Dividend checks continue to get fatter in Corporate America, as more companies jack up their distribution rates.
Let's take a closer look at some of the companies that inched their payouts higher this past week.
Let's start with Sysco
Sysco's new quarterly dividend of $0.26 a share may not be much of an improvement over its earlier $0.25 a share rate, but the food giant has now come through with 42 consecutive years of higher disbursements.
Intel
Sure, the fact that Intel CEO Paul Otellini announced that his company "remains on track to have our best year ever" was the bigger catalyst of Intel's rise on Friday, but juicing up its yield is one way for investors to know that the tech bellwether means it.
Automatic Data Processing
Finally we have MDU Resources
It's encouraging to see companies improving their yields at a time when fixed-income investments are on the floor. These companies join medical maven Baxter International
Subscribers to the Income Investor newsletter can appreciate the companies sending more and more money to their investors. The newsletter singles out companies that are committed to growing their distributions with market-thumping results.
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