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 General Electric
Bringing good yields to life, the major conglomerate juiced up its quarterly dividend by 13% to $0.17 a share. GE has gone on to increase its disbursements four times over the past two years since stunning investors with a dramatic rate cut in February 2009.
A week after posting better-than-expected quarterly results, Hillenbrand's
Finally we have medical products giant Stryker
These companies join health and nutrition specialist Balchem
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.
If you want to track these stocks to see if and when they hike their payouts again, consider adding them to MyWatchlist.