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.


Business After Hours And Ridgeland High School Artists Reception Will Be May 12

The Walker County Chamber will host the Business After Hours and the Ridgeland High School Artists Reception – Hometown Teams: How Sports Shape America celebrates the connection between Amercians and sports in our heritage. The event will be at the 6th Cavalry Museum on May 12, from 4-6 p.m. Hometown Teams captures the stories that unfold on the neighborhood fields and courts, ... (click for more)

Senator David Perdue Says The Debt Crisis Is Directly Impacting The Ability To Protect The Nation

Senator David Perdue, a member of the Senate Budget and Foreign Relations Committees, on Thursday highlighted the impact the federal debt crisis is having on the country’s ability to support the military and protect the nation.   Here are highlights: Responsibly Funding The Federal Government:  “The primary role of Congress is to responsibly fund the federal ... (click for more)

Dewayne Ray Burns Wanted After Firing Shots At Fort Oglethorpe Police Officers

Dewayne Ray Burns is wanted after police in North Georgia were led on a chase, and he fired shots at officers. Burns fired shots in their direction late Thursday night. The Georgia Bureau of Investigation and the Fort Oglethorpe Police Department are investigating the incident. According to park rangers on the scene, the Burns ran away, while firing shots in the direction ... (click for more)

5 Considered For Cleveland City Manager Position

Five names were selected  Friday  by a citizens advisory committee to send to the Cleveland City Council for consideration as the next Cleveland city manager. The five are Angie Carrier, Joe Fivas, Mark Reeter, Seth Sumner and Julie Underwood. The list is being sent in alphabetical order so no one has an advantage when the city council considers the candidates. ... (click for more)

Jill Levine Is An Educational Rock Star

No one has covered the Hamilton County Department of Education drama better than Roy Exum.  Thank you, Roy, but I take issue with your unnamed sources.  Professional jealousy and sour grape darts should not be anonymous.   HCDE is so dysfunctional, and there is good cause to place this public organization under a microscope, dissect it into pieces and discard all ... (click for more)

Roy Exum: Settle It With A Vote

The Merriam-Webster Dictionary, which I consider a pretty good authority on what words really mean, defines “freedom” in this way:  “The quality or state of being free: such as, (a) the absence of necessity, coercion, or constraint in choice or action; (b) liberation from slavery or restraint or from the power of another; (c) independence -- the quality or state of being exempt ... (click for more)