A dividend check is more than just a piece of paper that can be exchanged for cash at the bank. It can also be a snapshot of financial health when a company is confident enough to boost its distribution level. 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 CBS
Investors were sold on the notion that Viacom would be the faster growing entity, while the CBS appendage would produce slower growth spurts but produce a higher yield. They shouldn't be disappointed on that front. Last week's move is actually the third time that the company has jacked up its dividend since January's emancipation.
Supermarket chain Supervalu
Then we have Bob Evans Farms
Subscribers to the 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. He is also part of theRule Breakersnewsletter research team, seeking out tomorrow's ultimate growth stocks a day early.The Fool has a disclosure policy.