The following companies announced a change in their dividend payouts today.
Companies Increasing Dividend Payouts
Amerisource Bergen Co. (ABC) has raised its annual dividend payout from $.52 to $.84. The new dividend yield, based on today’s closing stock price of $40.92, is 2.05%. ABC is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.
Breitburn Energy Partners L.P. (BBEP) has raised its annual dividend payout from $1.84 to $1.86. The new dividend yield, based on today’s closing stock price of $20.38, is 9.13%. BBEP is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars.
Cantel Medical Corp (CMN) has raised its annual dividend payout from $.09 to $.11. The new dividend yield, based on today’s closing stock price of $26.37, is .42%. CMN is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.
Estee Lauder (EL) has raised its annual dividend payout from $.52 to $.73. The new dividend yield, based on today’s closing stock price of $61.17, is 1.18%. EL is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.
Fidelity National Financial (FAF) has raised its annual dividend payout from $.56 to $.64. The new dividend yield, based on today’s closing stock price of $23.14, is 2.07%. FAF is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.
j2 Global Communications (JCOM) has raised its annual dividend payout from $.88 to $.90. The new dividend yield, based on today’s closing stock price of $30.46, is 2.95%. JCOM is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.
Sandy Spring Bancorp (SASR) has raised its annual dividend payout from $.40 to $.56. The new dividend yield, based on today’s closing stock price of $19.23, is 2.91%. SASR is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.2 out of 5 stars.
Starbucks (SBUX) has raised its annual dividend payout from $.68 to $.84. The new dividend yield, based on today’s closing stock price of $46.62, is 1.80%. SBUX is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars.
Spectra Energy (SE) has raised its annual dividend payout from $1.12 to $1.22. The new dividend yield, based on today’s closing stock price of $28.65, is 4.26%. SE is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.
Snap-On (SNA) has raised its annual dividend payout from $1.36 to $1.52. The new dividend yield, based on today’s closing stock price of $79.17, is 1.92%. SNA is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.
Tesoro (TSO) has raised its annual dividend payout from $0.48 to $0.60. The new dividend yield, based on today’s closing stock price of $36.18, is 1.66%. TSO is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars.
Companies Reducing Dividend Payouts
Avon Products (AVP) has cut its annual dividend payout from $.92 to $.24. The new dividend yield, based on today’s closing stock price of $15.77, is 1.52%. OXF is not a “Recommended” stock at this time, holding a Dividend.com Rating of 2.8 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.