With interest rates rising and inflation fears bubbling, income investors have some good reasons to focus on stocks that are hiking their dividends. It's a move that keeps the yield competitive, and it's also usually a sign of fair corporate health. After all, not every company has the ability to raise its distributions.
Let's take a closer look at three of the companies that inched their payouts higher this past week.
Illinois Tool Works
Subscribers to our Income Investor newsletter can appreciate companies that are sending more and more money to their investors. Analyst Mathew Emmert has singled out some in particular, like Pitney Bowes
Want to see what Mathew's liking these days? Go ahead and give his newsletter service a shot with a 30-day free trial. Who knows? Maybe the next thing that will get hiked will be your interest.
Longtime Fool contributor Rick Munarriz pays attention to yield signs. He does not own shares in any of the companies mentioned in this story. He is part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy .