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Dividend Payout Changes for Dec.15

By Dividend.com,  December 15, 2010, 06:11:14 PM EDT

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

Companies Increasing Dividend Payouts
Qad Inc. ( QADI ) has raised its annual dividend payout from $0.10 to $0.24. The new dividend yield, based on today's closing stock price of $5.23, is 4.59%. QADI is not a "Recommended" stock at this time, holding a Dividend.com Rating of 2.9 out of 5 stars.

Scholastic Corp ( SCHL ) has raised its annual dividend payout from $0.30 to $0.40. The new dividend yield, based on today's closing stock price of $29.77, is 1.34%. SCHL is not a "Recommended" stock at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

Companies Reducing Dividend Payouts
Farmer Brothers ( FARM ) has cut its annual dividend payout from $.44 to $.24. The new dividend yield, based on today's closing stock price of $18.25, is 1.32%. FARM is not a "Recommended" stock at this time, holding a Dividend.com Rating of 3.1 out of 5 stars.

Annaly Capital ( NLY ) has cut its annual dividend payout from $2.72 to $2.56. The new dividend yield, based on today's closing stock price of $17.82, is 14.37%. NLY is not a "Recommended" stock at this time, holding a Dividend.com Rating of 3.4 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 .




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Stocks

Referenced Stocks: FARM, NLY, QADI, SCHL



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