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 Coca-Cola
Abbott's move bumps its yield to 3.2%. That pales when compared to 6% at GlaxoSmithKline
Finally, Rogers Communications
Some of these moves may not seem like much, but there are plenty of companies that haven't been able to support even their current dividends lately. Home 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 recommend these days? 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.
Coca-Cola is a Motley Fool Inside Value selection. Genuine Parts, Coca-Cola, and Rogers Communications are Motley Fool Income Investor picks. The Fool owns shares of GlaxoSmithKline. 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.