Not every company is slashing its dividend these days. Some of the market's better performers are easing up on their purse strings and sending more money out to their shareholders.
Readers of the Income Investor newsletter service can appreciate that kind of thinking. Let's take a closer look at four of the companies that inched their payouts higher last week.
Let's start with IBM
Finally, we have ExxonMobil
Some of these moves may not seem like much, but consider the less savory moves that took place last week:
(NYSE:X)and workbench regular Black & Decker (NYSE:BDK)dramatically lowered the value of their upcoming dividend checks.
- Photography pioneer Eastman Kodak
(NYSE:EK)suspended its distributions entirely.
Subscribers to Income Investor are familiar with companies that send more and more money to their investors. The newsletter 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 service a shot with a 30-day trial subscription. Who knows? Maybe the next thing to get a boost 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. 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.