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 Waste Management
The leading trash hauler had announced its intention to boost its dividend three weeks ago, but made it official on Tuesday with its first quarterly payout declaration of $0.355 a share. Waste Management's previous rate was $0.34 a share.
Wal-Mart
Cypress Semiconductor
Finally we have Deere
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 MyWatchlist.
- Add Wal-Mart Stores to My Watchlist.
- Add Waste Management to My Watchlist.
- Add Deere to My Watchlist.
- Add Cypress Semiconductor to My Watchlist.