Dividend Payout Changs for Apr.9

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

Companies Increasing Dividend Payouts
Bank of New York Mellon (BK) has raised its annual dividend payout from $.52 to $.60. The new dividend yield, based on today’s closing stock price of $, is %. BK is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Enterprise Products Partners L.P. (EPD) has raised its annual dividend payout from $2.64 to $2.68. The new dividend yield, based on today’s closing stock price of $60.78, is 4.41%. EPD is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

First Merchants Corp (FRME) has raised its annual dividend payout from $.12 to $.20. The new dividend yield, based on today’s closing stock price of $14.75, is 1.36%. FRME is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.2 out of 5 stars.

Idex Corp (IEX) has raised its annual dividend payout from $.80 to $.92. The new dividend yield, based on today’s closing stock price of $51.96, is 1.77%. IEX is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Lakeland Financial Corp (LKFN) has raised its annual dividend payout from $.68 to $.76. The new dividend yield, based on today’s closing stock price of $26.11, is 2.91%. LKFN 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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