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

Companies Increasing Dividend Payouts
Erie Indemnity (ERIE) has raised its annual dividend payout from $2.21 to $2.37. The new dividend yield, based on today’s closing stock price of $65.25, is 3.63%. ERIE is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Lancaster Colony Corp. (LANC) has raised its annual dividend payout from $1.44 to $1.52. The new dividend yield, based on today’s closing stock price of $73.29, is 2.07%. LANC is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Montpelier Re Holdings (MRH) has raised its annual dividend payout from $.42 to $.46. The new dividend yield, based on today’s closing stock price of $20.76, is 2.22%. MRH is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

South Jersey Industries (SJI) has raised its annual dividend payout from $1.61 to $1.77. The new dividend yield, based on today’s closing stock price of $47.77, is 3.71%. SJI is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars.

Tyson Foods (TSN) has raised its annual dividend payout from $.16 to $.20. The new dividend yield, based on today’s closing stock price of $18.72, is 1.07%. TSN is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.2 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.