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 Cliffs Natural Resources (NYS: CLF) . After disclosing a strategy favoring organic pipeline growth, Cliffs jacked up its quarterly dividend 123% to $0.625 a share. The move props up the stock's yield to nearly 3.5%.

BB&T (NYS: BBT) juiced up its quarterly distributions 25% to $0.20 a share. The North Carolina-based banker was one of a few financial services players bumping their payouts higher after holding up well against regulator stress tests.

Xilinx (NAS: XLNX) is also on the move. The provider of programmable platforms is improving its rate by 16%. Shareholders will now be receiving $0.22 a share every three months.

Finally, we have Air Products (NYS: APD) keeping an enviable streak alive. The atmospheric, process, and specialty gas specialist's call to move its quarterly disbursements 10% higher to $0.64 a share marks 30 years in a row that Air Products has delivered payout boosts.

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.

At the time this article was published Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.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.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Behavioral Finance

Why do investors make the decisions that they do?

View Course »

Socially Responsible Investing

Invest in companies with a conscience.

View Course »

Add a Comment

*0 / 3000 Character Maximum