CBL & Associates Properties Has 6.5 Percent Increase In Common Dividend Distribution

Monday, November 25, 2013

CBL & Associates Properties, Inc. Monday announced that its Board of Directors has declared a 6.5 percent increase in the quarterly cash dividend for the company’s Common Stock to $0.245 per share for the quarter ending Dec. 31. The increased quarterly dividend represents an annualized dividend rate of $0.98 per share compared with the previous annualized dividend rate of $0.92 per share. The dividend is payable on Jan. 15, to shareholders of record as of Dec. 30.

The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending Dec. 31 for the company's 7.375 percent Series D Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of $1.84375 per depositary share, is payable on Dec. 30 to shareholders of record as of Dec. 13.

The Board also declared a quarterly cash dividend of $0.4140625 per depositary share for the quarter ending Dec. 31 for the company's 6.625 percent Series E Cumulative Redeemable Preferred Stock. The dividend, which equates to an annual dividend payment of $1.65625 per depositary share, is payable on Dec. 30 to shareholders of record as of Dec. 13.


JAN-Pro Expands Commercial Cleaning Franchise

Throughout 2014, JAN-PRO expanded its network of more than 10,000 owner-operators across the United States with a focus in Chattanooga. JAN-PRO janitorial franchises serve offices, health care facilities, schools and other commercial spaces.  Most recently, JAN-PRO has succeeded in its social media efforts with new Regional Master Franchisee Anthony Burton, modeling an approach ... (click for more)

New Hamilton County Businesses

Here are the new business licenses from the County Clerk's office: ABSTON AMP & GUITAR REP 835 RUNYAN DR CHATTANOOGA, TN 37405 ANCHORED ALLIANCES 59 FAIRHILLS DR CHATTANOOGA, TN 37405 ASHLEY ENTERPRISES INC 1020 E 13TH ST CHATTANOOGA, TN 37408 BEAMHIT INC 4824 HIXSON PK STE B HIXSON, TN 37343 CHATTANOOGA STONE CENTER 7731 LEE HIGHWAY ... (click for more)

Mayor Berke Announces Plan To Provide High-Speed Internet At A Discount Price To Those With Low Incomes

Mayor Andy Berke, in his annual State of the City Address, on Monday announced the creation of the Netbridge Student Discount program. In the partnership with EPB, he said any family of a child eligible for Free and Reduced Lunch in schools can receive 100 megabits per second Internet at a cost of $26.99 per month." Mayor Berke said, "Think about it. Our low income families ... (click for more)

DA Tells Dalton Jury Cell Phone Of Skyy Mims Was Found At Murder Scene

District Attorney Bert Poston told a jury in Dalton on Monday that the cell phone of Skyy Mims was found at the scene of the murder of convenience store clerk DK Chaudhari. He said Ms. Mims carried out the robbery in order to get Lotto tickets that she hoped would bring her money to finance her budding musical career. He said she took 80 "$500 A Week For Life" tickets. The ... (click for more)

The Heart Of A Teacher Makes A Difference - And Response (2)

In less than four weeks, I expect to be one of 216 graduating seniors from East Hamilton School. One could say all possible variables help a student rise to the highest levels in school; but a student is more than his environment or genetic code. He is a mixture of his own propensity and dedication to academics, coupled with a systemic team of mentors who give their all as a student’s ... (click for more)

Roy Exum: The P.S. To A Sad Story

Back in the days when we were determined that the Chattanooga News-Free Press would have the best sports section in the country, I was traveling a whole lot. For example, back then I would be leaving today or tomorrow for Saturday’s Kentucky Derby, this after hardly recovering from a week spent at The Masters. And, as it happens with those who are constantly in search for tomorrow’s ... (click for more)