Not every company is slashing its dividend these days. Some of the market's better performers are easing up on their purse strings and sending more money out to their shareholders.
Readers of the Income Investor newsletter service can appreciate that kind of thinking. So let's take a closer look at four of the companies that inched their payouts higher over the past few days.
Let's start with Del Monte Foods
Medtronic
Then we have Casey's General Stores
Finally, we have John Wiley & Sons
Some of these moves may not seem like much, but consider the less savory moves that took place in recent days:
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First Defiance Financial
(NASDAQ:FDEF) and S&T Bancorp(NASDAQ:STBA) are the latest banking specialists to slash their yields. The two companies roughly halved their dividends. - Biotech-leaning REIT BioMed Realty's
(NYSE:BMR) new quarterly rate of $0.11 a share is just a third of its earlier disbursements.
Subscribers to Income Investor can appreciate the companies sending more and more money to their investors. The newsletter service singles out companies that are committed to growing their distributions with market-thumping results.
Want to see what's being recommended these days? Give the service a shot with a 30-day trial subscription. Who knows? Maybe the next thing to get a boost will be your interest.