Dividend Payout Changes for Mar.7

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

Companies Increasing Dividend Payouts
Colgate-Palmolive (CL) has raised its annual dividend payout from $2.48 to $2.72. The new dividend yield, based on today’s closing stock price of $115.41, is 2.36%. CL is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Covanta Holding Corp. (CVA) has raised its annual dividend payout from $.60 to $.66. The new dividend yield, based on today’s closing stock price of $19.42, is 3.40%. CVA is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars.

Orchid Paper Products Co. (TIS) has raised its annual dividend payout from $1.00 to $1.20. The new dividend yield, based on today’s closing stock price of $23.98, is 5.00%. TIS 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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