Sunday, March 28, 2010

Laura Franks Dividend Note No. 22, March 28, 2010 for Bexley Public Radio.

This is a report on fifty-seven companies that have increased dividends during March. It is an occasional note by Laura Franks.

This informal collection marks dividend increases for mostly U.S. stocks. This report includes some equities based outside the United States that do business in the United States.

Laura’s commentary and analysis is sometimes offered in this informal journal. The ones that Laura notes as interesting are America Service Group, Inmarsat and Stanley Gibbons.

America Service Group through a subsidiary contracts with correctional facilities and provides healthcare services to inmates. In the context of the new federal healthcare law, Laura is curious how prisoners are treated and who will pay for the prisoner healthcare needs.

Inmarsat operates a communications satellite. The company is a reminder that not all satellites are owned by governments.

Stanley Gibbons is a dealer in postage stamps and other items. Its increased dividend is a reminder that, beyond the financial markets for stocks and bonds, there are other markets where prices are determined for many things.

BPRF Dividend Note No. 22

Air Products (NYSE: APD) Lehigh Valley, PA., March 18, 2010 increased the quarterly dividend on the company's common stock to 49 cents per share from 45 cents.
The dividend is payable on May 10, 2010 to shareholders of record at the close of business on April 1, 2010. This marks the 28th consecutive year that Air Products has increased its dividend payment.

Air Products serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2009, Air Products had revenues of $8.3 billion, operations in over 40 countries, and 18,900 employees around the globe.

Alaris Royalty Corp. (TSX: AD) March 11, 2010, Calgary, Alberta, announced today that effective immediately, the Board of Directors of the Corporation has determined to increase the monthly dividend on the Corporation's outstanding voting common shares and non-voting common shares by $0.01 per ARC Share to $0.08 per ARC Share (or $0.96 on an annualized basis) from $0.07 per ARC Share ($0.84 on an annualized basis).

"This represents an increase of 14.3% in our monthly dividend and reflects the visibility and confidence that Alaris has in our operations as well as our future growth opportunities", said Steve King, President and CEO of the Corporation.

As such, the Board of Directors of the Corporation has declared a dividend of $0.08 per ARC Share to be payable on April 15, 2010 to holders of ARC Shares of record at the close of business on March 31, 2010. This dividend is designated by the Corporation to be an eligible dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.

Alaris provides alternative financing to the Private Company Partners in exchange for royalties or distributions with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders. Royalties or distributions from the Private Company Partners are structured as a percentage of a "top line" financial performance measure such as gross margin and same-store sales and rank in priority to the owners' common equity position.

American Greetings Corp. (NYSE: AM) March 4, 2010, Brooklyn, the nation's largest publicly held greeting card maker, has raised its quarterly dividend 17 percent, or 2 cents, to 14 cents per share.

The dividend, payable on April 5 to shareholders of record at the close of business on March 23, is the company's first dividend increase since January 2008.

The dividend increase was announced after the markets closed on Thursday.

American Greetings Corporation is engaged in the design, manufacture and sale of everyday and seasonal greeting cards and other social expression products. Greeting cards, gift wrap, party goods, stationery and giftware are manufactured or sold in North America, including the United States, Canada and Mexico, and throughout the world, primarily in the United Kingdom, Australia and New Zealand.

In addition, its subsidiary, AG Interactive, Inc., distributes social expression products, including electronic greetings, physical products incorporating consumer photos, and a range of graphics and digital services and products, through a variety of electronic channels, including Websites, Internet portals, instant messaging services and electronic mobile devices.

America Service Group (NASDAQ: ASGR) March 2, 2010, Brentwood, TN
announced results for the fourth quarter and year ended December 31, 2009, and announced settlements in principle in shareholder litigation and other significant legal matters, provided its initial guidance for full-year 2010 results and increased its quarterly dividend.

On March 1, 2010, the Company's Board of Directors declared a quarterly cash dividend of $0.06 per share on the Company's common stock for the 2010 first quarter. This is an increase from the prior quarterly cash dividend of $0.05 per share. The dividend will be paid on April 13, 2010, to shareholders of record on March 23, 2010.

America Service Group Inc. (NASDAQ: ASG) through its subsidiaries Prison Health Services, Inc., EMSA Limited Partnership, and Correctional Health Services, LLC, contracts to provide and/or administer managed healthcare services to over 120 correctional facilities throughout the United States.

Prior to May 1, 2007, the Company through its subsidiary Secure Pharmacy Plus, LLC (SPP), was also a distributor of pharmaceuticals and medical supplies. The Company’s correctional healthcare services segment, through PHS and CHS, contracts with state, county and local governmental agencies to provide healthcare services to inmates of prisons and jails. The pharmaceutical distribution services segment contracts with federal, state and local governments and certain private entities to distribute pharmaceuticals and certain medical supplies to inmates of correctional facilities.

Applied Materials Inc. (NASDAQ: AMAT) March 8, 2010, Santa Clara, CA increased its quarterly dividend by a penny and said its board has authorized a $2 billion stock-buyback program for the next three years.

Applied Materials, Inc. (Applied) provides Nanomanufacturing Technology solutions for the global semiconductor, flat panel display, solar and related industries, with a portfolio of equipment, service and software products. The Company’s customers include manufacturers of semiconductor wafers and chips, flat panel liquid crystal displays, solar photovoltaic cells and modules (solar PVs), and other electronic devices. It operates in four segments: Silicon, Applied Global Services, Display, and Energy and Environmental Solutions. Applied’s Silicon Systems Group (SSG) develops, manufactures and sells a range of manufacturing equipment used to fabricate semiconductor chips, also referred to as integrated circuits (ICs). The services and products offered by the Applied Global Services segment include Fab Services, Mature Technology Services, Automation Systems and Abatement Systems. In December 2009, Applied Materials, Inc. acquired Semitool, Inc.

Canadian Natural Resources Ltd. (NYSE: CNQ) Calgary, Canada March 4, 2010, announced its Board of Directors has declared a quarterly cash dividend on its common shares of CDN$0.15 per common share. The dividend will be payable April 1, 2010, to shareholders of record at the close of business on March 12, 2010 and represents a 43% increase from the prior quarter's dividend amount.

Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company’s crude oil and natural gas operations are focused in North America, largely in Western Canada; the United Kingdom portion of the North Sea, and Cote d’Ivoire and Gabon in Offshore West Africa. Within Western Canada, the Company is developing its Horizon Oil Sands Project (the Horizon Project) in a series of staged development phases (Phases). The Horizon Project is designed to produce synthetic crude oil through bitumen mining and upgrading operations. Also within Western Canada, the Company maintains certain midstream activities that include pipeline operations and an electricity co-generation system.

Artesian Resources Corporation (Nasdaq: ARTNA) announced that it is increasing its dividend by about five percent and that revenues for 2009 were $60.9 million, up 8.4% from $56.2 million in 2008. Net income was $7.3 million, compared to $6.4 million last year. Diluted net income per common share for 2009 rose 12.8% to $0.97 from $0.86 in 2008.

"We have a clear vision of what we believe is necessary to ensure superior service for our customers while also achieving a fair return for our shareholders," said Dian C. Taylor, Chair, President & CEO. "We faced many challenges in 2009—the recession limited new housing development and there was record rain fall, both of which lowered customer demand for water. However, we delivered positive financial results by carefully managing our expenses and generating additional revenue from our non-utility businesses."

Artesian paid out dividends every quarter in 2009, as it has for the last 17 years. The dividend was increased in the fourth quarter of 2009 by approximately 5%, raising the current annualized dividend rate to $0.7492. In addition, Artesian won national and local awards for customer service innovations and the quality of its water and was named in 2009 as one of the FORTUNE Small Business top 100 companies. Artesian was included in the broad-market Russell 3000® Index and the small-market Russell 2000® Index during the year.

Artesian's revenue increase in 2009 was partially due to a 17% increase in non-utility revenue, which climbed to $4.8 million from $4.1 million in 2008. Revenues from water sales also increased as a result of the full-year implementation of a 15% rate increase, which was made permanent in 2009 with the settlement of the Company's rate case in Delaware. Revenue also increased as a result of the addition of more than 1,000 water customers and 100 wastewater customers. However, water revenues increases were partially offset by the record rainfall of 2009, which lowered per customer demand.

Artesian Resources Corporation operates as the holding company of eight wholly-owned subsidiaries offering water, wastewater and engineering services. Artesian Water Company, the principal subsidiary, is the oldest and largest investor-owned public water utility on the Delmarva Peninsula, and has been providing water service since 1905. Artesian Water distributes and sells water to residential, commercial, industrial, governmental, municipal and utility customers. Other subsidiaries include Artesian Water Maryland, Inc., Artesian Wastewater Maryland, Inc., Artesian Water Pennsylvania, Inc., Artesian Wastewater Management, Inc., Artesian Utility Development, Inc., Artesian Consulting Engineers, Inc. and Artesian Development Corporation.

Birner Dental Management Services, Inc. (Nasdaq: BDMS), Denver, CO, March 12, 2010, operators of PERFECT TEETH dental practices, announced that its board of directors has approved an increase in the Company's quarterly dividend to $.20 per share from $.17 per share. The Company stated that the regular quarterly dividend will have similar record and payment dates in 2010 as in 2009.

Birner Dental Management Services, Inc. acquires, develops, and manages geographically dense dental practice networks in select markets in Colorado, New Mexico, and Arizona. The Company currently manages 65 dental offices, of which 38 were acquired and 27 were de novo developments. The Company operates its dental offices under the PERFECT TEETH name.

Brinker International Inc. (NYSE: EAT) Dallas, TX March 26, 2010 raised its quarterly dividend by 27 percent and also boosted its 2010 earnings forecast as recently improving consumer sentiment has the company seeing more traffic at its restaurants.

The raised outlook follows a similar move earlier this week by Brinker’s chief rival, Darden Restaurants Inc. (NYSE: DRI). 

Brinker is now forecasting earnings of $1.40 to $1.44 per share for the 2010 fiscal full year, up from the company's previous guidance of $1.15 to $1.30 per share. On average, analysts were expecting $1.39 per share, with estimates ranging from $1.26 to $1.50 per share.

The company also announced that it is raising its quarterly dividend from 11 cents to 14 cents per share and buying back an additional $250 million of common shares.

Brinker International, Inc. owns, develops, operates and franchises the Chili’s Grill & Bar (Chili’s), On The Border Mexican Grill & Cantina (On The Border) and Maggiano’s Little Italy (Maggiano’s) restaurant brands. At June 24, 2009, its company-owned and franchised restaurants included 1,689 restaurants located in 50 states, and Washington. It also has restaurants in the countries of Bahrain, Canada, Ecuador, Egypt, El Salvador, Germany, Guam, Guatemala, Honduras, India, Indonesia, Japan, Kuwait, Lebanon, Malaysia, Mexico, Oman, Peru, Philippines, Portugal, Puerto Rico, Qatar, Saudi Arabia, Singapore, South Korea, Taiwan, Turkey, United Arab Emirates and Venezuela. Brinker sold Macaroni Grill to Mac Acquisition LLC, an affiliate of San Francisco-based Golden Gate Capital, in December 2008.

Cheviot Financial Corp. (Nasdaq:CHEV - News), Cheviot, OH February 17, 2010, holding company of Cheviot Savings Bank, has declared its dividend for the 1st Quarter of 2010. Â The Company will pay a dividend of $0.11 per share to stockholders of record March 15, 2010. Â The dividend will be paid March 31, 2010. Â This is the sixth consecutive year that Cheviot Financial Corp. has increased its dividend.

Cheviot MHC, the Company's mutual holding company parent, will waive receipt of the dividend.
Cheviot Financial Corp. is traded on the NASDAQ under the symbol CHEV.

Cintas Corporation (NASDAQ: CTAS) Cincinnati, OH March 18, 2010 reported results for the third quarter of its fiscal year 2010, which ended on February 28, 2010. Revenues for the third quarter were $861.8 million and earnings per share were $0.32. Both third quarter revenues and earnings per share slightly exceeded the top end of the Company's previously released guidance issued on February 16, 2010. The third quarter of fiscal year 2010 had one fewer workday than both last year's fiscal third quarter and the second quarter of this fiscal year. When adjusting for the one fewer workday in this year's third quarter, revenues were 3.7% less than last year's third quarter, an improvement from the 10.2% decline experienced in our second quarter ending November 30, 2009, versus the prior year's second quarter. Revenues were comparable to the first two quarters of this fiscal year when adjusting for workday differences.

Scott D. Farmer, Chief Executive Officer, stated, "We are encouraged that job losses appear to be moderating from what we saw in calendar year 2009. However, we believe job recovery will continue to be sluggish and thus our revenues will be slow to return to prior levels. Despite the weather difficulties and holiday shut downs during our third quarter, our revenues and margins met our internal plan."

Mr. Farmer continued, "Our expectations for our fourth quarter remain unchanged from our previously released guidance. We expect revenues to be between $870 and $890 million and earnings per share to be between $0.30 and $0.34. Our businesses continue to be profitable, generating positive cash flow. During the third quarter, we increased cash and marketable securities by over $70 million. With total cash and marketable securities of over $550 million at February 28, 2010, our balance sheet is very strong. Last week, we paid our annual dividend to our shareholders amounting to $0.48 per share, an increase from $0.47 paid last year. We have increased our dividend every year since going public in 1983."

Scott Farmer concluded, "We remain confident about the future because of our strong market share position and balance sheet, and most importantly, due to the quality and ability of our employee-partners who have continued their commitment to taking care of our customers and focusing on managing costs."

Headquartered in Cincinnati, Cintas provides highly specialized services to businesses of all types primarily throughout North America. Cintas designs, manufactures and implements corporate identity uniform programs, and provides entrance mats, restroom supplies, promotional products, first aid, safety, fire protection products and services and document management services for approximately 800,000 businesses.

Citizens Holding Company (NASDAQ: CIZN) Philadelphia, MS, March 15, 2010, Board of Directors declared a cash dividend of $0.21 per share payable March 31, 2010, to shareholders of record as of March 15, 2010.

This dividend represents an increase of 5.0% over the dividends paid in the first quarter of 2009.

Citizens Holding Company is a one-bank holding company and the parent company of The Citizens Bank of Philadelphia, both headquartered in Philadelphia, Mississippi. The Bank has twenty-three full service banking locations in ten counties in East Central Mississippi in addition to a Loan Production Office in Biloxi, Mississippi. In addition to full service commercial banking, the Company offers mortgage loans, title insurance services through its subsidiary, Title Services, LLC and a full range of Internet banking services including online banking, bill pay and cash management services for businesses.

Clifton Savings Bancorp, Inc. (NASDAQ:CSBK) Atlanta, GA, March 25, 2010, announced an increase in its quarterly dividend. The dividend has been raised from $0.05 to $0.06. The dividend increase will become effective with the quarterly dividend declared for the quarter ended March 31, 2010.

Clifton Savings Bancorp recently announced the approval of the repurchase of up to 300,000 shares of its outstanding common stock. The shares will be purchased from Clifton MHC. The repurchases will be conducted through the Rule 10b5-1 repurchase plan. The repurchased shares will be held in treasury. This marks the company’s 9th repurchase plan since it became public in March 2004.

Clifton Savings Bancorp, Inc. is a holding company for Clifton Savings Bank (Clifton Savings). Clifton Savings is a federally chartered savings bank. Clifton Savings operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area. It attracts deposits from the general public and uses those funds to originate one- to four-family, multi-family and commercial real estate, and consumer loans, which it holds for investment. Clifton Savings has one wholly owned subsidiary, Botany Inc., which is an investment company. Clifton Savings is headquartered in Clifton, New Jersey. In addition to its main office located in Passaic County, Clifton Savings operates nine branch offices in Bergen and Passaic Counties, which, along with Essex, Morris, Hudson and Union Counties, comprise its primary market area.

Constellation Software Inc (TSE: CSU) Toronto, Ontario, March 3, 2010, announced its financial results for the fourth quarter and fiscal year ended December 31, 2009, and declared a $0.26 per share dividend payable on March 31, 2010 to all common shareholders and class A non-voting shareholders of record at close of business on March 17, 2010. Please note that all dollar amounts referred to in this press release are U.S. Dollars unless otherwise stated. The increased common dividend is a twenty percent increase over the prior common dividend.

Constellation's common shares are listed on the Toronto Stock Exchange under the symbol "CSU". Constellation Software is an international provider of market leading software and services to a number of industries across both the public and private sectors. The Company acquires, manages and builds vertical market software businesses that provide mission-critical software solutions to address the specific needs of its customers in those industries.

Cousins Properties Incorporated (NYSE: CUZ) Atlanta, GA, March 11, 2010 announced today the results of the shareholders' elections relating to Cousins' first quarter common stock dividend of $0.09 per share declared by its Board of Directors on January 15, 2010.

The dividend will consist of approximately $2,997,000 in cash and 820,000 shares of common stock. The amount of cash elected to be received was greater than the cash limit of 33.34% of the total value of the dividend or approximately $2,997,000, and therefore, shareholders who elected to receive all cash will receive a combination of cash and stock. The number of shares included in the dividend is calculated based on the $7.30 average closing price per share of Cousins' common stock on the New York Stock Exchange on March 3, March 4 and March 5, 2010.

The dividend of $0.09 per share will be paid as follows: to shareholders electing to receive the dividend in all stock, Cousins will pay the entire dividend in common stock; to shareholders either electing to receive the dividend in all cash or failing to make an election, Cousins will pay the dividend in the form of $0.034663 per share in cash and $0.055337 per share in common stock; and Cousins will pay fractional shares in cash.

The issuance of approximately 820,000 shares of Cousins' common stock pursuant to this dividend resulted in an effective increase of 0.0082% in shares of common stock outstanding on the record date of February 1, 2010.

Cousins Properties Incorporated is a leading diversified real estate company with extensive experience in development, acquisition, financing, management and leasing. Based in Atlanta, the Company actively invests in office, multi-family, retail, and land development projects. Since its founding in 1958, Cousins has developed 20 million square feet of office space, 20 million square feet of retail space, more than 3,500 multi-family units and more than 60 single-family neighborhoods.

Dreyfus High Yield Strategies Fund ( (NYSE: DHF) March 24, announced that its board of trustees has approved a higher monthly cash dividend from net investment income of USD0.043 per share.

This represents an increase of USD0.008 from the previously declared monthly net investment income dividend of USD0.035 per share.

The new dividend will be paid on 26 April 2010 to all shareholders of record at the close of business on 9 April 2010 and the ex-dividend date is 7 April 2010.

The dividend increase is due primarily to income earned on DHF's portfolio securities, the fund said. DHF's accumulated undistributed investment income-net was approximately USD9.8m as of 28 February 2010.

Franklin Resources, Inc. NYSE: BEN) March 16, 2010, San Mateo, CA,
announced a quarterly cash dividend of $0.22 per share payable on April 9, 2010 to stockholders of record holding shares of common stock at the close of business on March 31, 2010. The quarterly dividend of $0.22 is equivalent to the dividend paid for the prior quarter and represents a 5% increase over the quarterly dividend paid for the same quarter last year.

Franklin Resources, Inc. is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $556 billion in assets under management as of February 28, 2010.

Garmin (NASDAQ: GRMN) Camana Bay, Cayman Islands, March 17, 2010 announced a one-time doubling of its annual dividend.. The company will pay out $1.50 instead of its regular $0.75 payout on April 30 to shareholders as of April 15.

Garmin Ltd. Is a provider of navigation, communication and information devices and applications, which are enabled by global positioning system (GPS) technology. The company designs, develops, manufactures and markets a range of hand-held, portable and fixed-mount GPS-enabled products and other navigation, communications and information products for the automotive/mobile, outdoor/fitness, marine and general aviation markets. The company operates in four segments: Marine, Automotive/Mobile, Outdoor/Fitness and Aviation.

General Dynamics Corp. (NYSE: GD) Falls Church, VA March 3, 2010 announced that its board of directors has approved a 10.5% boost in the company’s quarterly dividend.

The business aviation company said its dividend will increase to 42 cents a share, up from 38 cents, previously. Shareholders of record on or before April 9 will be eligible to be paid the dividend on May 7, 2010.

General Dynamics Corporation (General Dynamics) offers a portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; shipbuilding design and construction, and information systems, technologies and services. dGeneral Dynamics operates through four business groups: Aerospace, Combat Systems, Marine Systems, and Information Systems and Technology. The Company’s primary customers are the United States Department of Defense and the intelligence community. It has also developed relationships with other United States Government customers, including the Department of Homeland Security and several first-responder agencies. On September 2, 2009, General Dynamics Advanced Information Systems, a business unit of General Dynamics, completed the acquisition of Axsys Technologies, Inc. On January 26, 2009, the Company acquired an information technology services business that performs work for its classified customers.

General Mills (NYSE: GIS) Minneapolis, MN, March 15, 2010 reported that the board declared a quarterly dividend at the prevailing rate of $.49 per share, payable May 3, 2010, to shareholders of record April 12, 2010.

The fiscal 2010 annual dividend of $1.92 per share represents a 12 percent increase from dividends of $1.72 per share paid in fiscal 2009. General Mills and its predecessor firm have now paid dividends without reduction or interruption for 111 years.

One of the world's leading food companies, General Mills operates in more than 100 countries and markets more than 100 consumer brands, including Cheerios, Haagen-Dazs, Nature Valley, Betty Crocker, Pillsbury, Green Giant, Old El Paso, Progresso, Cascadian Farm, Muir Glen and more. Headquartered in Minneapolis, Minnesota, USA, General Mills had fiscal 2009 global net sales of US$15.9 billion, including the company's $1.2 billion proportionate share of joint venture net sales.

Guess?, Inc. (NYSE: GES) March 17, 2010, declared its quarterly dividend of sixteen cents per share, an increase of about twenty eight percent over its prior dividend. Based on the current stock price, investors can expect a yield of about 1.3% going forward.

Guess?, Inc. designs, markets, distributes and licenses lifestyle collections of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. The Company’s apparel is marketed under various trademarks, including GUESS, GUESS?, GUESS U.S.A., GUESS Jeans, GUESS? and Triangle Design, Question Mark and Triangle Design, a stylized G, GUESS Kids, Baby GUESS, YES, G by GUESS, GUESS by MARCIANO and MARCIANO. The lines include collections of denim and cotton clothing, including jeans, pants, skirts, dresses, shorts, blouses, jackets and knitwear. The Company's operates in four segments: retail, wholesale, European and licensing. During the fiscal year ended January 31, 2009,(fiscal 2009), 46.7% of the Company’s net revenue was generated from retail operations, 14.2% from wholesale operations, 34.3% from European operations and 4.8% from licensing operations. On January 16, 2008, the Company acquired BARN.

Hingham Institution for Savings (NASDAQ: HIFS) Hingham, MA., March 25, 2010, announced that its Board of Directors declared a regular quarterly cash dividend of $0.23 per share. The dividend will be paid on April 20, 2010 to stockholders of record as of April 9, 2010
Robert H. Gaughen, Jr., President and Chief Executive Officer of the Bank, in announcing the dividend, stated, "Our Bank continued its record of maintaining solid capital ratios and sound asset quality while achieving strong growth in the balance sheet and a 28% increase in our bottom line for the fiscal year ended December 31, 2009. This 65th consecutive quarterly dividend represents a 4.5% increase over the prior quarter's dividend which reflects our Board's commitment to a healthy dividend policy that reflects confidence in our ongoing success. We are proud of the fact that we have increased cash dividends to shareholders in each of the past 15 years."

In addition to regular quarterly cash dividends, Hingham Institution for Savings has declared special cash dividends in each of the last fifteen years. Future dividends will be considered by the Board of Directors on a quarterly basis.

Hingham Institution for Savings is a Massachusetts-chartered savings bank located in Hingham, Massachusetts. Incorporated in 1834, it is the oldest financial institution headquartered in Hingham and one of the oldest in the Commonwealth. The Bank's main offices are located on Main Street, Hingham, Massachusetts 02043, phone (781) 749-2200. The Bank also maintains branch offices in South Hingham and the neighboring towns of Cohasset, Hull, Norwell, Scituate, and Weymouth, as well as the South End of Boston.

Inmarsat, (PINK:IMASY) Dubai, March 10, 2010 the provider of global mobile satellite communications services, reported an 11.9 per cent increase in net profits to $594.2 million (Dh2.18 billion) last year, up from $531.2 million the previous year.

Inmarsat's revenues grew 4.2 per cent to $1.03 billion, up from $996.7 million in 2008 while adjusted earnings per share (EPS) rose 26.7 per cent to $0.38, up from $0.30. The full year dividend increased 10 per cent and free cash flow rose 54 per cent to $349 million.

Andrew Sukawaty, Inmarsat's chairman and chief executive officer, said, "We finished the year strongly and continue to see good trading conditions in all our markets. 2009 was a transformational year for our satellite network, our service portfolio and our distribution arrangements, giving us a strong platform to maintain our market leadership. We are entering 2010 with a positive outlook, revenue growth momentum and new growth opportunities ahead of us."

The land mobile sector revenue growth of 3.3 per cent was mainly due to growth in broadband global area network (BGAN) service. BGAN revenue for the year increased by 33 per cent as a result of growth in subscribers and migration from older services. BGAN ARPU strengthened in the second half of the year to $288 per month in the fourth quarter.

"We also saw growth in revenue from our low data rate services, showing the benefit of our collaboration with SkyWave which was completed during the year," Sukawaty said.

The newly announced dividend will be paid as a second interim dividend and will be paid in lieu of a final dividend for the 2009 financial year. The dividend payment date will be April 1 to holders of record on March 19, 2010, the company said. Together with the interim dividend of 12.73 cents paid in October 2009, the total dividend for 2009 will be 33.36 cents, an increase of 10.0 per cent on the total 2008 dividend.

Isabella Bank Corp. (OTC: ISBA) Mt. Pleasant, MI, March 7, 2010 Richard Barz, chief executive officer of Isabella Bank Corp. announced Friday that the corporation's Board of Directors has declared a first-quarter cash dividend of 18 cents per share.

The dividend will be payable on March 31 to shareholders of record as of March 11.

The board set the dividend at its regular meeting on Feb. 24.

This cash dividend represents a 2.85 percent increase compared to the 2009 average quarterly dividend.

Isabella Bank Corporation is a financial services holding company. The Company has three subsidiaries: Isabella Bank (the Bank), IB&T Employee Leasing, LLC, and Financial Group Information Services. Isabella Bank has 24 banking offices located throughout Clare, Gratiot, Isabella, Mecosta, Montcalm, and Saginaw Counties. IB & T Employee Leasing, LLC, is an employee leasing company. Financial Group Information Services renders computer services to the Company and its subsidiaries. On January 1, 2008, the Company acquired Greenville Community Financial Corporation (GCFC).

Leggett and Platt (NYSE: LEG) Carthage, MO, February 28, 2010 announced a first quarter dividend is $0.26 per share, an increase of 4% versus first quarter 2009. The indicated dividend yield is 5.4%. Dividends have increased for 39 consecutive years, at a 14% compound annual growth rate.

Leggett & Platt's Board of Directors announced a dividend of $0.26 per share for the first quarter, a 4% increase versus the dividend declared in the first quarter of 2009. The dividend will be paid on April 15, 2010 to shareholders of record on March 15, 2010.

Leggett has increased its annual dividend for 39 consecutive years, at an average compound growth rate of 14%. A member of Standard & Poor's Dividend Aristocrats, Leggett & Platt knows of no other S&P 500 company that has achieved as long a string of consecutive annual dividend increases at the growth rate Leggett has sustained.

Leggett & Platt is a diversified manufacturer (and member of the S&P 500) that conceives, designs and produces a broad variety of engineered components and products that can be found in most homes, offices, and automobiles. The company serves a broad suite of customers that comprise a "Who's Who" of U.S. manufacturers and retailers. The 127-year-old firm is comprised of 19 business units, 19,000 employee-partners, and more than 140 manufacturing facilities located in 18 countries.

Leggett & Platt is North America's leading independent manufacturer of: a) components for residential furniture and bedding; b) components for office furniture; c) drawn steel wire; d) automotive seat support and lumbar systems; e) carpet underlay; f) adjustable beds; and g) bedding industry machinery for wire forming, sewing and quilting.

Lennox International Inc. (NYSE: LII) Dallas, TX, March 12, 2010 voted to increase the quarterly cash dividend 7 percent, from $0.14 per share of common stock to $0.15 per share of common stock. The dividend is payable on April 15, 2010 to stockholders of record as of March 26, 2010.
Through its subsidiaries, Lennox International Inc. is a global leader in the heating, ventilation, air conditioning, and refrigeration markets.

Mead Johnson Nutrition (NYSE: MJN) March 17, 2010 Evansville, IN, announced an increase in its dividend and it also plans to repurchase up to $300 million of its common stock.

The Evansville-based company's board of directors approved a quarterly dividend of 22.5 cents per share for the quarter ending March 31, up from 20 cents per share. Dividends will be paid April 1 to shareholders of record as of March 24.
The board also authorized a stock repurchase program that will be carried out in the open market or privately negotiated transactions.

In a press release, Mead Johnson Chief Executive Officer Stephen W. Golsby said the board's decisions "are based on the company's solid financial performance over the past year, as well as confidence in our future growth prospects and ability to generate strong cash flow."

Mead Johnson develops, manufactures, markets and distributes pediatric nutrition products that include Enfamil infant formula.

Medicis Pharmaceutical Corporation (NYSE: MRX) Scottsdale, AZ, March 10, 2010 announced that its Board of Directors declared a quarter-end cash dividend of $0.06 per issued and outstanding share of its Common Stock payable on April 30, 2010, to stockholders of record at the close of business on April 1, 2010.
This represents a 50% increase compared to the Company's previous $0.04 dividend, and is the Company's first dividend increase since March 2008.

Medicis is the leading independent specialty pharmaceutical company in the United States focusing primarily on the treatment of dermatological and aesthetic conditions. The Company is dedicated to helping patients attain a healthy and youthful appearance and self-image. Medicis has leading branded prescription products in a number of therapeutic and aesthetic categories. The Company's products have earned wide acceptance by both physicians and patients due to their clinical effectiveness, high quality and cosmetic elegance.

The Company's products include the brands DYSPORT(TM) (abobotulinumtoxinA) 300 Units for Injection, PERLANE(R) Injectable Gel, PERLANE-L(TM) Injectable Gel with 0.3% Lidocaine, RESTYLANE(R) Injectable Gel, RESTYLANE-L(TM) Injectable Gel with 0.3% Lidocaine, DYNACIN(R) (minocycline HCl Tablets, USP), LOPROX(R) (ciclopirox) Gel 0.77% and Shampoo 1%, PLEXION(R) (sodium sulfacetamide 10% and sulfur 5%) Cleanser, Cleansing Cloths and Cream, SOLODYN(R) (minocycline HCl, USP) Extended Release Tablets, TRIAZ(R) (benzoyl peroxide) 3%, 6% and 9% Cleansers and Pads, and 3% and 6% Foaming Cloths, VANOS(R) (fluocinonide) Cream 0.1%, ZIANA(R) (clindamycin phosphate 1.2% and tretinoin 0.025%) Gel, AMMONUL(R) (sodium phenylacetate and sodium benzoate) Injection 10%/10%, BUPHENYL(R) (sodium phenylbutyrate) Tablets and Powder, the LIPOSONIX(TM) system1 and the over-the-counter brand ESOTERICA(R).

Myers Industries, Inc. (NYSE: MYE) March 5, 2010, Akron, OH declared an increased quarterly dividend of $0.065 per share payable April 5, 2010, to shareholders of record as of March 12, 2010.

The board believes that it is important to continue to increase a return to shareholders through the Company's dividend, and the 8 percent increase reflects the board's confidence in the Company's performance and strategic direction.

Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest wholesale distributor of tools, equipment, and supplies for the tire, wheel, and under-vehicle service industry in the U.S.

North Penn Bancorp, Inc., (OTC Bulletin Board: NPBP) Scranton, PA, March 26, 2010, the holding company for North Penn Bank, has approved a 33% increase in the Company's quarterly dividend on its outstanding common stock from $0.03 to $0.04 per share. In addition, the Company approved a special cash dividend of $0.05 per share on its outstanding common stock. Both the quarterly cash dividend and the special cash dividend will be payable on or about April 30, 2010 to shareholders of record as of the close of business on April 15, 2010.

"We believe this cash dividend increase and the payment of a special cash dividend, combined with our share repurchase program, reflects the strength of our business and of our ability to continue to deliver strong results," said Frederick L. Hickman, President and Chief Executive Officer. "We are confident about our opportunities to grow our franchise while also delivering value to our shareholders."

North Penn Bancorp, Inc. has five offices in Lackawanna and Monroe counties.

NYMAGIC, INC. (NYSE: NYM) New York, NY, March 5, 2010 announced that it has declared a dividend to shareholders of ten cents per share, payable on April 6, 2010 to shareholders of record on March 31, 2010. This quarterly dividend represents an increase of four cents per share over the Company's fourth quarter 2009 dividend, and six cents per share over the Company's third quarter 2009 dividend.

George Kallop, President and Chief Executive Officer commented, "The recent increases in dividends to our shareholders are a reflection of our excellent performance in 2009 and our continued confidence in the prospects for the growth of the Company."

NYMAGIC, INC. is an insurance holding company whose property and casualty insurance subsidiaries specialize in underwriting ocean marine, inland marine and non-marine liability insurance, and whose agency subsidiaries specialize in establishing markets for such business. The Company maintains offices in New York and Chicago.

One Liberty Properties, Inc. (NYSE: OLP) Great Neck, NY, March 9, 2010 announced that its Board of Directors has reinstituted its cash dividend policy and today declared a quarterly cash dividend on the Company's common stock of $0.30 per share, an increase of 36% over the level of the quarterly dividends paid in 2009. The dividend is payable on April 6, 2010 to stockholders of record as of March 26, 2010.DOWN

One Liberty CEO Patrick Callan said, "business has stabilized, and we look forward to being proactive in 2010 in the acquisition area, as evidenced by our purchase in February of this year of a 194,000 square foot shopping center located in suburban Philadelphia for $23.5 million."

One Liberty Properties also announced fourth-quarter revenues slightly ahead of street consensus of $9.5 million, at $9.8 million in revenues for the final quarter of 2009.

One Liberty Properties, Inc (OLP) is a self-administered and self-managed real estate investment trust (REIT). The Company acquires, owns and manages a geographically diversified portfolio of retail (including furniture and office supply stores), industrial, office, flex, health and fitness and other properties, a substantial portion of which are under long-term leases. Substantially all of its leases are net leases, under which the tenant is typically responsible for real estate taxes, insurance and ordinary maintenance and repairs.

As of December 31, 2008, the Company owned 79 properties, three of which are vacant, and one of which is a 50% tenancy in common interest, and participated in five joint ventures that own five properties, one of which is vacant. The Company’s properties and the properties owned by its joint ventures are located in 29 states and have an aggregate of approximately 6.1 million square feet of space.

PepsiCo Inc.
(NYSE: PEP) New York, NY, March 15, 2010 board approved a 7% increase in its dividend and authorized the repurchase of up to $15 billion of its stock through June 2013.

PepsiCo recently completed the purchase of its two largest bottlers.

Pepsi said it plans to buy some $4.4 billion of stock this year, a portion of which will be executed under the previous repurchase authorization.

PepsiCo will raise its dividend to an annual rate of $1.92 a share from $1.80. Makers of consumer packaged goods, like PepsiCo, are cash rich and tend to pay steady dividends.

Prospect Capital Corporation (NASDAQ: PSEC) New York, NY, March 18, 2010, has declared a third fiscal quarter (for the fiscal year ending June 30, 2010) cash distribution of $0.41 per share. 

This distribution marks the Company's 22nd consecutive quarterly increase. The ex-dividend date is Monday, March 29, 2010. The record date is Wednesday, March 31, 2010. The payment date is Friday, April 23, 2010.

Qualcomm Inc. (NASDAQ: QCOM) San Diego, CA March 1, 2010 announced late Monday its board of directors has approved a 12 percent increase in the company's dividend and a new stock repurchase program with a cap of $3 billion.

The dividend increase is effectively immediately and will show up in the next dividend payable on Mar. 28. Dividend payments will increase from 17 to 19 cents a share, making the annual dividend payout 76 cents a share.

The tech company said the share buyback program does not have an expiration date and that the timing and size of repurchased will depend on market conditions. The repurchases will be made with the use of Qualcomm's cash resources.
"The strength of our business model is enabling significant investments in our strategic business initiatives while returning capital to stockholders," said Dr. Paul E. Jacobs, chairman and CEO of Qualcomm. "Since commencing this program in 2003, we have returned $12.6 billion to our stockholders through a combination of dividends and stock repurchases."

Qualcomm is the leader in wireless communications devices that are based on CDMA technology.

Raven Industries, Inc. (Nasdaq: RAVN) Souix Falls, SD, March 21, 2010 announced that its board of directors approved a 14 percent increase in the company's regular quarterly cash dividend to 16 cents per share. The dividend is payable April 15, 2010, to shareholders of record on March 31, 2010. This is the company's 24th consecutive annual cash dividend increase.

Raven is an industrial manufacturer that provides electronic precision-agriculture products, reinforced plastic sheeting, electronics manufacturing services and specialty aerostats and sewn products to niche markets.

Raytheon Company (NYSE: RTN) Waltham, MA, March 24, 2010 announced that its Board of Directors has voted to increase the Company's annual dividend payout rate by 21 percent from $1.24 to $1.50 per share. The Board also authorized payment of a quarterly cash dividend of $0.375 per outstanding share of common stock to be paid on April 29, 2010 to shareholders of record as of the close of business on April 6, 2010. Payment of quarterly dividends is subject to Board authorization.

The Board of Directors also authorized the repurchase of up to an additional $2.0 billion of the Company's outstanding common stock. Share repurchases will take place from time to time at management's discretion depending on market conditions.

"The Board's decision to substantially increase our dividend and to authorize additional share repurchases reflects our Company's strong financial position, our continued confidence in our future and our ongoing commitment to our shareholders," said William H. Swanson, Raytheon's Chairman and CEO.

Raytheon Company, with 2009 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 88 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 75,000 people worldwide.

Realty Income Corporation, The Monthly Dividend Company(R), (NYSE: O) Escondido, CA, March 23, 2010, announced that its Board of Directors has declared an increase in the Company's common stock monthly cash dividend to $0.1433125 per share from $0.143 per share.

The dividend is payable on April 15, 2010 to shareholders of record as of April 1, 2010. This is the 50th consecutive quarterly increase and the 57th dividend increase since Realty Income went public in 1994. The new monthly dividend amount represents an annualized dividend amount of $1.71975 per share as compared to the previous annualized dividend amount of $1.716 per share. The Company continues its long-term policy of declaring and paying dividends on a monthly, rather than on a quarterly, basis.

Tom A. Lewis, Chief Executive Officer of Realty Income commented, "We are pleased that, despite challenging economic conditions, our operations allow us to once again increase the amount of the dividend we pay to our shareholders. With the payment of the April dividend we will have made 477 consecutive monthly dividend payments."

Realty Income, The Monthly Dividend Company(R), is a New York Stock Exchange real estate company dedicated to providing shareholders with dependable monthly income. To date the Company has declared 477 consecutive common stock monthly dividends throughout its 41-year operating history and increased the dividend 57 times since Realty Income's listing on the New York Stock Exchange in 1994. The monthly dividend is supported by the cash flow from over 2,300 retail properties owned under long-term lease agreements with leading regional and national retail chains. The Company is a buyer of net-leased retail properties nationwide.

RiverSource LaSalle International Real Estate Fund, Inc., (NYSE: SLS) Minneapolis, MN, March12, 2010 (formerly Seligman LaSalle International Real Estate Fund, Inc.) declared a first quarter distribution of $0.085 per share of Common Stock. Dividends on common stock will be paid on March 29, 2010 to common stockholders of record on March 22, 2010. The ex-dividend date for the common stock is March 18, 2010.

The $0.085 per share dividend on the common stock is in accordance with the Fund's earned distribution policy.

The Fund is managed by RiverSource Investments, LLC, a wholly owned subsidiary of Ameriprise Financial, Inc. RiverSource Fund Distributors, Inc. is the principal underwriter of the mutual funds in the RiverSource Family of Funds.

Roche Holding AG (OTC: RHHBY) Basel, Switzerland, March 2, 2010 shareholders approved a 20 percent increase in the dividend, prompting the share price to raise.

The dividend increase to 6 Swiss francs ($5.6) per share was authorized at Roche's annual general assembly in Basel.
Roche last month reported a 22 percent drop in full-year net profit to 8.51 billion francs ($8.06 billion), citing costs linked to the takeover of California-based Genentech.

Roche Holding AG is a Switzerland-based pharmaceuticals and diagnostics company. The Company belongs to the Roche Group that operates through numerous subsidiaries and associated companies located around the world. The Company discovers, develops and provides diagnostic and therapeutic products and services from early detection and prevention of diseases to diagnosis, treatment and treatment monitoring. Roche operates through two divisions: Pharmaceuticals and Diagnostics. Within the Pharmaceuticals Division there are three sub-divisions: Roche Pharmaceuticals, Genentech and Chugai. The Company’s Diagnostics Division includes five sub-divisions: Roche Applied Science, Roche Diabetes Care, Roche Molecular Diagnostics, Roche Tissue Diagnosis and Roche Professional Diagnostics. Its activities are structured into six geographical segments: North America; Asia-Pacific; Western Europe; Latin America; Central and Eastern Europe, Middle East and Africa (CEMAI), and Japan.

Seacliff Construction Corp. (CA: SDC) Vancouver, British Columbia, March 4, 2010.
On March 3, 2010, Seacliff's Board of Directors declared a dividend of $0.06 per share, payable on March 31, 2010 to shareholders of record on March 15, 2010. Valued at $1.3 million, these dividends will be eligible for Canadian tax purposes. This represents a 20% increase in the quarterly dividend, reflecting Seacliff's confidence in the sustainability of its dividend policy, as well as its positive outlook for the future and belief that its strategy for continued growth is attainable.

Seacliff Construction Corp., one of the largest and most diversified construction companies in Western Canada, today reported its financial results for the three and 12 months ended December 31, 2009.

Seacliff conducts its operations through three business units - Dominion Construction (or "Dominion"), a general contractor, Canem Systems (or "Canem"), which designs, builds, maintains and services electrical and data communication systems, and the Broda Construction Group (or "Broda"), a heavy construction company specializing in aggregate processing, earthwork, civil construction and concrete production.

"2009 was a record year for Seacliff," said Bill Crarer, Seacliff's CEO. "In addition to generating year-over-year growth in our annual revenue, gross profit, EBITDA and adjusted net income, we acquired two solid companies that contributed to our strong results and further strengthened our ability to execute on our strategy of growth, both organically and through acquisition. These milestone events, together with our decision to implement a quarterly dividend policy last March, contributed to a great year for Seacliff - and our shareholders."

On March 20, 2009, Seacliff's Board of Directors announced the implementation of a cash dividend policy reflecting its confidence in the Corporation's financial position and its commitment to returning value to shareholders. Since then, Seacliff has paid shareholders four quarterly dividends of $0.05 per share.

SNC-Lavalin (TSE: SNC) Montreal, Canada, March 5, 2010 is raising its dividend following a solid increase to its profits last year. SNC hiked the quarterly dividend by 13% to $0.17 per share. SNC has been consistently raising their dividend year after year.

SNC-Lavalin Group Inc. (SNC-Lavalin) provides its clients with engineering and construction, and operations and maintenance knowledge. The Company has a network of offices located across Canada and in over 35 other countries globally. The services provided by the Company includes contracts in which SNC-Lavalin provides engineering services, feasibility studies, planning, detailed design, contractor evaluation and selection, project and construction management, and commissioning. Packages include contracts in which SNC-Lavalin takes on the responsibility not only of providing one or more of the services activities, but also takes the responsibility of providing materials/equipment and/or construction activities. Packages contracts include engineering services, providing materials/equipment and construction activities. In May 2009, the Company acquired the engineering and technical services firm, Spectrol Energy Services Inc. In December 2009, the Company acquired Marte Engenharia Ltda.

The Stanley Gibbons Group plc, based in Jersey, comprising principally the businesses of Stanley Gibbons, Fraser's Autographs and Collector Café, today announced its audited results for the year ended 31 December 2009.

Key Financial Highlights

• Sales up 20% to £23.4m (2008: £19.4m)
• Profit before tax of £4.1m (2008: £3.7m) and Earnings Per Share of 14.7p (2008: 13.2p), both up
• EBITDA of £4.3m (2008: £3.8m), up 13%
• Proposed final dividend of 3p per share (2008: 2.75p per share), up 9% giving a total dividend for
the year of 5p (2008: 4.75p), up 5%
• Cash inflow from operating activities in year of £4.9m (2008: cash outflow from operating
activities of £0.6m), an improvement of £5.5m
• Cash funds at 31 December 2009 of £3.1m (2008: £0.6m)
• Stock levels at 31 December 2009 of £9.3m (2008: £11.7m), down by 21%


• Major refurbishment of our flagship retail premises at 399 Strand scheduled for completion in
April 2010
• Growing awareness of stamp collecting resulting from the London 2010 Festival of Stamps in
• Re-launch of our website in Q4 2010
• Launch of rare stamp investment fund in second half of 2010
• Market values for rare stamps and signatures continuing to be robust during recent period of
economic volatility
• Excellent performance from auction activities in 2009. Incomes up 16% and profits up 49% with
good prospects in 2010
• Entry into Chinese market through possible strategic alliance
• Investment office in Jersey opened on schedule at end of 2009 with marketing and PR campaign,
repeating in 2010 the success of the Guernsey office opened in 2006
• Potential strategic acquisitions being assessed to strengthen brand offering and extend the range of
our services

Martin Bralsford, Chairman, commented:

“Our strategy is unchanged but we continue to improve on its execution. Whilst I am content with the
overall performance of the Stanley Gibbons Group plc for the year ended 31 December 2009, it was below
our expectations at the start of the year. However, apart from sales growing by over 20% and profits up by
11%, we also made substantial progress in the realisation of our core strategic objectives. We look forward
to recognising the benefits in 2010 and beyond.

Staples, Inc. (NASDAQ: SPLS) Framingham, MA announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.09 per share, an increase of nine percent over the previous quarterly cash dividend of $0.0825 per share. On an annualized basis, the quarterly dividend is equal to $0.36 per share from the $0.33 per share that the company paid in 2009. The dividend is payable on April 15, 2010, to shareholders of record on March 26, 2010.

Staples is the world's largest office products company. Staples operates in 25 countries throughout North and South America, Europe, Asia and Australia serving businesses of all sizes and consumers. Staples invented the office superstore concept in 1986 and today ranks second worldwide in e-commerce sales. The company is headquartered outside Boston.

Starbucks Corporation (NASDAQ: SBUX) SEATTLE, WA, March 24, 2010 announced that its Board of Directors has approved the initiation of a cash dividend to its shareholders. The quarterly dividend of $0.10 per share will be paid on April 23, 2010, to shareholders of record on the close of business on April 7, 2010. While future dividends will be subject to Board approval, Starbucks announced that it is initially targeting a dividend payout range of 35 percent to 40 percent of net income.

Starbucks Board of Directors has also authorized the repurchase of 15 million shares of the Company's common stock. This authorization is in addition to 6.3 million shares that remain available for repurchase under previous authorizations.
"We are confident in the overall financial strength of our business and the strong cash flow it continues to generate," said Troy Alstead, executive vice president and cfo. "Starbucks solid cash position and cash flow outlook enable the Company to invest in future profitable growth through stores, innovation and new platforms, while also returning cash to our shareholders through the initiation of a dividend and future share repurchases."

Starwood Property Trust (NYSE:STWD) Greenwich, CT, March 8, 2010, announced its quarterly dividend of 22 cents per share, an increase of about 120% over its prior dividend in December of 10 cents.

Starwood Property Trust, Inc. is a newly formed company that is focused primarily on originating, investing in, financing and managing commercial mortgage loans and other commercial real estate-related debt investments. Starwood Property Trust, Inc. is externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group, and intends to elect to be taxed as a real estate investment trust for U.S. federal income tax purposes.

Swiss Re, (OTC:SWCEY) Zurich, Switzerland, March 12, 2010, which returned to profitability last year with 2009 net income of $468 million, said it planned to increase its dividend tenfold.
The company said the proposed dividend to be approved at its annual shareholder meeting April 7 in Zurich, Switzerland would amount to 1 Swiss franc (U.S. 94 cents) per share compared to 10 centimes (9 cents at current exchange rates).

Its dividend increase proposal "reflects the improved captial base and profitability of the company," Swiss Re said. In 2008 the company posted an $800 million loss.

SWS Group, Inc. (NYSE: SWS) Dallas, TX, March 3, 2010, declared a quarterly cash dividend of 9 cents per share at its meeting Wednesday, March 3, 2010.

The dividend will be payable on April 1, 2010 to common shareholders of record as of March 15, 2010.

SWS Group, Inc. has paid a cash dividend every quarter since becoming a public company. The cash dividend declared Wednesday will be the company's 74th consecutive quarterly dividend.

SWS Group, Inc. is a Dallas-based financial services company offering a broad range of services through its subsidiaries – Southwest Securities, Inc., Southwest Securities, FSB and SWS Financial Services, Inc. The company's common stock is listed and traded on the New York Stock Exchange under the symbol SWS.

Teekay Tankers Ltd. (NYSE: TNK) Hamilton, Bermuda, March 4, 2010, declared a cash dividend of $0.26 per share for the quarter ended December 31, 2009, up from $0.15 per share in the previous quarter. The company also reported fourth quarter adjusted net income of $4.5 million, or $0.14 per share (excluding an unrealized gain of $3.4 million, or $0.11 per share, relating to the change in fair value of an interest rate swap agreement).

It also reported an earned average TCE rates of $15,283 per day on the spot Aframax fleet and $20,939 per day on the spot Suezmax fleet during the quarter. The company had total liquidity of $134 million as at December 31, 2009.

which will be paid on March 15, 2010 to all shareholders of record on March 8, 2010.

"Our fourth quarter results benefited from higher rates earned by our vessels on fixed-rate charters which enabled us to declare an attractive dividend of $0.26 per share despite weak spot tanker rates during most of the quarter," commented Bjorn Moller, Teekay Tankers' Chief Executive Officer. "The spot tanker market strengthened near the end of the fourth quarter and into January due to a combination of improving economic fundamentals worldwide, seasonal factors, and the continued use of tankers for floating storage, all of which contributed to tighter supply and demand fundamentals."

Mr. Moller continued, "We have positioned Teekay Tankers' fleet in anticipation of further spot tanker market volatility in 2010. Currently, we have locked-in approximately 55 percent of our 2010 vessel operating days at fixed rates averaging over $26,500 per day leaving the rest of our vessel days to benefit from any upside in the spot market. Combined with our low quarterly debt service costs, this approach provides a floor under our cash flows, enabling us to pay a dividend under any market scenario while at the same time providing shareholders with potential upside in tanker rates. In 2010, our fixed-rate revenues alone are expected to cover all of our costs and required debt repayments for the year, which means all of our spot revenues can be paid out as dividends."

Estimated First Quarter 2010 Dividend

The table below presents the estimated cash dividend per share for the quarter ending March 31, 2010 at various average time-charter equivalent (TCE) rates earned by the Company's spot tanker fleet and reflects the contribution from its existing fixed-rate time-charter contracts and the effect of scheduled vessel drydockings. These estimates are based on current assumptions and actual dividends may differ materially from those included in the following table:

Texas Pacific Land Trust (NYSE: TPL) Dallas, TX, March 9, 2010 announced a regular dividend of 20¢ per sub-share payable March 24, 2010 to shareholders of record on March 12, 2010. This is the 7th consecutive year that the regular dividend has been increased.

Texas Pacific Land Trust is not a REIT. It is engaged in the sale and lease of land owned by it, retaining oil and gas royalties, temporary cash investments and the overall management of the land owned by it. Texas Pacific's income is derived primarily from land sales, oil and gas royalties, grazing leases and interest on investments. The Trust owns the surface estate in 963,248 acres of land located in 20 counties in the western part of Texas.

Texas Pacific also owns a 1/128 non-participating perpetual oil and gas royalty interest under 85,414 acres of land and a 1/16 nonparticipating perpetual oil and gas royalty interest under 386,988 acres of land in the western part of Texas. As of December 31, 2008, grazing leases were in effect on 99% or approximately 953,730 acres of the Trust's land. Approximately 37,121 acres of land were sold during the year ended December 31, 2008. Texas Pacific leases office space in Dallas, Texas.

Tiffany (NYSE:TIF), New York, NY, March 12, 2010 raised its quarterly dividend from $0.17 per share to $0.20 per share, a 17.65 percent increase.

The new dividend is payable April 12, 2010 to shareholders of record as of March 22, 2010.

Tiffany & Co. is a holding company that operates through its subsidiary companies. The Company’s principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer whose principal merchandise offering is fine jewelry. It also sells timepieces, sterling silverware, china, crystal, stationery, fragrances and accessories. Through Tiffany and other subsidiaries, the Company is engaged in product design, manufacturing and retailing activities. The Company operates in three segments: Americas, Asia-Pacific and Europe. Americas includes sales in TIFFANY & CO. stores in the United States, Canada and Latin/South America, as well as sales of TIFFANY & CO. products in certain of those markets through business-to-business, Internet, catalog and wholesale operations. Asia-Pacific includes sales in TIFFANY & CO. stores in the Asia-Pacific region. Europe includes sales in TIFFANY & CO. stores in Europe, as well as sales of TIFFANY & CO. products.

Tractor Supply Company (NASDAQ: TSCO) March 1, 2010, Brentwood TN the largest retail farm and ranch store chain in the United States, today announced that its board of directors has declared an initial quarterly cash dividend of $0.14 per share of the Company's common stock.

The commencement of the Company's first ongoing dividend program is reflective of the Company's growth and commitment to delivering shareholder value.

Jim Wright, Chairman and Chief Executive Officer, stated, "The board's decision to initiate a quarterly cash dividend is a testament to our confidence in the Company's financial strength and our ability to generate solid cash flow from operations. Through our strategic plans and passion for delivering compelling products and excellent service to meet our customers' rural lifestyle needs, we have built momentum and have positioned our business very well for the future. This quarterly cash dividend, in addition to our share repurchase program, demonstrates our ongoing commitment to returning value to shareholders, while continuing to grow our store base and managing our balance sheet prudently."

The declared $0.14 per share cash dividend will be paid on March 29, 2010 to stockholders of record as of the close of business on March 15, 2010.

Tractor Supply Company expects quarterly dividends to be paid in March, June, September, and December. The Company anticipates a total annual dividend of $0.56 per share of common stock, or approximately $20 million in 2010 based on the current number of outstanding shares. The details of any future cash dividend declaration, including the amount of such dividend and the establishment of record and payment dates, will be determined by the board of directors, in its sole discretion, each quarter after its review of the Company's financial performance and other factors.

At December 26, 2009, Tractor Supply Company operated 930 stores in 44 states. The Company's stores are focused on supplying the lifestyle needs of recreational farmers and ranchers. The Company also serves the maintenance needs of those who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware and seasonal products, including lawn and garden power equipment; (3) truck, towing and tool products; (4) work/recreational clothing and footwear for the entire family; (5) maintenance products for agricultural and rural use; and (6) home decor, candy, snack food and toys.

Village Super Market, Inc. (NASDAQ: VLGE.A) Springfield, NJ, March 19, 2010, announced a 4% increase in the quarterly cash dividend. The increased quarterly cash dividends are $.25 per Class A common share and $.1625 per Class B common share. The dividends will be payable on April 22, 2010 to shareholders of record at the close of business on April 1, 2010.

Village Super Market operates a chain of 26 supermarkets under the ShopRite name in New Jersey and eastern Pennsylvania.s

Wal-Mart Stores Inc. (NYSE: WMT) March 4, 2010 Bentonville, AR said it will increase its annual dividend by 11% to $1.21 a share in 2011, from
$1.09 per share paid during the 2010 fiscal year.

For this current fiscal year ending Jan. 31, 2011, the annual dividend
of $1.21 a share will be paid in four quarterly installments of 30.25 cents a share.

The Bentonville, Ark. retailing giant
said the payout amounts to more than $4.5 billion for its shareholders in the form of dividends in fiscal year 2011. “We remain
committed to increasing shareholder value through our priorities of growth, leverage and returns,” the company said. “Our
underlying operations remain strong.”

Wal-Mart Stores, Inc. serves customers and club members more than 200 million times per week at more than 8,000 retail units under 53 different banners in 15 countries. The Company operates in three business segments: Walmart U.S. and Sam’s Club in the United States, and Walmart International in 14 countries and Puerto Rico. In January 2009, the Company acquired 57% of D&S S.A.

Warwick Valley Telephone Company (NASDAQ: WWVY) March 12, 2010 WARWICK, NY announced an increase of the common share cash dividend for the first quarter of 2010. The new dividend of $0.24 is up from $0.22. The Board declared that the dividend is to be paid on March 31, 2010 to shareholders of record as of March 22, 2010. On an annualized basis, the new dividend rate is $0.96 versus $0.88 per share previously.

Robert J. DeValentino, Chairman of the Board, said: "This dividend increase demonstrates the Board's confidence in the continued strong performance of business, our cash generation capabilities, and our firm commitment to our shareholders."

Additionally, the Board of Directors declared the regular quarterly dividend of $1.25 per share on the outstanding 5,000 shares of the Company's 5% Preferred Shares to be paid on March 31, 2010 to shareholders of record as of March 22, 2010.
Warwick Valley Telephone Company is a full service telecommunications company operating in southern Orange County, New York and portions of central New York and northwestern New Jersey. Through its subsidiaries and affiliated companies, Warwick Valley Telephone Company offers local, long distance, Internet and video services.

Weingarten Realty (NYSE: WRI) February 24, 2010, Houston, TX announced today the
results of its fourth quarter and year ended December 31, 2009.

The Board of Trust Managers declared an increase in the common
dividend to $0.26 per share for the first quarter of 2010. This represents a 4% increase
resulting in an annualized dividend of $1.04 per share. The dividend is payable in cash
on March 15, 2010 to shareholders of record on March 8, 2010.

The Board of Trust Managers also declared dividends on the Company’s preferred
shares. Dividends related to the 6.75% Series D Cumulative Redeemable Preferred
Shares (NYSE:WRIPrD) are $0.421875 per share for the quarter. Dividends on the
6.95% Series E Cumulative Redeemable Preferred Shares (NYSE:WRIPrE) are
$0.434375 per share for the same period. Dividends on the 6.50% Series F Cumulative
Redeemable Preferred Shares (NYSE:WRIPrF) are $0.40625 per share for the quarter.
All common and preferred dividends are payable on March 15, 2010 to shareholders of
record on March 8, 2010.

WGL Holdings, Inc. (NYSE: WGL) March 4, 2010 Washington DC
The Board of Directors of WGL Holdings, Inc. the parent company of Washington Gas Light Company, today voted to increase the quarterly dividend on its common stock to $0.3775 per share from $0.3675 per share.

This change increases the annualized dividend level to $1.51 per share from $1.47 per share.

Commenting on the announcement, Chairman and CEO Terry D. McCallister said, "Today's dividend increase demonstrates the strength of our business model and confidence in our plans for the future. Our proven ability to deliver solid results and to maintain top tier investment ratings during challenging economic conditions demonstrates the success of our strategic plans and commitment to shareholders."

This annual increase is the 34th consecutive year that WGL Holdings, Inc. has increased the cash dividend on its common stock. The company has one of the longest dividend payment records on the New York Stock Exchange, having provided cash rewards to shareholders for 159 consecutive years.
The new quarterly dividend is payable May 1, 2010, to shareholders of record on April 9, 2010.

In addition, Washington Gas Light Company, a utility subsidiary of WGL Holdings, Inc., declared regular dividends today on all classes of the utility company's preferred stock as follows:

Williams-Sonoma, Inc. (NYSE: WSM) San Francisco, March 22, 2010 announced that its Board of Directors has authorized an 8.3% increase in the company's quarterly cash dividend.

The quarterly cash dividend will be increased from $0.12 to $0.13 per common share and is payable on May 24, 2010 to shareholders of record as of the close of business on April 27, 2010. The aggregate quarterly dividend is estimated at approximately $14 million based on the current number of outstanding common shares.

The indicated annual cash dividend, subject to capital availability, is $0.52 per common share, or approximately $56 million, in fiscal year 2010 based on the current number of common shares outstanding.

Howard Lester, Chairman and Chief Executive Officer, commented, "We remain confident in the cash-generating power of our multi-channel, multi-brand business model, as evidenced by our performance over the past year. Therefore, we are pleased to announce today that we are increasing our quarterly dividend by 8.3% to $0.13. This action demonstrates our continuing confidence in our ability to generate cash flows in excess of funding requirements, and our commitment to return capital to our shareholders, even in the current economic environment."

The York Water Company (NASDAQ: YORW) March 9, 2010, York, PA announced that the Company posted its fourth quarter and 2009 earnings.

President Hines reported that the operating revenues for the fourth quarter of 2009 increased $405,000 over the fourth quarter of 2008. Net income for the fourth quarter increased $46,000 compared to the fourth quarter of 2008, and earnings per share for the fourth quarter of 2009 were $0.02 lower than the fourth quarter of 2008.

The primary contributing factor to the increase in net income was higher operating revenues which were partially offset by increased expenses. Fourth quarter earnings per share declined due to having a larger number of shares outstanding.
On November 24, 2009, the quarterly dividend was increased 1.60 percent to $0.128 per share, bringing the total dividends declared in 2009 to $0.506 per share. 2009 marked the 13th consecutive year of dividend increases and the 194th consecutive year of dividends. The York Water Company believes it has the longest consecutive dividend streak of any corporation in America.

The York Water Company is engaged in the business of impounding, purifying and distributing water. The Company operates within its franchised territory, which covers 39 municipalities within York County, Pennsylvania, and seven municipalities within Adams County, Pennsylvania. Water service is supplied through the Company's own distribution system. The Company obtains its water supply from the South branch and East branch of the Codorus Creek, which together have an average daily flow of 73 million gallons per day. The Company has two reservoirs, Lake Williams and Lake Redman, which together hold up to approximately 2.2 billion gallons of water. It has a 15-mile pipeline from the Susquehanna River to Lake Redman, which provides access to an additional supply of 12 million gallons of water per day. As of December 31, 2008, the Company's average daily availability was 35 million gallons, and daily consumption was approximately 18.3 million gallons.

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