How Philip Morris, Rexford Industrial Realty, And Agree Realty Can Put Cash In Your Pocket

• StockStory Top Pick PM -0.84%
• ADC -0.77% REXR -0.36%

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Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Philip Morris, Rexford Industrial Realty, and Agree Realty have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 4%.

Philip Morris

Philip Morris International Inc. (NYSE:PM) is a multinational tobacco company that offers cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products under the IQOS and ZYN brands.

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Philip Morris has raised its dividends every year for the last 17 years. In its most recent dividend hike announcement on Sept. 19, it increased the quarterly payout from $1.35 to $1.47 per share, equaling an annual figure of $5.88 per share. Currently, the dividend yield on the stock is 3.77%.

The company's annual revenue as of Sept. 30 stood at $39.99 billion. The company on Oct. 21 posted Q3 2025 revenues of $10.85 billion and EPS of $2.24, both beating the consensus estimates.

Rexford Industrial Realty

Rexford Industrial Realty Inc. (NYSE:REXR) is a real estate investment trust that acquires, operates, and redevelops industrial properties in infill Southern California.

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Rexford Industrial Realty has increased its dividends consecutively for the last 12 years. In its most recent dividend hike announcement on Feb. 5, the board raised the quarterly payout by 3% to $0.43 per share, equal to an annual figure of $1.72 per share. More recently, in its dividend announcement on Oct. 13, the company maintained the payout at the same level. The current dividend yield on the stock is 4.21%.

The company's annual revenue as of Sept. 30 stood at $997.93 million. The company on Oct. 15 posted Q3 2025 revenues of $246.76 million, missing the consensus estimate of $249.71 million, while EPS of $0.60 came in above the consensus of $0.42.

Agree Realty

Agree Realty Corp. (NYSE:ADC) is a real estate investment trust that acquires and develops properties net leased to industry-leading, omnichannel retail tenants.

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Agree Realty has raised its dividends every year for the last 12 years. In its most recent dividend announcement on Nov. 11, the board increased the monthly payout by 3.6% to $0.262 per share, equaling an annual figure of $3.14 per share. The current dividend yield on the stock stands at 4.25%.

Agree Realty’s annual revenue as of Sept. 30 stood at $688.64 million. The company on Oct. 21 posted Q3 2025 revenues of $183.19 million and AFFO of $1.10, both coming in above the consensus estimates.

Philip Morris, Rexford Industrial Realty, and Agree Realty are good choices for investors seeking reliable passive income. Their dividend yields of around 3% to 4% and long history of consistent hikes make them attractive to income-focused investors.

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This article How Philip Morris, Rexford Industrial Realty, And Agree Realty Can Put Cash In Your Pocket originally appeared on Benzinga.com