Maybe you're sick of eating leftovers by now. The turkey. The cranberry relish. The dividends. Yes, the dividends. For way too many investors, quarterly disbursements feel like corporate leftovers. However, that couldn't be further from the truth. They are a statement of financial fortitude. And when a company hikes its dividend rate, it's a sign that that company feels confident about its profit-generating potential in the future.
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 Hormel
Another company giving its investors a little more to chew on is J&J Snack Foods
Then we have Lancaster Colony
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 theRule Breakersnewsletter research team, seeking out tomorrow's ultimate growth stocks a day early.The Fool has a disclosure policy.