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.


Chattanooga Chamber Calendar Of Events Feb. 27-March 3

TUES/28 LCAA Candidate Forum 7:30-9 a.m. EPB Building: MLK Boulevard The Leadership Chattanooga Alumni Association hosts a meet and greet with candidates for City Council and Chattanooga Mayor.   TUES/28 East Brainerd Chamber Council Meeting 11:30a-1 p.m. Car Barn: 6721 Heritage Business Ct. Speaker: James McKissic $12   TUES/28 Action/Priority Matrix: ... (click for more)

Attorney Virgil Duane Parker Goes On Disability Status

 By Order of the Tennessee Supreme Court entered February 23, 2017, the law license of Hamilton County attorney Virgil Duane Parker was transferred to disability inactive status pursuant to Section 27.3 of Tennessee Supreme Court Rule 9. Mr. Parker cannot practice law while on disability inactive status. He may return to the practice of law after reinstatement by the Tennessee ... (click for more)

St. Elmo Woman, 45, Dies At County Workhouse On Wednesday Night; Investigation Underway

An inmate died at the county workhouse at Silverdale on Wednesday night, and an investigation is underway.   She was identified as  Dana Shunice Palmer, 45, of St. Elmo.   Ms. Palmer was booked into the Hamilton County Jail from the Chattanooga Police Department on Feb. 14 on a public Intoxication charge. She was transferred from the jail to CoreCivic ... (click for more)

Shannon Whitfield Raising Rates At Money-Losing Walker County Landfill; Moratorium Placed On Fracking, Deep Well Drilling, Tiny Homes

New Walker County Sole Commissioner Shannon Whitfield is raising rates at the money-losing Walker County Landfill. The higher charges go into effect on March 1. Mr. Whitfield, during his campaign, said the landfill had been losing about $500,000 per year for many years. He said other area landfills were making a profit, but Walker County was having to subsidize its landfill. ... (click for more)

CVB Should Share Financials With The Home Folks

The recent debate over the Convention and Visitor's Bureau's funding and budget has gotten ugly. A Hamilton County commissioner has asked questions and made comments about the CVB. The director of the CVB has organized a campaign to dismiss the commissioner's questions and comments. The children on the playground are choosing sides and nothing useful seems to be happening. It's ... (click for more)

Roy Exum: Ed Chief ‘Embarrassed’

At the start of the school year in September, Tennessee’s Commissioner of Education Dr. Candice McQueen held an “educational summit” with state legislators from embattled Hamilton County. The entire “summit” took a prescribed 90 minutes and was such a dog-and-pony show her strongest statement was, "Create your plan around the right vision, have some metrics and align to the right ... (click for more)