The article highlights three companies, Pfizer (PFE), Spire (SR), and TriCo Bancshares (TCBK), that have a long history of paying dividends and consistently increasing them, making them attractive to income-focused investors. Pfizer, for instance, has raised its dividend every year for the past 15 years, with a current yield of around 6.60%. Spire has increased its dividend consecutively for the last 22 years, with a current yield of 4.12%, while TriCo Bancshares has done so for the past 12 years, with a current yield of 3.22%.
The companies’ financial performance is also noted, with Pfizer’s quarterly revenue beating estimates in its most recent earnings report. Spire’s Q1 2025 earnings fell short of estimates, but TriCo Bancshares’ latest earnings report beat expectations. The article concludes that these companies are good choices for investors seeking reliable passive income, with their dividend yields and long history of consistent hikes making them attractive options.