Why Agree Realty, Open Text, And Comcast Are Winners For Passive Income

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Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Agree Realty, Open Text, and Comcast have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 4%.

Agree Realty Corp. (NYSE:ADC) is a real estate investment trust that acquires and develops properties net leased to industry-leading, omnichannel retail tenants.

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Agree Realty has increased its dividends every year for the last 12 years. In its most recent dividend hike announcement on April 10, it raised the monthly payout from $0.253 to $0.256 per share, equaling an annual figure of $3.072 per share. More recently, in its dividend announcement on Aug. 12, the company maintained the payout at the same level. The current dividend yield on the stock is 4.27%.

Agree Realty’s annual revenue as of June 30 stood at $659.75 million. The company on July 31 posted Q2 2025 revenues of $175.53 million and AFFO of $1.06, both coming in above the consensus estimates.

Check out this article by Benzinga for five analysts’ insights on Agree Realty.

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Open Text Corp. (NASDAQ:OTEX) is an information management software company that helps companies organize, store, and protect their data.

Open Text has raised its dividend consecutively for the last 12 years. In its most recent dividend hike announcement on Aug. 7, the company increased the quarterly payout by 5% to $0.2725 per share, equal to an annual figure of $1.10 per share. The current dividend yield on the stock is 3.29%.

The company’s annual revenue as of June 30 stood at $5.17 billion. The company on Aug. 7 posted Q4 2025 revenues of $1.31 billion and EPS of $0.97, both beating the consensus estimates.

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Comcast Corp. (NASDAQ:CMCSA) is a global media and technology company.

Comcast has increased its dividends every year for the last 17 years. In its most recent dividend hike announcement on Jan. 30, it raised the quarterly payout by 6.5% to $0.33 per share, which is equal to an annual figure of $1.32 per share. More recently, in its dividend announcement on July 31, the company maintained the payout at the same level. Currently, the dividend yield on the stock stands at 3.89%.