I love to kick off the new trading week by taking a peek at companies that have just raised their dividends. A company that's easing up on its pocketbook probably has improving fundamentals to back up that generosity.
Readers of the Income Investor newsletter service can appreciate that kind of thinking. So let's look at four of the companies that inched their payouts higher over the past week.
Let's start with CBRL Group
CBRL's payout boost comes as it initiated upbeat guidance for the year ahead. CBRL expects sales at the individual store level to be positive this year, an impressive feat in a moribund casual-dining industry.
If you think a five-year streak is pretty good, belly up to Brady
Subscribers to Income Investor can appreciate the companies that send more and more money to their investors. The service singles out companies that are committed to growing their distributions with market-thumping results.
Want to see what's being recommended these days? Give the newsletter service a shot with a 30-day trial subscription. Who knows? Maybe the next thing to get an increase will be your interest.
Longtime Fool contributor Rick Munarriz pays attention to yield signs. He owns no shares in any of the companies in this story, save for CBRL Group. 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.