The following companies announced a change in their dividend payouts today.
Companies Increasing Dividend Payouts
Cisco Systems (CSCO) has raised its annual dividend payout from $.56 to $.68. The new dividend yield, based on today’s closing stock price of $20.90, is 3.25%. CSCO is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars.