Top Picks for Passive Income: ManpowerGroup, Regions Financial, and Nexstar Media

ManpowerGroup, Regions Financial, and Nexstar Media are among the top choices for investors looking to generate reliable passive income through dividends. These companies have a long-standing history of consistently increasing dividends, making them attractive options for income-focused investors.

ManpowerGroup, a global provider of workforce solutions and services, has been increasing its dividend annually since 2011. Currently, the company’s semiannual dividend payout stands at $1.54 per share, totaling $3.08 per share annually, with a current yield of 5.24%. Despite missing the consensus revenue estimate in its most recent earnings report, ManpowerGroup remains a strong contender for investors seeking steady income generation.

Regions Financial Corporation, a banking institution offering various financial products and services, has increased its dividends for 12 consecutive years. In its latest dividend hike announcement in July 2024, the company raised its quarterly dividend from $0.24 to $0.25 per share, translating to an annual payout of $1 per share. With a dividend yield of 4.54%, Regions Financial continues to be a reliable option for income-seeking investors.

Nexstar Media Group, a diversified media company producing and distributing news, sports, and entertainment content, has also maintained a track record of dividend increases for the past 12 years. In its most recent dividend announcement in January 2025, the company raised its quarterly dividend by 10% to $1.86 per share, leading to an annual payout of $7.44 per share and a dividend yield of 4.09%. While Nexstar Media slightly exceeded revenue estimates in its Q4 2024 earnings release, the company remains a solid choice for investors looking for consistent passive income.

Overall, these three companies offer dividend yields of approximately 4-5% and a proven track record of annual dividend hikes. For investors seeking reliable passive income streams, ManpowerGroup, Regions Financial, and Nexstar Media present appealing options. By investing in companies with a strong commitment to rewarding shareholders through dividend increases, investors can build a portfolio that generates consistent income over time.