Dividend checks continue to get fatter in corporate America, as more companies jack up their distribution rates.
Readers of the Income Investor newsletter can certainly appreciate that kind of thinking. Let's take a closer look at some of the companies that inched their payouts higher this past week.
Let's start with Paychex
The provider of payroll, human resource, and benefits outsourcing solutions is juicing up its quarterly distributions by 3% to $0.32 a share. This is the first time that Paychex has jacked up its rate in more than three years. As the stock is a decent bellwether for corporate America, this has to be a good sign.
Enterprise Products Partners
A. Schulman
Finally we have Ameren
These companies join limited partnerships Calumet Specialty Products
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.
Want to see what is being recommended these days? Go ahead and give the newsletter service a shot with a 30-day trial subscription. Who knows? Maybe the next thing that will get hiked will be your interest.
If you want to track these stocks to see if and when they hike their payouts, consider adding them to MyWatchlist.
- Add Western Gas Partners to My Watchlist.
- Add A. Schulman to My Watchlist.
- Add Paychex to My Watchlist.
- Add Genesis Energy to My Watchlist.
- Add Enterprise Products Partners to My Watchlist.
- Add Calumet Specialty Products Partners to My Watchlist.
- Add Ameren to My Watchlist.