Not every company is slashing its dividend these days.
Some of the market's better performers are easing up on their
purse strings, sending more money out to their
shareholders.
Readers of the
Motley Fool 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
VF (NYSE: VFC). The lifestyle apparel maker
is stitching an alteration on its quarterly dividend. The new
rate will be $0.60 a share. It may just be a token penny
improvement, but VF has now boosted its yield for 37
consecutive years.
Strayer Education (Nasdaq: STRA) is also
bringing new meaning to its higher learning calling. The
post-secondary educator is making the grade with its new
$0.75-a-share quarterly payout, a 50% upgrade. This is a
sector that has thrived during the recession. In its latest
quarter, Strayer's revenue and earnings have risen 31% and
42% respectively.
Generic and over-the-counter pharmaceuticals specialist
Perrigo (Nasdaq: PRGO) is also delivering
healthier disbursements. Perrigo's injecting its quarterly
dividend by 12% to $0.0625 a share.
Finally, we have paperboard and containerboard maker
RockTenn (NYSE: RKT) making its paper checks
more valuable. RockTenn's new payout of $0.15 a share every
three months is 50% higher than its previous rate.
Some of these moves may not seem like much, but consider
the insurers and financial services companies that have
slashed -- or completely eliminated -- their quarterly
disbursements.
Bank of America (NYSE: BAC) and
Fifth Third Bank (Nasdaq: FITB) are now
distributing a
token $0.01 a shareevery quarter.
Susquehanna Bancshares (Nasdaq: SUSQ) became
the latest banker to follow suit with the $0.01 a share
quarterly dividend last week.
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.
This article was originally published as
4 Dividend Stocks Showing You the Moneyon
Fool.com
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