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

Companies Increasing Dividend Payouts
Cross Timbers Royalty Trust Units (CRT) has raised its annual dividend payout from $2.25 to $2.62. The new dividend yield, based on today’s closing stock price of $27.08, is 9.68%. CRT is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.2 out of 5 stars.

Hugoton Royalty Trust (HGT) has raised its annual dividend payout from $0.63 to $0.71. The new dividend yield, based on today’s closing stock price of $7.37, is 9.63%. HGT is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3 out of 5 stars.

San Juan Basin Royalty Trust (SJT) has raised its annual dividend payout from $0.01 to $0.33. The new dividend yield, based on today’s closing stock price of $12.5, is 2.64%. SJT is not a “Recommended” stock at this time, holding a Dividend.com Rating of 2.9 out of 5 stars.

Companies Reducing Dividend Payouts
Mesa Royalty Trust Units Ben Int (MTR) has reduced its annual dividend payout from $1.89 to $1.62. The new dividend yield, based on today’s closing stock price of $20.299, is 7.98%. MTR is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3 out of 5 stars.

Permian Basin Royalty Trust Units Ben. Int. (PBT) has reduced its annual dividend payout from $0.83 to $0.66. The new dividend yield, based on today’s closing stock price of $12.47, is 5.29%. PBT is not a “Recommended” stock at this time, holding a Dividend.com Rating of 2.9 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.