I love to kick off the new trading week by taking a quick peek at companies that have just hiked their dividends. It's not just about the money. A company loosening its purse strings probably has improving fundamentals to back up its generosity.
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 over the past week.
Let's start with Paychex
Let's wrap things up with Fastenal
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 we're recommending these days? Give the newsletter service a shot with a 30-day trial. 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 in this story. He is 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.