. The most recent dividend hike was announced in April, when the company increased its quarterly dividend from $0.47 to $0.50 per share, equating to $2 annually. The current yield on the dividend stands at 4.64%.

The company's annual revenue (as of March 31) is $3.10 billion. Its upcoming quarterly earnings report is scheduled for July 26. Wall Street analysts estimate a quarterly EPS of $0.56 and revenue of $711 million.

Robert Half

Robert Half Inc (NYSE:RHI) provides temporary, permanent, and outcome-based staffing for both in-person and remote positions in the finance and accounting, technology, legal, marketing, and administrative fields. It provides services in North America, South America, Europe, Asia, and Australia.

Robert Half has consistently raised its dividends every year since 2004. The most recent dividend hike was announced in February, when the company increased its quarterly dividend from $0.48 to $0.53 per share, equating to $2.12 annually. The current yield on the dividend stands at 3.46%.

The company's annual revenue (as of March 21) is $6.20 billion. Its upcoming quarterly earnings report is scheduled for July 23. Wall Street analysts estimate a quarterly EPS of $0.70 and revenue of $1.50 billion.

Robert Half stock is down around 29% YTD.

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Hershey

Hershey (NYSE:HSY) is a leading confectionery manufacturer in the United States and internationally. It offers chocolate and non-chocolate confectionery products, gum and mint refreshment products, protein bars, pantry items, and snack items. The company primarily markets its products under the brands Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, Kit Kat, Payday, Rolo, Twizzlers, and Whoppers.

Hershey has consistently raised its dividends every year since 2009. The most recent dividend hike was announced in February, when the company raised its quarterly dividend from $1.19 to $1.37 per share, equating to $5.48 annually. The current yield on the dividend stands at 2.95%.

The company's annual revenue (as of March 31) is $11.40 billion. Its upcoming quarterly earnings report is scheduled for August 1. Wall Street analysts estimate a quarterly EPS of $1.44 and revenue of $2.30 billion.

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