August 16, 2012 at 18:10 PM EDT
Dividend Payout Changes for Aug.16

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

Companies Increasing Dividend Payouts
Autoliv, Inc. (ALV) has raised its annual dividend payout from $1.88 to $2.00. The new dividend yield, based on today’s closing stock price of $61.75, is 3.24%. ALV is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars.

GameStop (GME) has raised its annual dividend payout from $.60 to $1.00. The new dividend yield, based on today’s closing stock price of $17.98, is 5.56%. GME is not a “Recommended” stock at this time, holding a Dividend.com Rating of 2.9 out of 5 stars.

ITC Holdings (ITC) has raised its annual dividend payout from $1.41 to $1.51. The new dividend yield, based on today’s closing stock price of $72.81, is 2.07%. ITC is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Companies Reducing Dividend Payouts
United Bancorp (UBCP) has lowered its annual dividend payout from $.56 to $.28. The new dividend yield, based on today’s closing stock price of $8.23, is 3.40%. UBCP is not a “Recommended” stock at this time, holding a Dividend.com Rating of 2.9 out of 5 stars.

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

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