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.
We can start with Intel
The PC chip behemoth increased its quarterly dividend 7% to $0.225 a share. The new rate pushes Intel's yield to nearly 3.5%, and that's a pretty impressive level given the returns on fixed income and the historically stingy disbursements out of tech bellwethers.
Investors may be somewhat concerned that Intel is bumping its disbursements higher in a year when analysts are targeting flat bottom-line growth, but Intel is making more than enough to cover the payouts.
Vanguard Natural Resources
Finally we have TAL International
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. A 30-day trial subscription will let you see if it's right for you.
The Dow is another place where yield chasers come for meaty payouts, but you don't want to buy all 30 stocks that make up the index. A new report singles out the 3 Dow companies that dividend investors need to own. It's a free report, so check it out now.