I love to kick off the new trading week by taking a quick peek at companies that have just increased 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 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 over the past week.
Let's start with Granite Construction
Finally we have Penske
Despite nervous lenders and iffy consumers who may shy away from big-ticket items, showroom operators like AutoNation
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? Take a 30-day trial subscription. Who knows? Maybe the next thing that will get increased will be your interest.
CarMax is an Inside Value stock pick.
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 part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.
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