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.



ORNL Director Dr. Thomas Zacharia To Address Local Entrepreneurs

Dr. Thomas Zacharia, director of Oak Ridge National Laboratory, will address local entrepreneurs at a special reception to introduce him to Chattanooga and to celebrate his new leadership role at ORNL. At this event, Dr. Zacharia will discuss ways entrepreneurs can partner with the ORNL scientific community to bring innovative technologies into the private sector, as well as ... (click for more)

Cleveland/Bradley Chamber Of Commerce Announces New Communications Director

The Cleveland / Bradley Chamber of Commerce announced Joel Henderson as the new Communications director. Mr. Henderson will lead the communications efforts for publications, marketing, promotional strategies, digital communications and media relations. With over 20 years of experience in public relations, business development and marketing strategies, Mr.  Henderson has worked ... (click for more)

Coolidge Park Crowd Gets Twilight, Cricket Chirping As Solar Eclipse Arrives

A crowd at Coolidge Park and the nearby Walnut Street Bridge got twilight and cricket chirping as the heralded solar eclipse finally arrived at mid-afternoon Monday. As the moon moved across the sun around 2:30 p.m., birds quit chirping and began to roost. Crickets started going full force. Lights on the Market Street Bridge began to flicker on. The event, sponsored by Comcast, ... (click for more)

Chattanooga Airport President Gets New Contract Amid Double-Digit Growth, Improvements

Chattanooga Airport President Terry Hart has been given a six-year extension on his contract amid double-digit passenger increases and a host of airport improvements. There is no increase in his $158,377 pay, but the board plans to put in annual performance reviews with some built-in bonuses. Jim Hall, vice chairman of the Airport Board, said it is also important that the ... (click for more)

Tom Decosimo: My Great-Great-Grandparents Are Buried At The Confederate Cemetery - And Response

To Mayor Berke, I cannot add any more to the very fine comments made in opposition to your empty jester to remove the city as a trustee of the Confederate Cemetery. I can, however, add some personal perspective as my great-great-grandparents are buried there. Penelope McDermott Cooke was a Daughter of the Confederacy and was concerned the remains of the Confederates who ... (click for more)

Roy Exum: The New Mean

Until last Monday I believed nobody could ever hurt my feelings again. In the half-century I have been a writer I’ve had hundreds of people take swipes at me, been called more names, and received more hate mail than you can imagine. I also know the only way anyone can hurt you is for you to allow it and, brother, it is nigh impossible to get inside me. My defense mechanism is because ... (click for more)