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. So let's take a closer look at some of the companies that inched their payouts higher this past week.
We can start with Altria
"It is our intent to increase our dividend every year," the retailer's CEO said in announcing the move. Home Depot hadn't initiated a hike since 2006, so this is an encouraging sign that the hardware superstore has finally turned the corner.
Finally, we have Gap
It was a good week for yield chasers, as these four companies were joined by several others, including Tim Hortons
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Home Depot and ITT are Motley Fool Inside Value selections. Tim Hortons is a Motley Fool Global Gains pick. Kimberly Clark is a Motley Fool Income Investor recommendation. Try any of our Foolish newsletter services free for 30 days.
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.