CBL & Associates Properties Has 4.5 Percent Increase In Common Dividend Distribution

Announcement Marks Third Consecutive Year Of Common Dividend Increase

Tuesday, February 26, 2013

CBL & Associates Properties, Inc. Tuesday announced that its Board of Directors has declared a 4.5 percent increase in the quarterly cash dividend for the company’s common stock to $0.23 per share for the quarter ending March 31. The dividend is payable on April 16, to shareholders of record as of April 1.

The Board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending March 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 April 1 to shareholders of record as of March 13.

The Board also declared a quarterly cash dividend of $0.4140625 per depositary share for the quarter ending March 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, is payable on April 1 to shareholders of record as of March 13.


Rochat To Manage Investments, Banking For BlueCross

James K. Rochat has been hired as director and assistant treasurer, investments and cash management  for BlueCross BlueShield of Tennessee. In this role, Mr. Rochat is responsible for management of both BlueCross’ investment portfolio, as well as all of its banking relationships. He comes to BlueCross from St. Paul, Minnesota-based AgriBank, where he has managed a $4.5 ... (click for more)

TDEC Announces Public Hearing Dates For 2015-2025 Solid Waste And Materials Management Plan

The Tennessee Department of Environment and Conservation announced October public hearing dates in its process to develop the 2015-2025 Solid Waste and Materials Management Plan. Public participation activities for this planning process began in March with a series of four special focus meetings and continued in May with four public input meetings and one Web-based conference. ... (click for more)

EPB Says Bottom Line Is It Owes City $17,049 For Street Light Billing; DePriest Says Figure Is Starting Point For Talks With City: EPB To Ask Dismissal Of "Frivolous" Lepard Lawsuit

EPB officials on Tuesday morning released a report by Mauldin & Jenkins, the independent accounting firm charged with analyzing the process errors that led to questions about billing for public street lights, that gives a bottom line figure that EPB owes the city of Chattanooga $17,049. Harold DePriest, EPB president, said that is a starting point for ongoing talks with the ... (click for more)

Family Makes Treasure Trove Of Early Chattanooga Photographs Available For Book; Stokes Collection Has Been Passed Down To Descendants

A treasure trove of Chattanooga photographs that have been passed down in the Stokes family for generations has now been assembled in an upcoming book. Chattanooga Around The Turn Of The Century: The Remarkable Stokes Collection will be published by Chattanoogan.com. Pre-orders are now being taken for the book, which includes over 700 photos on large-size pages. Publisher ... (click for more)

How To Reform The City Industrial Development Board - And Response (3)

My aims is to bring to the public’s attention the need for procedural changes that, if implemented, would significantly improve the information available the public, to the City Council and to the City Industrial Development Board about the verifiable benefits and costs of tax incentive financing structures and to make the entire process transparent. The public, the City ... (click for more)

Roy Exum: He Can Never Go Home

When Florida State quarterback Jameis Winston sparked top-ranked Florida State to a 56-41 comeback over N.C. State last Saturday, you would have thought the world had forgotten and virtually excused his vulgar rant from the week before. His inexcusable mid-week antics kept him sidelined during the Clemson game and brought down the nation’s scorn but less than a week later he was ... (click for more)