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 Motley Fool Income Investor newsletter can certainly appreciate that kind of thinking. Let's take a closer look at some of the companies that inched their payouts higher this past week.
We'll start with 3M
American Science & Engineering
Brookfield Infrastructure Partners
Finally, we have United Technologies
"This dividend increase demonstrates our confidence in UTC's financial strength and in our ability to continue to deliver outstanding performance in 2010 and beyond," CEO Louis Chenevert claims. It's hard to disagree.
Some of these moves may not seem like much, but plenty of companies haven't been able to support even their current dividends lately. Parkway Properties
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 we're recommending these days? Go ahead and give the newsletter service a shot with a 30-day trial subscription. Who knows? Maybe the next thing to get hiked will be your interest.
Brookfield Infrastructure Partners and 3M are Motley Fool Inside Value picks. American Science & Engineering is a Motley Fool Rule Breakers selection. The Fool owns shares of Brookfield Infrastructure Partners, which is a Motley Fool Global Gains recommendation and a Motley Fool Hidden Gems pick. Try any of our Foolish newsletters today, free for 30 days.
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 has a disclosure policy.