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Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Virtus Investment, Fifth Third Bancorp, and VICI Properties have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of up to nearly 6%.
Virtus Investment Partners Inc. (NYSE:VRTS) is an asset management company that provides investment products and services to individual and institutional clients.
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Virtus has raised its dividends every year for the last eight years. In its most recent dividend hike announcement on Aug. 14, it increased the quarterly payout by 7% to $2.40 per share, equaling an annual figure of $9.60 per share. Currently, the dividend yield…
