Consumer discretionary stocks are a popular choice for investors looking for reliable income. Companies like Restaurant Brands International, LCI Industries, and Genuine Parts have a strong track record of consistent dividend payments and increases, with dividend yields ranging from 3-4%.
Restaurant Brands International is a major player in the restaurant industry, operating thousands of restaurants worldwide under various brands. The company has been increasing its dividends every year since 2015, with the most recent hike in February bringing the annual dividend to $2.32 per share. The current yield is at 3.41%, and the company’s annual revenue is $7.20 billion.
LCI Industries supplies components for recreational vehicles and other industries, consistently increasing its dividends since 2016. The company pays a dividend of $4.20 annually, with a current yield of 4.30%. Its annual revenue is $3.80 billion, and recent earnings have exceeded expectations.
Genuine Parts sells automotive and industrial parts globally, with a network of retail locations and a leading distribution business. The company has raised its dividends for 68 consecutive years, with the most recent increase in February bringing the annual dividend to $4. The current yield is at 3.05%, and the company’s annual revenue is $23.10 billion.
While these stocks have seen some declines in value this year, they continue to offer solid dividend yields for income-seeking investors. If you’re looking for higher-yield opportunities, consider exploring private market real estate investments for additional income potential.