February 08, 2013 at 17:03 PM EST
Dividend Payout Changes for Feb.8

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

Companies Increasing Dividend Payouts
Federal Agricultural Mortgage Corp (AGM) has raised its annual dividend payout from $0.40 to $0.48. The new dividend yield, based on today’s closing stock price of $35.05, is 1.37%. AGM is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Avista Corp (AVA) has raised its annual dividend payout from $1.16 to $1.22. The new dividend yield, based on today’s closing stock price of $26.11, is 4.67%. AVA is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Brookfield Infrastructure Partners L.P. (BIP) has raised its annual dividend payout from $1.50 to $1.72. The new dividend yield, based on today’s closing stock price of $39.70, is 4.33%. BIP is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Convergys Corporation (CVG) has raised its annual dividend payout from $0.20 to $0.24. The new dividend yield, based on today’s closing stock price of $16.03, is 1.50%. CVG is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.1 out of 5 stars.

Heartland Payment Systems (HPY) has raised its annual dividend payout from $0.24 to $0.28. The new dividend yield, based on today’s closing stock price of $33.01, is 0.85%. HPY 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.

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