This morning, Baytex Energy Trust (NYSE:BTE) declared its monthly dividend of 20 cents per share, an increase of about 11% over its prior dividend. Based on the current stock price, investors can expect a yield of about 5.3% going forward.
Shares of BTE were higher, picking up 2.7% on the news.
In other dividend news, Monsanto (NYSE:MON) maintained its quarterly dividend of 28 cents per share. Mastercard (NYSE:MA) maintained its quarterly dividend of 15 cents per share. Leucadia National (NYSE:LUK) maintained a dividend of 25 cents per share. And Torchmark (NYSE:TMK) maintained its quarterly dividend of 16 cents per share.
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