Like way too many investors, you may be the type that disregards the impact of higher dividends on your portfolio. After all, you could simply pocket the change instead of reinvesting the proceeds. However, the very act of raising a payout is also indicative of the health and outlook of that particular company. If a company is being a little more generous with the money going out, it may be a little more optimistic about the money going in. 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 Intel
Another company sweetening the pot for its investors is Rocky Mountain Chocolate Factory
However, Home Depot is certainly good for the money. If this is just one more step toward transforming itself from a 1990s growth stock darling into a high-yielding, value-investing bulwark, then that is also a building project worth investigating.
Then we have BorgWarner
Subscribers to the Income Investor newsletter can appreciate the companies sending more and more money to their investors. The newsletter singles out companies that are committed to growing their distributions with market-thumping results.
Want to see what is being recommended these days? 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 is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. Intel and Home Depot are both Inside Value selections. The Fool has adisclosure policy.