Looking For Yields: Merck, Altria, And Genuine Parts Are Consistent Moneymakers

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Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Merck, Altria, and Genuine Parts have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of up to 7%.

Merck

Merck & Co. (NYSE:MRK) is a global biopharmaceutical company that discovers, develops, manufactures, and markets a wide range of health solutions.

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Merck has raised its dividends every year for the last 14 years. In its most recent dividend hike announcement on Nov. 19, the board increased the quarterly payout from $0.77 to $0.81 per share, equal to an annual figure of $3.24 per share. More recently, in its dividend announcement on July 22, the company maintained the payout at the same level. The current dividend yield on the stock is 3.49%.

Merck's annual revenue as of Sept. 30 stood at $64.23 billion. The company on Oct. 30 posted Q3 2025 revenues of $17.28 billion and EPS of $2.58, both beating the consensus estimates.

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Altria

Altria Group Inc. (NYSE:MO) manufactures and sells smokeable and oral tobacco products in the U.S.

Altria Group has increased its dividends consecutively for the last 56 years. In its most recent dividend hike announcement on Aug. 21, it raised the quarterly payout from $1.02 to $1.06 per share, equaling an annual figure of $4.24 per share. Currently, the dividend yield on the stock is 7.29%.

Altria Group’s annual revenue as of Sept. 30 stood at $20.17 billion. The company on Oct. 30 posted Q3 2025 revenues of $6.07 billion and EPS of $1.45, both beating the consensus estimates.

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Genuine Parts

Genuine Parts Co. (NYSE:GPC) is a global service provider of automotive and industrial replacement parts.

Genuine Parts has raised its dividends every year for the last 69 years. In its most recent dividend hike announcement on Feb. 18, the board increased the quarterly payout by 3% to $1.03 per share, equal to an annual figure of $4.12 per share. More recently, in its dividend announcement on Aug. 12, the company maintained the payout at the same level. Currently, the dividend yield on the stock stands at 3.24%.

Genuine Parts’ annual revenue as of Sept. 30 stood at $24.06 billion. The company on Oct. 21 posted Q3 2025 revenues of $6.26 billion, above the consensus estimate of $6.13 billion, while EPS of $1.98 missed the consensus of $2.

Merck, Altria, and Genuine Parts are good choices for investors seeking reliable passive income. Their dividend yields of up to 7% and long history of consistent hikes make them attractive to income-focused investors.

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This article Looking For Yields: Merck, Altria, And Genuine Parts Are Consistent Moneymakers originally appeared on Benzinga.com

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