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

Companies Increasing Dividend Payouts
Horace Mann Educators (HMN) has raised its annual dividend payout from $.52 to $.64. The new dividend yield, based on today’s closing stock price of $19.47, is 3.29%. HMN is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars.

Hubell Incorporated (HUB-B) has raised its annual dividend payout from $1.64 to $1.80. The new dividend yield, based on today’s closing stock price of $83.65, is 2.15%. HUB-B is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Lincoln Electric (LECO) has raised its annual dividend payout from $.68 to $.80. The new dividend yield, based on today’s closing stock price of $47.38, is 1.69%. LECO is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Nucor Corp (NUE) has raised its annual dividend payout from $1.46 to $1.47. The new dividend yield, based on today’s closing stock price of $40.81, is 3.60%. NUE is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.2 out of 5 stars.

Stryker (SYK) has raised its annual dividend payout from $.85 to $1.06. The new dividend yield, based on today’s closing stock price of $54.36, is 1.95%. SYK is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars.

Valspar (VAL) has raised its annual dividend payout from $.80 to $.92. The new dividend yield, based on today’s closing stock price of $61.93, is 1.49%. VAL 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.