Dividend checks continue to get fatter in corporate America, as more companies jack up their distribution rates.
Readers of the 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.
Let's start with Nucor
General Electric
GE slashed its dividend by more than two-thirds last year, a month after hinting that it would like to maintain its once lofty disbursements. We're still a far cry from the $0.31 a share that shareholders were getting every three months until early last year, but GE is amending in earnest installments.
Stryker
Finally, we have Western Union
It's encouraging to see companies improving their yields at a time when fixed income investments are on the floor. These companies join investment firm W.P. Carey
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.
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