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 T. Rowe Price
The mutual fund giant has been attracting welcome attention from growth investors for its timely investments in Facebook and Netflix
However, T. Rowe Price itself hasn't forgotten about its more conservative income investors. The stock's new quarterly dividend of $0.34 a share is a 10% improvement over its earlier rate. Shareholders should be used to this by now. T. Rowe Price has now declared higher disbursements for 27 years in a row.
Finally we have Gentex
Checks and balances
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.