A dividend is more than just a payout. If a company is actually ratcheting up its distributions, it's a good sign that a company is improving fundamentally. Why else would it be willing to part with more of its desirable greenery? Readers of the Motley Fool 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 Paychex
Another company putting the pedal to the metal was Speedway Motorsports
Then we have Teekay Shipping
Fools can appreciate the companies sending more and more money to their investors. The Income Investor newsletter singles out companies that are committed to growing their distributions with market-thumping results.
Want to see what other companies are growing their dividends? Go ahead and give the 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 in this story. He's also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.