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 these past few days.
We can start with Harris
The communications and information technology specialist is boosting its quarterly dividend 12% to $0.37 a share. It's actually the second time that Harris has jacked up its disbursements this year.
"We are pleased to reward our loyal shareholders with an enhanced return," CEO Paul Dykstra told investors in the press release.
Yes, I think a 150% increase certainly qualifies as an enhanced return.
Finally, we have Triangle Capital
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. A 30-day trial subscription will let you see if it's right for you.
The Dow is another place where yield chasers come for meaty payouts, but you don't want to buy all 30 stocks that make up the index. A new report singles out the 3 Dow companies that dividend investors need to own. It's a free report, so check it out now.
Longtime Fool contributor Rick Munarriz calls them as he sees them. He does not own shares in any of the stocks in this story. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.
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