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.
We can start with Dell
Nil City was the PC maker's yield before announcing on Tuesday that it will initiate a quarterly payout rate of $0.08 a share. Dell has gone from being a market darling of the 1990s to disappointing investors as a market laggard in recent years. However, at least now shareholder patience will be rewarded.
Caterpillar
Target
Finally, we have C.R. Bard
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 Target to My Watchlist.
- Add Dell to My Watchlist.
- Add Caterpillar to My Watchlist.
- Add C.R. Bard to My Watchlist.