Dividend checks continue to get fatter in Corporate America, as more companies jack up their distribution rates.
Let's take a closer look at some of the companies that inched their payouts higher this past week.
Let's start with Sysco
Sysco's new quarterly dividend of $0.26 a share may not be much of an improvement over its earlier $0.25 a share rate, but the food giant has now come through with 42 consecutive years of higher disbursements.
Sure, the fact that Intel CEO Paul Otellini announced that his company "remains on track to have our best year ever" was the bigger catalyst of Intel's rise on Friday, but juicing up its yield is one way for investors to know that the tech bellwether means it.
Automatic Data Processing
Finally we have MDU Resources
It's encouraging to see companies improving their yields at a time when fixed-income investments are on the floor. These companies join medical maven Baxter International
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.
Do higher dividends matter to you? Share your thoughts in the comment box below.
Intel and Sysco are Motley Fool Inside Value recommendations. Automatic Data Processing and Sysco are Motley Fool Income Investor selections. The Fool owns shares of and has bought calls on Intel. Motley Fool Options has recommended buying calls on Intel. The Fool owns shares of Sysco. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
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.
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