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

Companies Increasing Dividend Payouts
Alexandria Real Estate Equities (ARE) has raised its annual dividend payout from $2.12 to $2.24. The new dividend yield, based on today’s closing stock price of $67.46, is 3.32%. ARE is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

McCormick & Co. (MKC) has raised its annual dividend payout from $1.24 to $1.36. The new dividend yield, based on today’s closing stock price of $64.80, is 2.10%. MKC is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Merck & Co. (MRK) has raised its annual dividend payout from $1.68 to $1.72. The new dividend yield, based on today’s closing stock price of $43.88, is 3.92%. MRK is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

SL Green Realty Corp. (SLG) has raised its annual dividend payout from $1.00 to $1.32. The new dividend yield, based on today’s closing stock price of $74.19, is 1.78%. SLG 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.