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

Companies Increasing Dividend Payouts
Alliant Techsystems Inc. (ATK) has raised its annual dividend payout from $0.80 to $1.04. The new dividend yield, based on today’s closing stock price of $58.52, is 1.78%. ATK is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3 out of 5 stars.

CEC Entertainment (CEC) has raised its annual dividend payout from $0.88 to $0.96. The new dividend yield, based on today’s closing stock price of $32.6, is 2.94%. CEC is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.1 out of 5 stars.

EMC Insurance (EMCI) has raised its annual dividend payout from $.80 to $.84. The new dividend yield, based on today’s closing stock price of $21.73, is 3.87%. EMCI is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.1 out of 5 stars.

HollyFrontier Corp (HFC) has raised its annual dividend payout from $.60 to $.80. The new dividend yield, based on today’s closing stock price of $37.72, is 2.12%. HFC is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Sandridge Permian Trust (PER) has raised its annual dividend payout from $2.30 to $2.50. The new dividend yield, based on today’s closing stock price of $19.56, is 12.78%. PER is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Companies Reducing Dividend Payouts
SandRidge Mississippian Trust (SDT) has reduced its annual dividend payout from $2.91 to $2.73. The new dividend yield, based on today’s closing stock price of $20.03, is 13.63%. SDT is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.1 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.