There's pocket change, and then there's a dividend payout. Granted, the amount may not seem like much, but the act of returning a piece of the profit pie to shareowners is an important decision for a company. It's even more impressive when a company is so encouraged about its future earnings power that it's willing to hike that rate. Readers of the Income Investor newsletter can certainly appreciate that kind of thinking.
Let's take a closer look at four of the companies that inched their payouts higher this past week.
We can start with Cohen & Steers
Yes, ServiceMaster is also the company behind pest-control giant Terminix. I could have very well claimed that the company was exterminating its old dividend, but I didn't want to "bug" you with that.
Then we have Ritchie Bros. Auctioneers
Subscribers to our Income Investor newsletter can appreciate companies that send 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 to 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.
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