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

Companies Increasing Dividend Payouts
Cardinal Financial Corp (CFNL) has raised its annual dividend payout from $.16 to $.20. The new dividend yield, based on today’s closing stock price of $15.77, is 1.27%. CFNL is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.1 out of 5 stars.

CubeSmart (CUBE) has raised its annual dividend payout from $.32 to $.44. The new dividend yield, based on today’s closing stock price of $14.01, is 3.14%. CUBE is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars.

Equity Residential (EQR) has raised its annual dividend payout from $1.58 to $1.78. The new dividend yield, based on today’s closing stock price of $55.09, is 3.23%. EQR is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Ingersoll-Rand Co. (IR) has raised its annual dividend payout from $0.64 to $0.84. The new dividend yield, based on today’s closing stock price of $47.79, is 1.76%. IR is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.3 out of 5 stars.

J.B. Hunt (JBHT) has raised its annual dividend payout from $0.56 to $0.60. The new dividend yield, based on today’s closing stock price of $58.65, is 1.02%. JBHT is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Hanover Insurance Group (THG) has raised its annual dividend payout from $1.20 to $1.32. The new dividend yield, based on today’s closing stock price of $38.16, is 3.46%. THG is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.2 out of 5 stars.

Universal Health Realty Income Trust (UHT) has raised its annual dividend payout from $2.46 to $2.48. The new dividend yield, based on today’s closing stock price of $48.91, is 5.07%. UHT is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Companies Decreasing Dividend Payouts
PMC Commercial Trust (PCC) has lowered its annual dividend payout from $0.64 to $0.48. The new dividend yield, based on today’s closing stock price of $7.15, is 6.71%. PCC is not a “Recommended” stock at this time, holding a Dividend.com Rating of 2.8 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.