The following companies announced a change in their dividend payouts today.

Companies Increasing Dividend Payouts
Codorus Valley Bancorp (CVLY) has raised its annual dividend payout from $0.36 to $0.44. The new dividend yield, based on today’s closing stock price of $13.99, is 3.15%. CVLY is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3 out of 5 stars.

Fastenal (FAST) has raised its annual dividend payout from $0.68 to $0.76. The new dividend yield, based on today’s closing stock price of $39.81, is 1.91%. FAST is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars.

Ryder System (R) has raised its annual dividend payout from $1.16 to $1.24. The new dividend yield, based on today’s closing stock price of $33.43, is 3.71%. R is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.2 out of 5 stars.

Companies Suspending Dividend Payouts
SuperValu (SVU) has suspended their dividend payouts and we will be no longer rating the stock.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.