Not every company is slashing its dividend these days. Some of the market's better performers are easing up on their purse strings, sending more money out to their shareholders.
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 last week.
Let's start with FactSet Research Systems
There are also headier payouts on tap at Molson Coors
Finally, we have Assurant
Some of these moves may not seem like much, but consider the less savory moves that took place last week:
Acadia Realty Trust
(NYSE:AKR)and Apartment Investment & Management (NYSE:AIV)shaved their payouts, proving that real estate isn't out of the woods just yet.
- Office furniture giant Herman Miller
(NYSE:MLHR)is slashing its yield by 75%. I guess the inventor of the cubicle and the high-end Aeron chair is boxed into a difficult situation with companies scaling back.
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 that will 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 owns shares of FactSet Research Systems. Try any of our Foolish newsletters today, free for 30 days. The Fool has a disclosure policy.