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 Sysco
The food-service leader is serving up a heartier dividend, boosting its quarterly distributions by 4% to $0.27 a share. Shareholders should be used to this by now. Sysco has bumped up its yield 43 times since going public 41 years ago.
Johnson Controls
Nike
Finally, we have MDU Resources Group
These companies join oil and gas drilling gear maker National Oilwell Varco
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 again, consider adding them to My Watchlist.
- Add Sysco to My Watchlist.
- Add National Oilwell Varco to My Watchlist.
- Add Nike to My Watchlist.
- Add Montpelier Re Holdings to My Watchlist.
- Add MDU Resources Group to My Watchlist.
- Add Johnson Controls to My Watchlist.
- Add The Home Depot to My Watchlist.