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 Income Investor can appreciate that kind of thinking. So let's take a closer look at four of the companies that inched their payouts higher over the past few days.
Let's start with Monro Muffler Brake
Next, we have Lowe's
Finally, let's look at Universal Health Realty Income Trust
Some of these moves may not seem like much, but consider the less savory moves that took place in recent days:
- Monroe Bancorp, clearly not to be confused with Monro Muffler Brake, became the latest bank to slash its dividend to a token $0.01 per share.
- Steelmaker Steel Dynamics
(NASDAQ:STLD)is cutting its quarterly dividend by 25%.
Subscribers to Income Investor can appreciate the 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 raised 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 and 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.