4 Dividend Stocks Showing You the Money

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 Macy's (NYSE: M  ) .

Encouraged in part by a healthy 6.2% spike in store-level comps for the month of March, the department-store chain doubled its quarterly dividend to $0.20 a share.

"We have great confidence in the future," the retailer notes in its press release. Returning twice as much money to its shareholders as it was previously doing certainly drives that point home.

Watsco (NYSE: WSO  ) is also doing the cool thing by heating up its disbursements. The air-conditioning giant is raising its quarterly payout 9% to $0.62 a share. Watsco has now come through with 11 consecutive years of chunkier rates.

Bank of the Ozarks (Nasdaq: OZRK  ) is giving its investors more pocket change to deposit. The Little Rock-based banker's new quarterly distributions of $0.11 a share represent a 10% boost. If that doesn't seem like much, keep in mind that Bank of the Ozarks has now juiced up its yield in each of the six past quarters.

Yes, quarters.

Finally, we have LTC Properties (NYSE: LTC  ) jacking up its already healthy rate. The REIT that invests in long-term care and other health-related facilities is inching its monthly -- yes, monthly -- dividend 4% higher. Investors will now be receiving $0.145 a share every month.

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 MyWatchlist.

Motley Fool newsletter services have recommended buying shares of Watsco. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Longtime Fool contributor Rick Munarriz calls them as he sees them. He does not own shares in any of the stocks in this story. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.


Read/Post Comments (0) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1754523, ~/Articles/ArticleHandler.aspx, 10/22/2014 5:47:03 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement