Looking For Yields: Allete, WEC Energy, And Chevron Are Consistent Moneymakers
Yahoo Finance·2025-10-01 14:01

Core Insights - Companies with a strong history of dividend payments and increases are attractive to income-focused investors, with Allete, WEC Energy, and Chevron being notable examples offering yields up to approximately 4% [1] Allete - Allete operates in two segments: Regulated Operations and Allete Clean Energy, generating electricity from various sources including coal, biomass, hydro, wind, and solar [2] - The company has raised its dividends for 14 consecutive years, with a recent increase of 3.5% to $0.73 per share, translating to an annual figure of $2.92 per share [3] - Allete's annual revenue as of June 30 was $1.53 billion, and it reported Q2 2025 revenues of $360.30 million, exceeding the consensus estimate of $354.50 million, while EPS was $0.61, below the consensus of $0.85 [4] WEC Energy - WEC Energy Group provides regulated natural gas, electricity, and renewable energy services in the U.S. [4] - The company has increased its dividends for 22 consecutive years, with a recent hike of 6.90% to $0.8925 per share, equating to an annual figure of $3.57 per share [5] - WEC Energy's annual revenue as of June 30 was $9.31 billion, and it reported Q2 2025 revenues of $2.01 billion, with EPS of $0.76, both surpassing consensus estimates [6] Chevron - Chevron is an integrated energy company involved in the production of crude oil, natural gas, and other essential products both domestically and internationally [7]