It's not just about the money. When a company hikes its dividend, it isn't just about the extra jingle in your pocket. Sure, that helps, but a bigger payout is also a sign that a company is confident enough about its earnings potential in the future to cut loose with more of its greenery.
Lets take a closer look at four companies that inched their payouts higher this past week.
We'll start with Books-A-Million
78% more denim? No. 78% more khaki? I don't think so. 78% more money? Sure. Mall giant Gap
Pepsi Bottling Group
Then we have J.C. Penney
Subscribers to our Income Investor newsletter can appreciate the companies sending more and more money to their investors. Analyst Mathew Emmert has often singled out companies that are committed to growing their distributions, with market-thumping results.
Want to see what Mathew's liking these days? Go ahead and give his newsletter service a shot with a 30-day trial subscription. 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.The Fool has a disclosure policy. Rick is also part of theRule Breakersnewsletter research team, seeking out tomorrow's ultimate growth stocks a day early.