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 that is easing up on its pocketbook probably has improving fundamentals to back up that 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 CBS
Making sure that its signature "can you hear me now" wireless catchphrase is heard loud and clear, Verizon
Sovran Self Storage
Sovran's in a good place. With the subprime meltdown forcing many people to foreclose on their homes, self-storage will be a popular solution as they move to smaller digs.
Finally, we have BHP Billiton
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 to get hiked will be your interest.