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 UPS
With its U-P-S name -- and ticker symbol -- no one should be surprised when the parcel delivery giant "ups" its dividend. UPS is boosting its quarterly disbursements by nearly 10% to $0.57 a share. UPS has more than doubled its rate since 2004, and more than tripled its rate since 1999.
Harley-Davidson
3M
Finally, we have Western Union
Checks and balances
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 My Watchlist.
- Add Western Union to My Watchlist.
- Add United Parcel Service to My Watchlist.
- Add 3M to My Watchlist.
- Add Harley-Davidson to My Watchlist.