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Dividend Payout Changes Today (BUD, AROW, ETH, HCBK, TCLP, TMP)

By Dividend.com Staff
July 23rd, 2008

The following companies announced a change in their dividend payouts today: Companies Raising Its Dividend Anheuser Busch (BUD) has raised its annual dividend payout from $1.32 to $1.48. The new dividend yield, based on today’s closing price of $67.36 is 2.20%. BUD is a “Recommended” dividend stock, currently holding a Dividend.com rating of 3.7 out of 5 stars. Arrow Financial (AROW) has raised its annual dividend payout from 96 cents to $1.00. The new dividend yield based on today’s closing price of $22.34 is 4.48%. AROW is not recommended at this time, holding a Dividend.com Rating of 3.3 out of 5 stars. Ethan Allen (ETH) has raised its annual dividend payout from 88 cents to $1.00. The new dividend yield based on today’s closing price of $27.66 is 3.62%. ETH is not recommended at this time, holding a Dividend.com Rating of 3.3 out of 5 stars. Hudson City Bancorp (HCBK) has raised its annual dividend payout from 44 cents to 48 cents. The new dividend yield based on today’s closing price of $18.45 is 2.60%. HCBK is not recommended at this time, holding a Dividend.com Rating of 3.4 out of 5 stars. TC Pipelines (TCLP) has raised its annual dividend payout from $2.80 to $2.82. The new dividend yield, based on today’s closing price of $34.59 is 12.27%. TCLP is a “Recommended” dividend stock, currently holding a Dividend.com rating of 3.6 out of 5 stars. Tompkins Financial (TMP) has raised its annual dividend payout from $1.28 to $1.36. The new dividend yield based on today’s closing price of $45.00 is 3.02%. TMP is not recommended at this time, holding a Dividend.com Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks as well as our ratings system here.

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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.