The following companies announced a change in their dividend payouts today.
Companies Increasing Dividend Payouts
Plains All American Pipeline L.P. (PAA) has raised its annual dividend payout from $2.13 to $2.17. The new dividend yield, based on today’s closing stock price of $46.3, is 4.69%. PAA is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.
Companies Reducing Dividend Payouts
BP Prudhoe Bay Royalty Trust (BPT) has reduced its annual dividend payout from $9.25 to $7.29. The new dividend yield, based on today’s closing stock price of $91.83, is 7.94%. BPT is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.2 out of 5 stars.
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