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

Companies Increasing Dividend Payouts
Automatic Data Processing (ADP) has raised its annual dividend payout from $1.58 to $1.74. The new dividend yield, based on today’s closing stock price of $54.765, is 3.18%. ADP is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

American Software (AMSWA) has raised its annual dividend payout from $0.36 to $0.40. The new dividend yield, based on today’s closing stock price of $7.70, is 5.19%. AMSWA is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.0 out of 5 stars.

Johnson Controls (JCI) has raised its annual dividend payout from $0.72 to $0.76. The new dividend yield, based on today’s closing stock price of $24.94, is 3.05%. JCI is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.2 out of 5 stars.

StanCorp Financial Group (SFG) has raised its annual dividend payout from $0.89 to $0.93. The new dividend yield, based on today’s closing stock price of $32.73, is 2.84%. SFG is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.0 out of 5 stars.

S.Y. Bancorp (SYBT) has raised its annual dividend payout from $0.76 to $0.80. The new dividend yield, based on today’s closing stock price of $21.08, is 3.80%. SYBT is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.2 out of 5 stars.

Sysco Corp (SYY) has raised its annual dividend payout from $1.08 to $1.12. The new dividend yield, based on today’s closing stock price of $29.99, is 3.73%. SYY is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 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.