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 Microsoft
The world's largest software company increased its quarterly disbursements 15% to $0.23 a share. Fellow Fool Evan Niu points out that this is Microsoft's smallest percentage increase in a couple of years, but there's no denying that Mr. Softy has been trying to please patient long-term investors by returning money their way. The stock is now yielding a respectable 2.9%.
It won't be long before McDonald's
Finally, we have Ingredion
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 three Dow companies that dividend investors need to own. It's a free report, so click here to check it out now.