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

Companies Increasing Dividend Payouts
Walt Disney (DIS) has raised its annual dividend payout from $.60 to $.75. The new dividend yield, based on today’s closing stock price of $49.20, is 1.52%. DIS is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Financial Institutions Inc. (FISI) has raised its annual dividend payout from $.56 to $.64. The new dividend yield, based on today’s closing stock price of $18.39, is 3.48%. FISI is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.2 out of 5 stars.

OGE Energy (OGE) has raised its annual dividend payout from $1.57 to $1.67. The new dividend yield, based on today’s closing stock price of $56.76, is 2.94%. OGE is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Towne Bank (TOWN) has raised its annual dividend payout from $.32 to $.36. The new dividend yield, based on today’s closing stock price of $14.74, is 2.44%. ARE is not a “Recommended” stock at this time, holding a Dividend.com Rating of 3.0 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.