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 Staples
Meatier yields? Yeah, we got that. The world's largest office products retailer boosted its quarterly rate 10% to $0.11 a share. It's not as simple as tapping its signature "easy" button, but it gets the job done.
Medallion Financial
General Dynamics
Finally, we have Qualcomm
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 My Watchlist.
- Add Medallion Financial to My Watchlist.
- Add Staples to My Watchlist.
- Add Qualcomm to My Watchlist.
- Add General Dynamics to My Watchlist.