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 Washington Federal
The regional banker with $13.4 billion in assets is making its quarterly dividend more interesting, hiking it 33% to $0.08 a share. Washington Federal juiced up its yield despite announcing the acquisition of a failed Phoenix-based bank just a few days earlier.
Yes, Virginia. There is a payout hike.
Finally we have Village Super Markets
These companies join smartphone semiconductor specialist Spreadtrum Communications
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.