Sunday, May 9, 2010

Laura Franks Dividend Note No. 23, May 9, 2010 for Bexley Public Radio.



This is a report on ninety-two companies that have increased dividends during late March and April. 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 companies that Laura notes in this report as interesting as businesses are a Canadian enterprise called C-Com Satellite that sells mobile auto-deploying satellite antenna systems. She also notes Collectors Universe, Inc. a grading and valuing service for collectors of high-value objects. Others that caught her attention as in interesting markets are International Speedway (just what you would think), Earthlink (an ISP). Glentel (a Canadian telecommunications company) and Todd Shipyards (again, just what you think).

BPRF Dividend Note No. 23, May 9, 2010.


1st Source Corporation (NASDAQ: SRCE) South Bend, IN, April 22, 2010, parent company of 1st Source Bank, reported net income of $9.68 million for the first quarter of 2010, up 54.84% compared to the $6.25 million reported in the first quarter a year ago. Diluted net income per common share for the first quarter of 2010 amounted to $0.33, up 65.00% over the $0.20 for the first quarter of 2009.

At the April 2010 meeting, the Board of Directors approved a first quarter cash dividend of $0.15 per common share, an increase of 7.14% over the dividend declared in the same period a year earlier. The cash dividend will be payable on May 17, 2010, to shareholders of record May 5, 2010.

Christopher J. Murphy III, Chairman and Chief Executive Officer, commented on the first quarter by saying, "Our first quarter performance was one of steady progress. Our net interest margin rebounded to 3.50% in the first quarter from 3.27% for the fourth quarter of 2009, and 3.03% a year ago. The structures we put in place from better pricing control to modeling seem to be bearing fruit.

“Additionally, we were pleased during the quarter to be identified as number 8 out of the Top 150 Best Performing Banks in the Country by Bank Director's Magazine among banks over $3 billion in size.”

1st Source serves the northern half of Indiana and southwest Michigan and is the largest locally controlled financial institution headquartered in the area. 1st Source Bank also competes for business nationally by offering specialized financing services for new and used private and cargo aircraft, automobiles for leasing and rental agencies, medium and heavy duty trucks, construction and environmental equipment. The Corporation includes 76 community banking centers in 17 counties, 23 specialty finance locations nationwide, 7 trust and wealth management locations, and 7 1st Source Insurance offices. With a history dating back to 1863, 1st Source Bank has a tradition of providing superior service to clients while playing a leadership role in the continued development of the communities it serves.


Alliance Holdings GP, L.P. (NASDAQ: AHGP) Tulsa, OK, April 26, 2010 announced that the Board of Directors of its general partner declared a quarterly cash distribution for the quarter ended March 31, 2010 (the "2010 Quarter") of $0.465 per unit, or an annualized rate of $1.86 per unit, which will be paid on May 20, 2010, to AHGP's unitholders of record as of the close of trading on May 13, 2010.

The announced distribution represents a 12.0% increase over the $0.415 per unit distribution (an annualized rate of $1.66 per unit) for the quarter ended March 31, 2009 (the "2009 Quarter") and an increase of 2.8% over the fourth quarter 2009 distribution of $0.4525 per unit (an annualized rate of $1.81 per unit).

The declared distribution is based on the distribution AHGP will receive from its ownership interests in Alliance Resource Partners, L.P. (NASDAQ: ARLP). ARLP today announced a quarterly distribution for the 2010 Quarter of $0.79 per unit, or $3.16 per unit on an annualized basis, payable on May 14, 2010 to all unitholders of record as of the close of trading on May 7, 2010.

AHGP's principal sources of cash flow are its ownership of general partner interests, limited partner interests and incentive distribution rights in ARLP. Based on ARLP's current declared distribution, AHGP expects to receive quarterly cash distributions from ARLP of $28.7 million, or $114.8 million on an annualized basis. AHGP's primary cash requirements are for working capital, distributions to its unitholders and general and administrative expenses, including for 2010 an estimated $2.3 million in general and administrative expenses associated with being a publicly traded limited partnership. At March 31, 2010, AHGP had no borrowings outstanding under its revolving credit facility.

This announcement is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b), with 100% of the partnership's distributions to foreign investors attributable to income that is effectively connected with a United States trade or business.

Accordingly, AHGP's distributions to foreign investors are subject to federal income tax withholding at the highest applicable tax rate.

AHGP is a limited partnership formed to own and control Alliance Resource Management GP, LLC, the managing general partner of ARLP, through which it holds a 1.98% general partner interest and the incentive distribution rights in ARLP. In addition, AHGP owns 15,544,169 common units of ARLP.


Altria Group, Inc. (NYSE: MO) Richmond, VA., April 21, 2010 reported 2010 first-quarter adjusted diluted earnings per share up 7.7% to $0.42 versus $0.39 in the prior-year period

Cigarettes segment's operating companies income up 7.6% to $1.2 billion on a reported basis, and up 6.7% to $1.3 billion on an adjusted basis versus the prior-year period

Marlboro achieves record retail share of 42.7% in the first quarter of 2010

Smokeless products segment's operating companies income up $180 million to $178 million on a reported basis, and up 49.2% to $188 million on an adjusted basis versus the prior-year period

Copenhagen and Skoal's combined first-quarter retail share increases 1.0 share point versus the prior-year period, and 0.8 share points versus the fourth quarter of 2009

Reported first-quarter results were higher than results for the prior-year period, due primarily to higher 2010 operating companies income (OCI) from cigarettes, smokeless products and wine, and higher 2010 earnings from Altria's equity investment in SABMiller plc (SABMiller), due primarily to gains resulting from issuances of common stock by SABMiller, as well as 2009 first-quarter transaction costs and financing fees related to the acquisition of UST. These factors were partially offset by lower OCI from financial services and cigars. Altria's 2010 first-quarter adjusted diluted EPS increased 7.7% to $0.42 versus $0.39 in the prior-year period as shown in Table 1 below.

"Altria delivered strong adjusted earnings per share growth of 7.7% in a challenging environment, behind strong income growth in our cigarette and smokeless tobacco businesses," said Michael E. Szymanczyk, Chairman and Chief Executive Officer of Altria. "We continue to be pleased with the performance of our tobacco companies' brands, particularly Marlboro and Copenhagen. Marlboro achieved record retail share results in the first quarter, and Copenhagen regained its position as the largest smokeless tobacco brand, as measured by retail share."

"In addition to this strong income performance, Altria increased its dividend by 2.9% to an annualized rate of $1.40 per share, reflecting our new dividend payout ratio target of approximately 80% of adjusted earnings per share, which demonstrates our commitment to return a large amount of cash to shareholders in the form of dividends," said Mr. Szymanczyk.

American Electric Power Company Inc. (NYSE: AEP) Columbus, OH April 27, 2010, is raising its quarterly dividend to shareholders in June by 2 percent, marking the first increase in the payout in more than two years.

The Columbus-based utility declared a dividend of 42 cents a share, payable June 10 to shareholders of record as of May 10. The company has paid a 41 cents-a-share dividend since December 2007.

American Electric Power (NYSE:AEP) said June’s payout marks a century of consecutive quarterly dividends. The company, which has more than 5 million customers in 11 states, earned $1.36 billion on $13.5 billion in revenue last year.


Arch Coal, Inc. (NYSE: AEP) St. Louis, MO April 22, 2010 announced that its board of directors has approved an increase in the quarterly cash dividend from $0.09 per common share to $0.10 per common share. The dividend is payable June 15, 2010 to shareholders of record on June 1, 2010.

"Today's 11 percent increase in our quarterly dividend reflects the board's confidence in Arch's strong future and rewards our shareholders for their continued investment," said Steven F. Leer, chairman and chief executive officer of Arch Coal.

St. Louis-based Arch Coal is the second largest U.S. coal producer. Through its national network of mines, Arch supplies cleaner-burning, low-sulfur coal to fuel roughly 8 percent of the nation's electricity. The company also ships coal to domestic and international steel manufacturers as well as international power producers.

Arrow Financial Corporation (NASDAQ: AROW) Glens Fall, NY April 20, 2010 announced operating results for the quarter ended March 31, 2010. Net income for the first quarter of 2010 was $5.4 million, representing diluted earnings per share (EPS) of $.49. As previously reported, included in our 2009 first quarter results was a net gain of $1.63 million, or $.15 per share, net of tax, recognized on the sale of our merchant bank card processing line of business to TransFirst LLC. Excluding this transaction, adjusted net income for the first quarter of 2009 was $5.1 million, representing adjusted diluted EPS of $.46 for the first quarter of 2009. As a result, adjusted EPS increased $.03 per share or 6.5% from 2009 to the comparable 2010 results. Return on average equity (ROE) for the 2010 quarter continued to be very strong at 15.25%, although down slightly from the adjusted ROE of 15.94% for the quarter ended March 31, 2009. The adjusted net income, adjusted EPS and adjusted ROE measures for 2009 are non-GAAP financial measures.

The cash dividend paid to shareholders in the first quarter of 2010 was $.25, or 4.2% higher than the $.24 paid in 2009. All per share amounts have been adjusted to reflect the effect of the 3% stock dividend we distributed on September 29, 2009.

Artesian Resources Corporation, (NASDAQ: ARTNA) Newark, DE, April 24, 2010, announced that its Board of Directors has approved a 0.5% increase in the Class A Non-Voting and Class B Common shareholders’ dividend, raising the annual dividend to $0.7528 per share.

The quarterly dividend of $0.1882 is payable on May 21, 2010 to shareholders of record at the close of business on May 7, 2010. “Increasing shareholder value is absolutely critical for our business, which is extraordinarily capital intensive and dependent on investor confidence,” said Dian C. Taylor, CEO of Artesian Resources. This is the 70th consecutive quarterly dividend paid to shareholders. In addition, Artesian has increased its dividends each year for the last 13 years.

Artesian Resources Corporation operates as the holding company of eight wholly-owned subsidiaries offering water, wastewater and engineering services on the Delmarva Peninsula. It has been expanding into Cecil County, Md.

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.

Bank of the Ozarks, Inc. (NASDAQ: OZRK) April 5, 2010 Little Rock, AK announced its Board of Directors has approved a regular quarterly cash dividend of $0.15 per common share payable April 23, 2010 to shareholders of record as of April 16, 2010. This dividend of $0.15 per share represents an increase of $0.01 per share, or 7.1%, over the dividend paid in the previous quarter, and is the second consecutive quarter in which the dividend was increased.

Bank of the Ozarks, Inc. is a bank holding company with $2.77 billion in total assets as of December 31, 2009. The company owns a state chartered subsidiary bank that conducts banking operations through 78 offices including 65 banking offices in 34 communities throughout northern, western and central Arkansas, seven Texas banking offices, five Georgia banking offices, and a loan production office in Charlotte, North Carolina.

Bonterra Energy Corp (TSE: BNE) Calgary, AB Canada April 1, 2010 announced that the March monthly cash dividend will be $0.21 per share (a three cent increase from the previous month) and will be paid on April 30, 2010. The record date for the dividend is April 15, 2010, and the ex-dividend date is April 13, 2010. The dividend is paid monthly and is subject to commodity prices and production levels.

The dividend is considered an "eligible dividend" for tax purposes.

Bonterra Energy Corp. is a conventional oil and gas corporation with operations in Alberta, Saskatchewan and British Columbia. The shares are listed on The Toronto Stock Exchange under the symbol "BNE".

C-COM Satellite Systems, (TSX: CMI, PINK:CYSNF) March 23, 2010 Ottawa ON Canada which sells mobile auto-deploying satellite antenna systems, recently announced financial results for the fiscal year ended November 30, 2009.

“We have closed our fiscal 2009 with a slight increase in sales over the same period last year and maintained our profitable position” said Leslie Klein, president and CEO of C-COM. “Revenues have increased by 1.7 percent to $9,157,789 net profit was $1,315,068 or 4 cents per share representing a decrease of 47.2 percent compared with results from last year when total revenues were $9,006,416 and there was a net profit of $2,491,948 or 8 cents per share.”

Company officials said C-COM generated slightly higher revenues, while at the same time reducing its cost of goods sold by 5 percent when compared to last year’s results.

Last fall TMCnet’s Marisa Torrieri reported that Vietnam – “a nation that encompasses one of the fastest-growing economies in the Asia-Pacific region” launched its first satellite, the Vinasat-1.

“With Vinasat-1’s launch under its belt, Vietnam’s satellite market is poised for growth as companies such as C-COM Satellite Systems – which develops and deploys commercial-grade mobile satellite technology for the delivery of two-way high-speed Internet, VoIP and Video services into vehicles – roll out new applications,” Torrieri wrote.

C-COM had a foreign exchange loss of $417,667 compared to a gain of $535,183 for the same period in 2008, due to the strengthening of the Canadian dollar against the United States dollar.

In addition a higher income tax provision of $594,013 in 2009 has been recorded as compared to $270,963 in 2008; further dragging down net profit. Still, the fourth quarter of fiscal year 2009 was the 23rd consecutive profitable quarter for them, so it’s not all doom and gloom.

And the working capital of the company has increased by 20.6 percent to $7,062,159 at fiscal year end of November 30, 2009 as compared to $5,854,943 at November 30, 2008. In other good news the company continues to remain free of long term debt, except for an accrual for future income tax payable due to expected future earnings.

The board of directors has declared a one-time special dividend on its common shares in the amount of $0.02 per common share payable on Tuesday April 20, 2010, to all common shareholders of record as of Tuesday April 6, 2010, for the first dividend in the company’s history.

Celanese Corporation (NYSE: CE) April 26, 2010, Dallas, a leading, global chemical company, today announced that its board of directors has approved a 25 percent increase in the company’s quarterly common stock cash dividend. The quarterly dividend rate increased from $0.04 to $0.05 per share of common stock on a quarterly basis and from $0.16 to $0.20 per share of common stock on an annual basis.

“Management and the Board of Directors believe that this increase reflects the confidence we have in our businesses and their growth plans and allows us to more actively utilize dividends as one of our methods of creating and returning value to our shareholders,” said David Weidman, chairman and chief executive officer.

The new dividend rate will be applicable to dividends payable beginning in August 2010.

Celanese Corporation products are found in consumer and industrial applications and are manufactured in North America, Europe and Asia. Net sales totaled $5.1 billion in 2009, with approximately 73% generated outside of North America. Based in Dallas, Texas, the company employs approximately 7,400 employees worldwide

Chevron Corporation (NYSE: CVX) April 28, 2010, San Ramon, CA declared a quarterly dividend of seventy-two cents ($0.72) per share, payable June 10, 2010, to holders of common stock as shown on the transfer records of the Corporation at the close of business on May 19, 2010. The amount represents a 5.9 percent increase in the company's quarterly dividend.

Cimarex Energy Co. (NYSE: XEC) February 25, 2010, Denver, CO, board of directors declared a regular cash dividend on its common stock of 8 cents-per-share. The dividend is payable on June 1, 2010 to stockholders of record on May 14, 2010. The quarterly dividend was increased from 6 cents-per-share.
Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company.

Citizens Holding Company (NASDAQ: CIZN) April 22, 2010, Philadelphia, MS) announced today results of operations for the three months ended March 31, 2010.

Net income for the three months ended March 31, 2010 increased to $1.976 million, or $0.41 per share-basic and diluted, from $1.859 million, or $0.38 per share-basic and diluted for the same quarter in 2009. Net interest income for the first quarter of 2010, after the provision for loan losses for the quarter, was $6.940 million, approximately 7.8% higher than the same period in 2009, due to a decrease in the amount of interest expense partially offset by an increase in the provision for loan losses. The provision for loan losses for the three months ended March 31, 2010 was $625 thousand compared to $316 thousand for the same period in 2009. The increase in the provision reflects management's assessment of inherent losses in the loan portfolio including the impact caused by current local and national economic conditions. The net interest margin increased to 4.18% in the first quarter of 2010 from 4.09% in the same period in 2009 primarily because of the decrease in yields on earning assets was less than the decline in rates paid on interest bearing deposits.

During the first quarter of 2010, the Company paid dividends totaling $0.21 per share. This represents an increase of 5.0% over the dividends paid in 2009.

Citizens Holding Company (the "Company") is a one-bank holding company and the parent company of The Citizens Bank of Philadelphia (the "Bank"), both headquartered in Philadelphia, Mississippi. The Bank currently has twenty-three banking locations in ten counties in East Central and South Mississippi and has a Loan Production Office in Biloxi, Mississippi. In addition to full service commercial banking, the Bank 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.

Cleco Corp. (NYSE: CNL) April 30, 2010, Pineville, LA, declared regular quarterly dividends on the company's common stock and preferred stock. Following is a summary of dividend payments, as declared: Common stock $0.25, record date May 10, 2010, payment date May 15, 2010; 4.5% preferred stock $1.125, record date May 17, 2010, payment date June 1, 2010.

The $0.25 per common share dividend represents an 11 percent increase over the previous quarterly dividend of $0.225 per common share.

Cleco Corp. is a regional energy company headquartered in Pineville, La. It operates a regulated electric utility company, Cleco Power LLC, which serves about 277,000 retail customers across Louisiana. Cleco also operates a wholesale energy business, Cleco Midstream Resources LLC, which includes the pending sale of Acadia Power Station Unit 2. This year marks the 75th anniversary of Cleco Power serving Louisiana customers.

Clifton Savings Bancorp, Inc. (NASDAQ: CSBK) April 28, 2010, Clifton, NJ, the parent company of Clifton Savings Bank, today announced that the company will pay a cash dividend of $0.06 per share for the quarter ended March 31, 2010. The dividend will be payable on May 28, 2010 to shareholders of record, other than Clifton MHC, on May 14, 2010.

The quarterly cash dividend of $0.06 per share is the twenty fifth dividend paid by Clifton Savings Bancorp, Inc. since becoming a capital stock organization in March 2004, and is the first increase since 2005, when the quarterly dividend increased from $0.03 per share to $0.05 per share.

Clifton Savings Bank is a community-oriented financial institution which operates eleven full-service banking offices in Bergen and Passaic Counties in New Jersey.

Coach, Inc. (NYSE: COH) April 20, 2010 New York, NY announced that it is doubling its cash dividend to 60 cents a share a year with the dividend to be paid to shareholders in July. It also said it plans to repurchase as much as $1 billion in shares by June 30, 2012.

Net income climbed to $157.6 million, or 50 cents a share, from $114.9 million, or 36 cents a share, a year earlier, when it had an $8 million cost-reduction charge. Sales in the quarter ended March 27 rose to $830.7 million from $739.9 million.

The Coca Cola Company (NYSE: KO) April 20, 2010 Atlanta, GA reported solid worldwide unit case volume growth of 3% in the quarter, in line with our long-term volume target, and driven by international volume growth of 5%.

The continued power of the global "Open Happiness" campaign combined with the initial roll-out of our FIFA World Cup program and an increased focus on Coke with Meals drove growth in brand Coca-Cola, with unit case volume up 3% in the quarter. The strong brand Coca-Cola growth came from a diversity of global markets, including double-digit growth in India, Vietnam, the Philippines, Brazil, Russia and Egypt. During the quarter unit case volume for brand Coca-Cola grew over 1 million unit cases in 24 different countries. Total sparkling beverage unit case volume increased 2% in the quarter, with international sparkling beverage unit case volume increasing 3%. Total still beverage unit case volume increased 8% in the quarter, led by continued growth in juices and juice drinks, teas and water brands. Still beverage unit case volume increased 12% internationally.

Muhtar Kent, Chairman and Chief Executive Officer, The Coca-Cola Company said, "I am once again pleased with the results of the quarter as we continue to grow our dynamic global business. During the quarter we continued to achieve solid business results worldwide, all while taking decisive action to strategically advance our North America business and further strengthen our franchise system in Europe. Despite expected ongoing challenges in global economic conditions, we continue to invest in our business and build the health of our brands fueled by world-class marketing and innovation. This led to continued value share gains and strong and consistent cash flow.

"As we look ahead to the year 2020, we see tremendous growth opportunities for our franchise system and for the entire nonalcoholic ready-to-drink beverage industry. We are working closely with our bottling partners around the globe, leveraging our scale and the increased presence of our brands. We remain confident in our ability to deliver against our strategies while laying the foundation for consistent, profitable and sustainable long-term growth, inspired by our 2020 Vision in a growing world of refreshment."

During the quarter, the company announced its 48th consecutive annual dividend increase, raising the quarterly dividend 7 percent from 41 cents to 44 cents per common share. This is equivalent to an annual dividend of $1.76 per share, up from $1.64 per share in 2009.


Collectors Universe, Inc. (NASDAQ: CLCT) April 20, 2010 Newport Beach, CA, a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles, today announced that its Board of Directors has approved an increase in its quarterly cash dividend to $0.30 per share per quarter, for an expected total annual cash dividend of $1.20 per common share. The increase will be effective beginning with the Company's quarterly cash dividend for the quarter ending June 30, 2010. The cash dividend will be paid on May 28, 2010 to stockholders of record on May 14, 2010.

Clint Allen, Chairman of the Board of Directors said, "As Chairman, I can report that our board is unanimous in our appreciation of the support of our shareholders. Our commitment is to produce greater shareholder value. With a very strong balance sheet and improved financial results, in October 2009 we began paying an annual dividend of $1.00 a share. While we want to continue to keep a strong cash reserve to take advantage of opportunities both within and outside the company, we are committed to rewarding our shareholders. Therefore, our board of directors has decided to increase the annual dividend by 20%, to $1.20 per share. This, we believe, provides an excellent return to our shareholders while allowing us to maintain a strong balance sheet."

Michael McConnell, Chief Executive Officer, commented, "Our management team is focused on providing the finest grading and authentication services, building our strong brands and looking for additional opportunities to expand our services. We are pleased to be able to reward our shareholders as we continue to build our company."

Collectors Universe, Inc. is a provider of value added services to the high-value collectibles markets. The company authenticates and grades collectible coins, sports cards, autographs and stamps. The company also compiles and publishes authoritative information about United States and world coins, collectible trading cards and sports memorabilia and collectible stamps and operates its CCE dealer-to-dealer Internet bid-ask market for certified coins and its Expos trade show and conventions business.

Community Bank System, Inc. (NYSE: CBU) April 26, 2010 Syracuse, NY reported quarterly net income of $14.0 million, or $0.42 per share, in the first quarter of 2010, an increase of 33.8% compared to the $10.5 million, or $0.32 per share reported for the first quarter of 2009.

Total revenue for the first quarter of 2010 was $65.0 million, an increase of $4.5 million, or 7.4%, over the first quarter of last year, including a $3.1 million increase in net interest income, driven by a 3.3% increase in average earning assets and an eleven basis points improvement in net interest margin to 3.93%. The quarterly provision for loan losses was $1.0 million lower than last year's first quarter due to a reduction in net charge-offs and stable and favorable asset quality metrics. Total operating expenses of $44.2 million declined $0.2 million from the first quarter of 2009, reflective of numerous cost management initiatives.

The Company's board of directors approved a $0.02, or 9.1%, increase in its quarterly dividend on its common stock, to $0.24 per share, payable on July 9, 2010, to shareholders of record as of June 15, 2010. The increased cash dividend represents an annualized yield of 3.8% based on the closing share price of $25.01 on April 21, 2010. Mr. Tryniski commented, "The payment of a meaningful dividend is an important component of our commitment to provide consistent and favorable long-term returns to our shareholders. This increase reflects the strength of our current operating performance."


Costco Wholesale Corporation (NASDAQ: COST) April 22, 2010 Issaquah, WA today announced that its Board of Directors has declared a quarterly cash dividend on Costco Wholesale common stock and approved a quarterly increase from $.18 to $.205 per share, or $.82 per share on an annualized basis. The dividend of $.205 per share is payable May 21, 2010, to shareholders of record at the close of business on May 7, 2010.

Costco currently operates 567 warehouses, including 414 in the United States and Puerto Rico, 77 in Canada, 21 in the United Kingdom, seven in Korea, six in Taiwan, nine in Japan, one in Australia and 32 in Mexico. The Company also operates Costco Online, an electronic commerce web site, at www.costco.com and at www.costco.ca in Canada. The Company plans to open an additional five to six new warehouses prior to the end of its 2010 fiscal year on August 29, 2010.

Cullen/Frost Bankers, Inc. (NYSE: CFR)April 29, 2010, San Antonio, TX announced a second quarter cash dividend of $.45 per common share, a 4.7 percent increase from the previous dividend of $.43 per common share. The dividend is payable June 15, 2010 to shareholders of record on June 1 of this year.

Cullen/Frost Bankers, Inc. is a financial holding company, headquartered in San Antonio, with assets of $16.8 billion at March 31, 2010. The corporation provides a full range of commercial and consumer banking products, investment and brokerage services, insurance products and investment banking services. Its subsidiary, Frost Bank, operates more than 100 financial centers across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Rio Grande Valley and San Antonio regions. Founded in 1868, Frost is the largest bank headquartered in Texas that operates only in Texas, with a legacy of helping Texans with their financial needs during three centuries.

DPL Inc. (NYSE:DPL) January 26, 2010 Dayton, OH declared a quarterly dividend of $0.3025 per share payable March 1, 2010 to common shareholders of record on February 16, 2010. This action reflects the dividend increase announced on December 9, 2009, resulting in an annualized rate of $1.21 per share.

In addition, the Board of Directors of The Dayton Power and Light Company (DP&L) declared quarterly dividends on The Dayton Power and Light Company preferred stocks as follows:
$0.9375 per share on the 3.75% Series A, Cumulative
$0.9375 per share on the 3.75% Series B, Cumulative
$0.975 per share on the 3.90% Series C, Cumulative

The preferred dividends are payable March 1, 2010 to holders of record on February 16, 2010.

DPL Inc. is a regional energy company. DPL was named one of Forbes' "100 Most Trustworthy Companies" in 2009.
DPL's principal subsidiaries include The Dayton Power and Light Company (DP&L); DPL Energy, LLC (DPLE); and DPL Energy Resources, Inc. (DPLER). DP&L, a regulated electric utility, provides service to over 500,000 retail customers in West Central Ohio; DPLE engages in the operation of merchant peaking generation facilities; and DPLER is a competitive retail electric supplier in Ohio, selling to major industrial and commercial customers. DPL, through its subsidiaries, owns and operates approximately 3,700 megawatts of generation capacity, of which 2,800 megawatts are low cost coal-fired units and 900 megawatts are natural gas and diesel peaking units.

Duncan Energy Partners L.P. (NYSE: DEP) April 20, 2010, Houston, TX, board of directors of its general partner declared an increase in its quarterly cash distribution rate paid to partners to $0.4475 per common unit, or $1.79 per unit on an annualized basis. The cash distribution will be paid Thursday, May 6, 2010, to unitholders of record at the close of business on Friday, April 30, 2010. This distribution represents a 4.1 percent increase from the $0.43 per unit distribution declared for the first quarter of 2009 and is the sixth consecutive quarterly distribution increase.

Duncan Energy Partners is a publicly traded partnership that provides midstream energy services, including gathering, transportation, marketing and storage of natural gas, in addition to NGL fractionation (or separation), transportation and storage and petrochemical transportation and storage. Duncan Energy Partners owns interests in assets located primarily in Texas and Louisiana, including interests in approximately 9,400 miles of natural gas pipelines with a transportation capacity aggregating approximately 7.9 billion cubic feet (“Bcf”) per day; more than 1,600 miles of NGL and petrochemical pipelines featuring access to the world’s largest fractionation complex at Mont Belvieu, Texas; two NGL fractionation facilities located in south Texas; approximately 18 million barrels (“MMBbls”) of leased NGL storage capacity; 8.5 Bcf of leased natural gas storage capacity; and 34 underground salt dome caverns with more than 100 MMBbls of NGL storage capacity at Mont Belvieu. Duncan Energy Partners is managed by its general partner, DEP Holdings, LLC, which is a wholly-owned subsidiary of Enterprise.

DundeeWealth Inc. (TSE: DW) March 22, 2010 Toronto, ON Canada, announced that its Board of Directors approved an increase to its quarterly dividend payments on common and special shares from $0.035 to $0.070 per share. The Company's Board has approved the payment of a quarterly cash dividend of $0.070 per common and special share, payable on April 15, 2010, or as otherwise provided under the terms of any applicable escrow agreements, to shareholders of record on April 1, 2010.

DundeeWealth Inc. (DundeeWealth) is a Canada-based wealth management company with subsidiaries that provide diversified wealth management and investment solutions including alternative and tax-advantaged products, capital markets and advisory services to financial advisors, institutions, corporations and foundations, and wealth management through independent financial advisors across Canada. DundeeWealth has three main businesses: investment management (DundeeWealth Investment), financial advisory, and capital markets, comprised of institutional sales and trading, investment banking and research. DundeeWealth Investment operates principally through the Company’s subsidiary, Goodman & Company and through Aurion Capital Management Inc. DundeeWealth Financial provides financial advisory and capital market services to both retail and institutional clients across Canada.

EarthLink, Inc. (NASDAQ: ELNK) April 27, 2010 Atlanta, GA, today announced financial results for its first quarter ended March 31, 2010. Highlights of today’s announcement include: Net income of $26.7 million or $0.25 per share; adjusted EBITDA (a non-GAAP measure) of $57.3 million; free cash flow (a non-GAAP measure) of $54.2 million; ending cash and marketable securities balance of $707.8 million; raised full year 2010 Adjusted EBITDA (a non-GAAP measure) guidance to $194 million to $202 million; dividend payments totaling $15.4 million in the first quarter; increased quarterly dividend to $0.16 per share.

"We are very pleased that our first quarter operating results and financial performance were ahead of expectations. The tenure of our customer base continues to increase as the vast majority of our consumer base has been an EarthLink customer for two years or more, and nearly half for five years or more. We are seeing the positive impact of this increasing tenure on substantially all of our key operating metric trend lines. The increased guidance we announced today reflects these latest trend lines," explained EarthLink Chairman and Chief Executive Officer Rolla P. Huff. "These positive trends across the business also reinforce our belief that our core access business will continue to generate meaningful cash well in to the future. We continue to manage this business for long-term value creation. Consistent with this strategy, today we announced that our Board of Directors approved a 14 percent increase in our regular quarterly dividend."

Capital expenditures for the company were $3.1 million in the first quarter. EarthLink made $15.4 million of dividend payments in the quarter. EarthLink ended the first quarter of 2010 with $707.8 million in cash and marketable securities.
EarthLink announced that its Board of Directors has increased the amount of its quarterly cash dividend on its common stock from $0.14 per share to $0.16 per share. This increase will be reflected in the next quarterly dividend to be paid on June 28, 2010 to shareholders of record on June 14, 2010.

“EarthLink. We revolve around you™." As the nation's Internet expert, Atlanta-based EarthLink has earned an award-winning reputation for outstanding customer service and its suite of online products and services. Serving millions of subscribers, EarthLink offers what every user should expect from their ISP: high-quality connectivity, minimal online intrusions and customizable features. Whether it's dial up, high-speed Internet services like DSL and cable Internet, home phone service, Web hosting, or "EarthLink Extras" like home networking or security, EarthLink connects people to the power and possibilities of the Internet. Learn more about EarthLink by calling (800) EARTHLINK or visiting EarthLink's Web site at www.EarthLink.net.

Ensco plc (NYSE: ESV) April 22, 2010, Dallas, TX a provider of offshore drilling services, declared a regular quarterly cash dividend of USD0.35 per Class A ordinary share.

This new dividend reflects a significant increase from the prior quarterly dividend of USD0.025 per share.

The dividend is payable on 18 June 2010 to holders of Ensco's American depositary shares (ADSs) as of 7 June 2010.

Entergy Corporation (NYSE: ETR) April 5, 2010 New Orleans, LA announced that the Board has declared a quarterly dividend of $0.83 per common share payable June 1 to stockholders of record on May 12, reflecting the first increase in its quarterly common stock dividend since July 2007.

Entergy is an integrated energy company engaged in electric power production and retail electric distribution operations. Its power plants have approximately 30,000 megawatt of aggregate electric generating capacity. Entergy is also a nuclear power generator in the United States. It operates in two business segments, utility and non-utility nuclear. In addition to its two primary, reportable, operating segments, Entergy also operates the non-nuclear wholesale assets business. The non-nuclear wholesale assets business sells to wholesale customers the electric power produced by power plants that it owns while it focuses on improving performance and exploring sales or restructuring opportunities for its power plants. As of December 31, 2009, Entergy delivered electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi, and Texas.

Enterprise Products Parners, LP, (NYSE: EPD)
April 13, 2010, Houston, TX 77002 declared a dividend increase of 5.6 percent, payable on May 6 to unitholders of record as of the close of business April 30, 2010.

Exxon Mobil Corp (NYSE: XOM) April 29, 2010, Irving, TX, reported on Wednesday a cash dividend of $0.44 per share of common stock for the second quarter of 2010.

This is an increase from the $0.42 per share paid in the first quarter of 2010.
Shareholders of record at the close of business on May 13, 2010 will receive the payment on June 10, 2010.

Exxon Mobil Corporation (Exxon Mobil) is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a range of specialty products. It also has interests in electric power generation facilities. The Company has several divisions and hundreds of affiliates with names that include ExxonMobil, Exxon, Esso or Mobil. Divisions and affiliated companies of ExxonMobil operate or market products in the United States and other countries of the world. Their principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products. At December 31, 2009, approximately 7.5 billion oil-equivalent barrels (GOEB) of the Company’s reserves were classified as proved undeveloped, which represented 33% of the 23 GOEB reported in proved reserves.

Flaherty & Crumrine Incorporated, April 23, 2010, Pasadena, CA, said that the boards of directors of Flaherty & Crumrine Preferred Income Fund Incorporated (NYSE:PFD) and Flaherty & Crumrine Preferred Income Opportunity Fund Incorporated (NYSE:PFO) have approved increased dividends on their common stock.
PFD will pay a dividend of $0.0825 per share, an increase of approximately 14.6% over the previous monthly dividend and representing an annual dividend of $0.99 per share.

The new monthly dividend of $0.0660 per share for PFO is higher by approximately 14.8% over the monthly dividend paid last month and represents an annual dividend of $0.792 per share.

These dividends will be paid on 31 May 2010. The record and expected ex-dividend dates will be announced early next month.

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) April 21, 2010, Phoenix, AZ, announced today that its Board of Directors has authorized an increase in its annual common stock dividend from $0.60 per share to $1.20 per share. The Board would declare a quarterly dividend of $0.30 per share, with the initial increased dividend expected to be paid in August 2010.

James R. Moffett, Chairman of the Board of FCX, and Richard C. Adkerson, FCX's President and Chief Executive Officer, said, "The Board's action to increase the quarterly cash dividend to be paid to holders of our common stock reflects our financial strength and the positive operating performance and outlook for our business and markets. Our financial policy is reviewed on a continual basis by our Board of Directors. This policy is designed to maintain a strong balance sheet to provide financial flexibility for our future investments to generate growth of our assets and to provide attractive returns to shareholders."
The declaration and payment of dividends is at the discretion of the Board and will depend on the company's financial results, cash requirements, future prospects, and other factors deemed relevant by the Board.

FCX has approximately 431 million shares of common stock outstanding. FCX's 6 3/4% Mandatory Convertible Preferred Stock automatically converts on May 1, 2010, and assuming the minimum conversion rate of 1.3716 shares of FCX common stock for each share of the preferred stock, FCX would have approximately 470 million common shares outstanding after conversion.
FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX has a dynamic portfolio of operating, expansion and growth projects in the copper industry and is the world's largest producer of molybdenum.

The company's portfolio of assets includes the Grasberg mining complex, the world's largest copper and gold mine in terms of recoverable reserves, significant mining operations in the Americas, including the large scale Morenci and Safford minerals districts in North America and the Cerro Verde and El Abra operations in South America, and the Tenke Fungurume minerals district in the Democratic Republic of Congo

Franklin Electric Co., Inc. (NASDAQ: FELE) April 30, 2010, Bluffton, IN, 30, and R. Scott Trumbull, Chairman and Chief Executive Officer announced today that the Board of Directors declared a quarterly cash dividend of $.13 per share payable May 27, 2010 to shareowners of record on May 13, 2010. This represents an increase from the prior quarterly dividend of $.125 per share.

Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and automotive fuels. Recognized as a technical leader in its specialties, Franklin Electric serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling applications.

Genesis Energy, L.P. (NYSE: GEL) April 14, 2010, Houston, TX announced today that it will pay a regular quarterly distribution of $0.3675 per Common Unit for the quarter ended March 31, 2010. The distribution will be paid on May 14, 2010, to Common Unitholders of record at the close of business on May 4, 2010. This distribution represents an increase of approximately 8.9% over the first quarter 2009 quarterly distribution of $0.3375 per unit. This is the nineteenth consecutive quarter in which Genesis has increased its quarterly distribution.

Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis engages in four business segments. The Pipeline Transportation Division is engaged in the pipeline transportation of crude oil, carbon dioxide and, to a lesser extent, natural gas. The Refinery Services Division primarily processes sour gas streams to remove sulfur at refining operations, principally located in Texas, Louisiana, and Arkansas. The Supply and Logistics Division is engaged in the transportation, storage and supply of energy products, including crude oil and refined products. The Industrial Gases Division produces and supplies industrial gases such as carbon dioxide and syngas. Genesis' operations are primarily located in Texas, Louisiana, Arkansas, Mississippi, Alabama, and Florida.

Glentel Inc., (TSX: GLN) April 1, 2010, BURNABY, BC, Canada announced the declaration of a quarterly dividend of CAN$.0975 per share, having a record date of April 16, 2010, payable on April 30, 2010.
GLENTEL is a leading provider of innovative and reliable telecommunications services and solutions in Canada and the United States. Founded in 1963 and headquartered in Burnaby, BC, Glentel comprises two operating divisions - Retail and Business - that service thousands of consumers and commercial telecommunications customers. Together with its divisions, the company operates more than 285 locations across Canada located in retail malls, Costco Wholesale stores, and business centers. As the largest multi-carrier mobile phone retailer in Canada, it offers a choice of network carrier and wireless device or phone. To its business and government customers, GLENTEL offers wireless service, rental equipment, satellite and terrestrial network systems, tower sites and wireless asset monitoring. GLENTEL operates its business under the trading names GLENTEL Wireless, WirelessWave, The Telephone Booth (Tbooth and la cabine T) and WIRELESS etc.

Greene County Bancorp, Inc. (NASDAQ: GCBC) April 21, 2010, Catskill, NY, announced that its Board of Directors has approved an increase in the company's quarterly cash dividend from $0.17 per share to $0.175 per share, an increase of 2.9%. The dividend reflects an annual cash dividend rate of $0.70 per share.
The dividend will be paid to shareholders of record as of May 14, 2010, payable on June 2, 2010.

The Company is the majority-owned subsidiary of Greene County Bancorp, MHC, a federal mutual holding company, which owns 56.0 percent of the Company's outstanding shares. Greene County Bancorp, MHC waived its right to receive dividends on its shares of the Company.

Greene County Bancorp, Inc. is the direct and indirect holding company, respectively, for The Bank of Greene County, a federally-chartered thrift, and Greene County Commercial Bank, a New York-chartered commercial bank, both headquartered in Catskill, New York. The Banks serve Greene, Columbia and Albany Counties.

H.B. Fuller Company (NYSE: FUL) April 15, 2010 St. Paul, MN announced that its Board of Directors voted to increase the Company’s regular quarterly dividend from $0.068 per share of common stock to $0.070 per share of common stock. This represents a 3 percent increase over the prior quarterly dividend and marks the 41st consecutive year in which the Company has increased its dividend.

The dividend is payable on May 13, 2010 to shareholders of record at the close of business on April 29, 2010.
H.B. Fuller Company is a leading worldwide manufacturer and marketer of adhesives, sealants, paints and other specialty chemical products, with fiscal 2009 net revenue of $1.235 billion.

Holly Energy Partners, L.P. (NYSE:HEP) April 23, 2010, Dallas, TX, today announced declaration of its cash distribution, for the first quarter of 2010, of $0.815 per unit. For the prior quarter, $0.805 was distributed to unitholders. Holly Energy has increased its distribution to unitholders every quarter since becoming a public partnership in July 2004. This increase marks the twenty-second consecutive quarterly increase. The distribution will be paid May 14, 2010, to unitholders of record May 4, 2010.

Holly Energy Partners, L.P., headquartered in Dallas, Texas, provides petroleum product and crude oil transportation, tankage and terminal services to the petroleum industry, including Holly Corporation, which currently owns a 34% interest (which includes a 2% general partner interest) in the Partnership. The Partnership owns and operates petroleum product and crude pipelines, tankage, terminals and loading facilities located in Texas, New Mexico, Arizona, Oklahoma, Washington, Idaho and Utah. In addition, the Partnership owns a 25% interest in SLC Pipeline LLC, a transporter of crude oil in the Salt Lake City area.

IBM (NYSE: IBM) April 27, 2010, Milwaukee, WI, declared a regular quarterly cash dividend of $0.65 per common share, payable June 10, 2010 to stockholders of record May 10, 2010.
Today's dividend declaration represents an increase of $0.10, or 18 percent higher than the prior quarterly dividend of $0.55 per common share.

IBM has increased its quarterly dividend over 330 percent since 2003. This is the 15thyear in a row that IBM has increased its quarterly cash dividend, and 7th year in a row of double-digit percent increases.

With the payment of the June 10th dividend, IBM will have paid consecutive quarterly dividends every year since 1916.
The board today also authorized $8 billion in additional funds for use in the company's stock repurchase program. IBM will repurchase shares on the open market or in private transactions from time to time, depending on market conditions.
This amount is in addition to approximately $2.0 billion remaining at the end of March from a prior authorization. With this new authorization, IBM will have approximately $10.0 billion for its stock repurchase program. IBM expects to request additional share repurchase authorization at the October 2010 board meeting.

Samuel J. Palmisano, IBM chairman, president and chief executive officer said "Our superior cash flow enables us to invest in the business and generate substantial returns to investors. Since 2003, more than $80 billion was returned through dividends and share repurchase. Our commitment to delivering value to shareholders has never wavered."

IDEX Corporation (NYSE: IEX) April 6, 2010, Northbrook, IL, announced that its Board of Directors has approved a 25 percent increase in the company's regular quarterly cash dividend. The company's Board of Directors has approved a 25 percent increase in the regular quarterly cash dividend to $0.15 per common share payable April 30, 2010 to shareholders of record as of April 15, 2010. This dividend represents the company's 62nd consecutive regular quarterly cash dividend payment.

IDEX Corporation is an applied solutions company specializing in fluid and metering technologies, health and science technologies, dispensing equipment, and fire, safety and other diversified products built to its customers' exacting specifications. Its products are sold in niche markets to a wide range of industries throughout the world.

International Paper (NYSE: IP) April 26, 2010, Memphis, TN announced that its board of directors has approved an increase in its quarterly common stock dividend from two and one-half cents ($0.025) per share to twelve and one-half cents ($0.125) per share, effective for the dividend payable June 15, 2010 to shareholders of record on May 17, 2010.

“The dividend increase reflects improving global economic conditions, increasing demand for IP’s products and our outlook for free cash flow,” said John Faraci, Chairman and CEO. “The dividend increase is also an important component of creating value for our shareholders.”

The company declared a regular quarterly dividend of $0.125 per share for the period from April 1, 2010 to June 30, 2010, inclusive, on its common stock, par value $1. This dividend is payable on June 15, 2010, to holders of record at the close of business on May 17, 2010.

The company also declared a regular quarterly dividend of $1 per share for the period from April 1, 2010 to June 30, 2010, inclusive, on the cumulative $4 preferred stock of the company. This dividend is also payable on June 15, 2010, to holders of record at the close of business on May 17, 2010.

International Speedway Corp. (NASDAQ: ISCA) April 15, 2010, Daytona Beach, FL has declared an annual dividend of $0.16 per share, payable on June 30, 2010, to common stockholders of record on May 31, 2010, marking the 37th consecutive year that the company has paid a dividend to its shareholders.
ISC paid an annual dividend of $0.14 per share in 2009.
Florida-based International Speedway owns and/or operates 13 motorsports facilities, including Daytona International Speedway in Florida.

J.M. Smucker Co. (NYSE: SJM) April 22, 2010, San Francisco, CA announcved that its board raised the quarterly dividend to 40 cents a share from 35 cents. The dividend is payable June 1 to shareholders as of May 14.

The J. M. Smucker Company is engaged in the manufacturing and marketing of branded food products on a worldwide basis. Majority of the Company’s sales are in the United States. The Company’s operations outside the United States are principally in Canada, although products are exported to other countries as well. The J.M. Smucker Company operates in four segments: U.S. retail consumer market, U.S. retail oils and baking market, U.S. retail coffee market, and special markets. The J. M. Smucker Company’s three U.S. retail market segments in total comprised nearly 80 % of the Company’s net sales during the fiscal year ended April 30, 2009 (fiscal 2009). The special markets segment represents sales outside of the U.S. retail markets and includes the Company’s Canada, foodservice, natural foods (formerly beverage), and international businesses. Sales to Wal-Mart Stores, Inc., and its subsidiaries amounted to approximately 24 % of the Company’s net sales during fiscal 2009.

Johnson & Johnson (NYSE: JNJ) April 22, 2010, New Brunswick, NJ raised its quarterly dividend by a nickel, marking the 48th consecutive year the health-care products giant has increased its payout to shareholders.
The 10% increase to 54 cents a share was due to company's "strong financial position and confidence in our ability to deliver outstanding results now and in the future," said Chairman and Chief Executive William C. Weldon.

The increase will cost the company an additional $140 million a quarter.

Many companies have reinstated dividends or raised them recently as the need to hoard cash has waned as the economy heals.

J&J said earlier this week its first-quarter earnings jumped 29% as sales increased and it booked a $910 million litigation gain.
Shares were down 1.25% to $64.57 in recent trading. The stock has risen 26% in the past year, trailing major indexes.

Johnson & Johnson employs approximately 114,000 employees at more than 250 locations. Johnson & Johnson companies work with partners in health care to touch the lives of over a billion people every day, throughout the world.

Kellogg Company (NYSE: K) April 23, 2010, Battle Creek, MI, announced that its Board of Directors declared a dividend of $0.375 per share on the common stock of the company, or $1.50 annualized.

The dividend is payable on June 15, 2010, to shareowners of record at the close of business on June 1, 2010. The ex-dividend date is May 27, 2010.

Yield on the dividend is 2.8%.

In addition, the company's board of directors announced plans to increase the quarterly dividend by 8% to $0.405 per share beginning with the third quarter of 2010.

LSB Corporation (NASDAQ: LSBX) April 21, 2010, North Andover, MA, today announced first quarter 2010 net income of $1.5 million, or $0.34 per diluted share, as compared to $805,000, or $0.18 per diluted common share, for the first quarter of 2009 and $795,000, or $0.18 per share, in the fourth quarter of 2009. This corresponds to a return on average assets and average equity of 0.77% and 10.22% in the first quarter of 2010, respectively, as compared to 0.51% and 5.45% in the first quarter of 2009, respectively.

President and CEO Gerald T. Mulligan stated, "In spite of continuing economic challenges, I am pleased to report earnings of $0.34 per diluted share for the first quarter of 2010. We continue to reduce our higher-cost wholesale funding and we expect that replacement of higher-cost wholesale funding with lower cost core deposits will have a positive impact on our net interest margin in future quarters.

"Especially gratifying is the improvement in our delinquencies and non-performing loans. Several larger credits were able to bring their loans fully current and we have confidence in the collectibility of the principal balances. There are two other relationships that have required a debt modification or rate reduction that will continue to negatively impact the Bank. Unfortunately, as long as the unemployment level remains high, we will continue to see payment stress in our residential portfolio and are working with these borrowers as needed.

The Company also announced today an increase of 28.6% in the quarterly cash dividend from $0.07 to $0.09 per share to be paid on May 20, 2010 to shareholders of record as of May 6, 2010.

Press releases and SEC filings can be viewed on our website www.RiverBk.com under the "About Us" tab.
LSB Corporation is a Massachusetts corporation that conducts all of its operations through its sole subsidiary, River Bank (the "Bank"). The Bank offers a range of commercial and consumer loan and deposit products and is headquartered at 30 Massachusetts Avenue, North Andover, Massachusetts, approximately 25 miles north of Boston. River Bank operates 5 full-service banking offices in Massachusetts in Andover, Lawrence, Methuen (2) and North Andover and 2 full-service banking offices in New Hampshire in Derry and Salem.


The Lubrizol Corporation (NYSE: LZ), April 27, 2010, Wickliffe, OH tdeclared a regular quarterly dividend of 36 cents per share payable June 10, 2010, to shareholders of record at the close of business on May 10, 2010.

The new dividend represents a 16 percent increase and reflects the company's confidence in its earnings and cash flow performance.

The Lubrizol Corporation (NYSE: LZ) is a specialty chemical company. It produces and supplies technologies to improve the quality and performance of its customers' products in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, other transportation-related fluids and industrial lubricants, as well as fuel additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for personal care products and pharmaceuticals; specialty materials, including plastics technology and performance coatings in the form of specialty resins and additives. Lubrizol's industry-leading technologies in additives, ingredients and compounds enhance the quality, performance and value of customers' products, while reducing their environmental impact.

The Lubrizol Corporation owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 6,700 employees worldwide. Revenues for 2009 were $4.6 billion.

Luxottica Group S.p.A. (NYSE: LUX) April 29, 2010, Milan, Italy, a global firm in the design, manufacture and distribution of fashion, luxury and sports eyewear, approved the consolidated results for the first quarter ending March 31, 2010.

Operating performance for the first quarter of 2010: During the first quarter of the year, the global economy achieved selective growth and even showed hopeful signs of stability, with certain countries performing solidly while others still face challenges. Against this backdrop, Luxottica has reaped the fruits of the intense work that has characterized the past quarters thanks mainly to the proven effectiveness of its integrated business model and the four key pillars of its business for 2010: Oakley, emerging markets, the North American market and efficiency.

In particular, during the first three months of 2010, Luxottica achieved positive performance in all of the key geographical regions in which it operates, confirming the success of its investments and actions. The results achieved in North America, a key region for the Group, are worthy of note: Luxottica's first quarter net sales in US dollars grew by 6.1%, mainly due to the solid performance of LensCrafters and Sunglass Hut, where comparable store sales(3) for the quarter rose by 6.6% and 10.8%, respectively. Significant results were also achieved in emerging markets, with net sales up year-over-year by over 30%.
. Shareholders approved the Company's IAS/IFRS financial statements for fiscal year 2009 and the distribution of a cash dividend of Euro 0.35 per ordinary share, reflecting a year-over-year 59% increase. The aggregate dividend amount is approximately Euro 160 million.

Based on the Borsa Italiana financial calendar, the cash dividend will be payable on May 27, 2010 (the ex dividend date will be May 24, 2010). Regarding the American Depositary Shares (ADS) listed on the New York Stock Exchange, the ex dividend date will be May 24, 2010 and, according to Deutsche Bank Trust Company Americas, the depositary bank for the ADSs, the payment date for the dividend in U.S. dollars will be June 3, 2010. The dividend amount in U.S. dollars will be determined based on the Euro/U.S. Dollar exchange rate as of May 27, 2010.

Magellan Midstream Partners, L.P. (NYSE: MMP) April 21, 2010, Tulsa, OK, has increased the partnership's quarterly cash distribution to $0.72 per unit, or $2.88 annualized. This represents a 1% increase over the previous dividend of $0.71.

The dividend will be paid May 14 to unitholders of record at the close of business on May 7. The ex-dividend date is May 5, 2010.

Yield on the dividend is 6%.

Magellan Midstream Partners, L.P. is engaged in the transportation, storage and distribution of refined petroleum products. As of December 31, 2009, the Company’s portfolio consisted of a 9,500-mile petroleum products pipeline system, including 51 petroleum products terminals serving the mid-continent region of the United States, referred to as the petroleum products pipeline system; seven petroleum products terminal facilities located along the United States Gulf and East Coasts, referred to as the marine terminals, and 27 petroleum products terminals located principally in the southeastern United States, which referred to as the inland terminals, and a 1,100-mile ammonia pipeline system serving the mid-continent region of the United States. On July 29, 2009, the Company acquired Longhorn Partners Pipeline, L.P.

Marathon Oil Corporation (NYSE: MRO) April 28, 2010, Houston, TX, announced that the company's board of directors has approved a 4 percent increase in the quarterly dividend payable on Marathon Oil Corporation common stock, resulting in a new quarterly dividend rate of 25 cents per share. The dividend is payable June 10, 2010, to stockholders of record on May 19, 2010.

With this increase, Marathon continues its track record of growing its quarterly dividend – raising it six times over the last eight years. Since 2002, the Company has increased the quarterly dividend per share, on a split-adjusted basis, by a compound average 10 percent per year.

McGrath RentCorp (NASDAQ: MGRC) April 16, 2010, Livermore, CA, board of directors declared a quarterly cash dividend of $0.225 per share for the quarter ending March 31, 2010, an increase of 2% over last year’s same period. The cash dividend will be payable on April 30, 2010, to all shareholders of record on April 16, 2010.

Founded in 1979, McGrath RentCorp is a diversified business to business rental company. Under the trade name Mobile Modular Management Corporation (Mobile Modular), it rents and sells modular buildings to fulfill customers’ temporary and permanent classroom and office space needs in California, Texas, Florida, North Carolina, Georgia, Maryland, Virginia and Washington, D.C. The Company’s TRS-RenTelco division rents and sells electronic test equipment and is one of the leading rental providers of general purpose and communications test equipment in the Americas. In 2008, the Company purchased the assets of Adler Tank Rentals, a New Jersey based supplier of rental containment solutions for hazardous and nonhazardous liquids and solids with operations today in the Northeast, Mid-Atlantic, Midwest, Southeast, Southwest and West. Also, in 2008, under the trade name TRS-Environmental, the Company entered the environmental test equipment rental business serving the Americas. In 2008, the Company also entered the portable storage container rental business in Northern California under the trade name Mobile Modular Portable Storage, and in 2009 expanded this business into Southern California, Texas and Florida.

McGraw-Hill Ryerson Limited (TSE: MHR) April 30, 2010, Whitby ON Canada gave notice that a quarterly dividend of 27.0 cents per common share has been declared payable on June 3, 2010, to shareholders of record at the close of business on May 13, 2010.

This is an increase over the previous quarterly dividend of 25.5 cents per share, which has been in effect since May 2009.

Mercer Insurance Group, Inc. (NASDAQ: MIGP) Pennington, NJ, reported its operating results today for the quarter ended March 31, 2010. Highlights: Net income of $0.54 per diluted share versus $0.46 per diluted share in the prior year's quarter; Operating income of $0.49 per diluted share versus $0.51 per diluted share in the prior year's quarter, A GAAP combined ratio of 98.1% versus 98.4% in the prior year's quarter, Book value per share of $26.20, Increase in quarterly shareholder dividend to $0.10 per share, a 33% increase.

Andrew R. Speaker, President and CEO, noted, "We are pleased, under the circumstances, that our operating income is comparable to last year's quarter, despite having incurred winter storm losses during the quarter. In recent years we have managed our east coast book to minimize our catastrophic weather exposures, and, noting that our winter storm losses are proportionately less than some of our competitors, we are pleased with the result of our efforts to manage these exposures."
Speaker continued, "We are also pleased to report that the Board of Directors has authorized an increase in our quarterly dividend to $0.10 per share. While we carefully balance our capital levels to support our current business, future opportunities and our credit ratings, we also seek to provide a good return for our shareholders."

Speaker concluded, "Underwriting discipline is the touchstone of our Company's culture, and we will continue to demonstrate that discipline in every aspect of our business. We are confident that this will best position the Company to achieve profitable results, increase book value and leave us positioned well for changing market and economic conditions. Our book value has grown to $26.20 per share, and we will continue our strong focus on steady growth in this book value."

Meridian Bioscience, Inc. (NASDAQ: VIVO) April 20, 2010, Cincinnati, OH reported second quarter net sales of $31.1 million, a decrease of 6% compared to the same period of the prior fiscal year; reported record six months net sales of $73.6 million, an increase of 9%, compared to the same period of the prior fiscal year; reported second quarter and six months operating income of $9.1 million and $22.9 million, respectively, decreases of 17% and 1%, compared to the same periods of the prior fiscal year; reported second quarter and six months net earnings of $6.0 million and $14.9 million, respectively, decreases of 18% and 3%, respectively, compared to the same periods of the prior fiscal year; reported second quarter and six month diluted earnings per share of $0.15 and $0.36, respectively, decreases of 17% and 3% compared to the same periods of the prior fiscal year; declared the regular quarterly cash dividend of $0.19 per share for the second quarter of fiscal 2010, (indicated annual rate of $0.76 per share), 12% higher than the regular quarterly rate of fiscal 2009.

The Board of Directors declared the regular quarterly cash dividend of $0.19 per share for the second quarter ended March 31, 2010. The dividend is of record April 29, 2010, and payable May 10, 2010. This annual indicated dividend rate of $0.76 per share represents a 12% increase over the fiscal 2009 rate of $0.68 per share. Meridian has now increased its regular cash dividend rate nineteen times since it established a regular dividend in 1991. Guided by the Company's policy of setting a payout ratio of between 75% and 85% of each fiscal year's expected net earnings, the actual declaration and amount of dividends will be determined by the Board of Directors in its discretion based upon its evaluation of earnings, cash flow requirements and future business developments, including acquisitions.

Meridian is a fully integrated life science company that manufactures, markets and distributes a broad range of innovative diagnostic test kits, purified reagents and related products and offers biopharmaceutical enabling technologies. Utilizing a variety of methods, these products and diagnostic tests provide accuracy, simplicity and speed in the early diagnosis and treatment of common medical conditions, such as gastrointestinal, viral and respiratory infections. Meridian's diagnostic products are used outside of the human body and require little or no special equipment. The Company's products are designed to enhance patient well-being while reducing the total outcome costs of healthcare. Meridian has strong market positions in the areas of gastrointestinal and upper respiratory infections, serology, parasitology and fungal disease diagnosis. In addition, Meridian is a supplier of rare reagents, specialty biologicals and related technologies used by biopharmaceutical companies engaged in research for new drugs and vaccines. The Company markets its products and technologies to hospitals, reference laboratories, research centers, veterinary testing centers, physician offices, diagnostics manufacturers and biotech companies in more than 60 countries around the world.

Monro Muffler Brake, Inc. (Nasdaq:MNRO), April 6, 2010 Rochester, NY a leading provider of automotive undercar repair and tire services, today announced that its board of directors has declared a quarterly cash dividend of $.07 per share on the company's outstanding shares of common stock including the shares of common stock to which the holders of the Company's Class C Convertible Preferred Stock are entitled. The dividend is payable on April 19, 2010 to shareholders of record at the close of business on April 9, 2010, and is the final payment of the company's $.28 per share cash dividend for fiscal 2010.

Additionally, the company announced that its Board of Directors has approved a $.02 increase in the company's cash dividend for the first quarter of fiscal year 2011 to $.09 per share, representing an increase of 28.6% from the quarterly dividends paid in fiscal 2010. The cash dividend is payable on the company's outstanding shares of common stock including the shares of common stock to which the holders of the company's Class C Convertible Preferred Stock are entitled. The increased dividend will be payable on June 18, 2010 to shareholders of record as of June 8, 2010.

Monro Muffler Brake operates a chain of stores providing automotive undercar repair and tire services in the United States, operating under the brand names of Monro Muffler Brake and Service, Mr. Tire, Tread Quarters Discount Tires, Autotire and Tire Warehouse. The Company currently operates 786 stores in New York, Pennsylvania, Ohio, Connecticut, Massachusetts, West Virginia, Virginia, Maryland, Vermont, New Hampshire, New Jersey, North Carolina, South Carolina, Indiana, Rhode Island, Delaware, Maine, Illinois and Missouri. Monro's stores provide a full range of services for brake systems, steering and suspension systems, tires, exhaust systems and many vehicle maintenance services.

North Penn Bancorp, Inc. (OTC Bulletin Board: NPBP) March 26, 2010, Scranton, PA, 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. Its stock symbol is NPBP.OB.

Oxford Industries, Inc. (NYSE: OXM) March 29. 2010, Atlanta, GA announced that its board of directors has declared a cash dividend of $0.11 per share payable on April 30, 2010 to shareholders of record as of the close of business on April 15, 2010. This represents a 22% increase from the dividend paid in the fourth quarter of fiscal 2009. The company has paid dividends every quarter since it became publicly owned in 1960.

Oxford Industries, Inc. is an international apparel design, sourcing and marketing company featuring a diverse portfolio of owned and licensed lifestyle brands, company-owned retail operations, and a collection of private label apparel businesses. During the fiscal year ended January 31, 2009, (fiscal 2008) approximately 64% of its net sales were from products bearing brands. The Company distributes its products through several wholesale distribution channels, including national chains, department stores, mass merchants, specialty stores, specialty catalog retailers and Internet retailers. The Company operates its business through four groups: Tommy Bahama, Ben Sherman, Lanier Clothes and Oxford Apparel.

Parker Hannifin Corporation (NYSE: PH), April 15, 2010, Cleveland, OH, the global leader in motion and control technologies, today announced that its board of directors increased the company's regular quarterly cash dividend to 26 cents per share of common stock and declared a dividend payable June 4, 2010 to shareholders of record as of May 20, 2010. This represents a 4 percent increase over the previous quarterly dividend of 25 cents per common share and is the company's 240th consecutive quarterly dividend, resulting in a total distribution to shareholders of approximately $42 million.

With annual sales exceeding $10 billion in fiscal year 2009, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 52,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 54 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.

Peoples Financial Services, (NASDAQ: PFBX) April 5, 2010, Biloxi, MS, parent of Peoples National Bank, declared a dividend of 20 cents per share payable May 14 to shareholders of record as of April 30.
The dividend is an increase of 5.3 percent, or 1 cent, over the prior year.

William Aubrey II, board chairman, said the bank has experienced strong growth in earnings the past year. That favorable trend is expected to continue in 2010.

Peoples Financial is based in Hallstead, Pa. It has bank offices in communities such as Binghamton and Conklin.

The Procter & Gamble Company (NYSE: PG) April 19, 2010, Cincinnati, OH announced that its board of directors declared an increase in the quarterly dividend from $0.44 to $0.4818 per share on its Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after May 17, 2010 to shareholders of record at the close of business on April 30, 2010. This represents a 9.5% increase compared to the prior quarterly dividend.

P&G has been paying a dividend for 120 consecutive years since its incorporation in 1890. This marks the 54th consecutive year that the Company has increased the dividend.

P&G brands include Pampers®, Tide®, Ariel®, Always®, Whisper®, Pantene®, Mach3®, Bounty®, Dawn®, Gain®, Pringles®, Charmin®, Downy®, Lenor®, Iams®, Crest®, Oral-B®, Duracell®, Olay®, Head & Shoulders®, Wella®, Gillette®, Braun® and Fusion®. The P&G community includes approximately 135,000 employees working in about 80 countries worldwide.

Quaint Oak Bancorp, Inc. (NASDAQ: QNTO) April 15, 2010, Southhampton, PA, the holding company for Quaint Oak Bank, announced today that its board of directors at their meeting on April 14, 2010 declared a quarterly cash dividend of $.03 per share on the common stock of the company payable on May 10, 2010, to the shareholders of record at the close of business on April 26, 2010.

Robert T. Strong, President and Chief Executive Officer stated, "I am pleased to announce the increase in our quarterly cash dividend to $.03 per share, which reflects our positive financial performance for 2009. As always, our current and continued business strategy includes long term profitability and payment of dividends. This focus reflects the company's strong commitment to shareholder value."

Quaint Oak Bancorp, Inc. is a community-based, savings and loan holding company providing consumer and commercial banking services through its wholly-owned subsidiary, Quaint Oak Bank, headquartered in Southampton, Pennsylvania. Quaint Oak Bank has served individuals and businesses in the Bucks County area for more than 80 years.

Realty Income Corporation (NYSE: O) April 20, 2010, Escondido, CA The Monthly Dividend Company(R), announced that its board of directors declared a common stock dividend of $0.1433125 per share, payable on May 17, 2010 to shareholders of record as of May 3, 2010. The dividend represents an annualized amount of $1.71975 per share.

The board of directors also declared dividends on the company's Monthly Income Class D and Class E preferred stock. The monthly dividends on the Class D and Class E preferred stocks are payable on May 17, 2010 to shareholders of record as of May 1, 2010. The monthly dividend amount on the Class D preferred stock is $0.1536459 per share, for an annualized amount of $1.84375 per share. The monthly dividend amount on the Class E preferred stock is $0.140625 per share, for an annualized amount of $1.6875 per share.

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 478 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 income 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.

Regal Beloit Corporation (NYSE: RBC) April 26, 2010, Beloit, WI announced that the board of directors, at their regular quarterly meeting held on Monday, April 26, 2010, declared a dividend of $.17 per share payable on July 16, 2010, to shareholders of record at the close of business on June 25, 2010. The dividend represents the 200th consecutive dividend declared by the Company.

Regal Beloit Corporation is a leading manufacturer of mechanical and electrical motion control and power generation products serving markets throughout the world. Regal Beloit is headquartered in Beloit, Wisconsin, and has manufacturing, sales, and service facilities throughout the United States, Canada, Mexico, Europe and Asia.

Renaissance Learning Inc., (NASDAQ: RLRN) April 21, 2010, Wisconsin Rapids, WI, a provider of educational assessment technology, said Wednesday that its board has decided to increase the quarterly cash dividend by 14 percent.

The dividend will increase to 8 cents per share from 7 cents per share. The first dividend at the new rate will be payable June 1 to shareholders of record May 7.

"Today's board action is a reflection of our confidence in the company's long-term growth prospects, strong cash flow and overall financial strength," said Terrance Paul, CEO of Renaissance Learning.

On Monday, the company reported growth in earnings and revenue for the first quarter of 2010 behind strong order growth. Net income increased to $5.8 million, or 20 cents per share, up 48 percent compared with $3.9 million, or 13 cents per share, for the same period the year before. Revenue increased 11.6 percent to $32.2 million from $28.9 million.

RLI Corp. (NYSE: RLI) April 19, 2010 Peoria, IL reported first quarter 2010 operating earnings of $20.0 million ($0.94 per share), compared to $22.5 million ($1.03 per share) for the first quarter of 2009.

The company paid a first quarter cash dividend of $0.28 per share on April 15, 2010, a 7.7% increase over the same period in 2009. RLI's cumulative dividends, including this recent payment, are more than $210 million paid in 135 consecutive quarters. The company's dividend yield would be 1.9% based on the $1.12 annualized dividend and today's closing stock price of $59.49.

The company's quarterly dividend has grown by an average of 15.1% over the last 10 years.

RLI, a specialty insurance company, offers a diversified portfolio of property and casualty coverages and surety bonds serving "niche" or underserved markets. RLI operates in all 50 states from office locations across the country. The company's talented associates have delivered underwriting profits in 29 of the last 33 years, including the last 14 consecutive years. RLI's insurance subsidiaries -- RLI Insurance Company, Mt. Hawley Insurance Company and RLI Indemnity Company -- are rated A+ "Superior" by A.M. Best Company and A+ "Strong" by Standard & Poor's.

RPM International Inc. (NYSE: RPM) April 6, 2010, Medina, OH announced that its board of directors has declared a regular quarterly cash dividend of $0.205 per share, payable on April 30, 2010 to stockholders of record as of April 16, 2010. This payment represents a 2.5% increase over the $0.20 quarterly cash dividend paid at this time last year.

RPM's latest cash dividend increase in October 2009 marked its 36th consecutive year of increased cash dividends paid to its stockholders,

RPM International Inc., a holding company, owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services serving both industrial and consumer markets. RPM's industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. Industrial brands include Stonhard, Tremco, illbruck, Carboline, Day-Glo, Euco and Dryvit. RPM's consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement, boat repair and maintenance, and by hobbyists. Consumer brands include Zinsser, Rust-Oleum, DAP, Varathane and Testors.

Sensient Technologies Corporation (NYSE: SXT) April 22, 2010, Milwaukee, WI, announced an increase in the quarterly cash dividend on its common stock from 19 cents per share to 20 cents per share. The increase will be effective for the quarterly dividend payable on June 1, 2010, to shareholders of record on May 6, 2010.
“We want our shareholders to benefit from our continued strong performance,” said Kenneth P. Manning, Chairman and CEO of Sensient Technologies Corporation. “This increase raises our dividend payments to 80 cents per share annually and reflects confidence in the strength of our business. With this increase, our quarterly dividend has risen by more than 33% over the past four years.”

Sensient Technologies Corporation is a leading global manufacturer and marketer of colors, flavors and fragrances. Sensient employs advanced technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, inkjet and specialty inks and colors, and other specialty chemicals. The company’s customers include major international manufacturers representing most of the world’s best-known brands. Sensient is headquartered in Milwaukee, Wisconsin.

Sonoco (NYSE: SON) April 21, 2010, Hartsville, SC declared a $.28 per share quarterly common stock dividend, an increase from the previous quarterly dividend of $.27 per share. The dividend will be payable June 10, 2010, to shareholders of record as of May 14, 2010.

According to Harris E. DeLoach Jr., chairman, president and chief executive officer, this is the 28th consecutive year that Sonoco has increased common stock dividends and 340th consecutive quarter, dating back to 1925, that the Company has paid dividends to shareholders. If annualized, Sonoco's new dividend is projected to increase from $1.08 to $1.12 per share, an increase of 3.7 percent. The projected annual dividend of $1.12 per share would provide a yield of approximately 3.4 percent, based on the Company's closing stock price of $33.00 as of April 20, 2010.

Founded in 1899, Sonoco is a $3.6 billion global manufacturer of industrial and consumer products and provider of packaging services, with more than 300 operations in 35 countries, serving customers in some 85 nations.

The Southern Company, (NYSE: SO) April 19, 2010, Atlanta, GA said it will increase its annual dividend 7 cents a share, or 4 percent, to $1.82 a share.
The total will be paid in quarterly dividends, the company said. In the second through fourth quarters, Southern will pay a dividend of 45.5 cents a share.

The second quarter's dividend will be payable on June 5 to shareholders of record on May 3.

Southern Company owns all of the outstanding common stock of Alabama Power, Georgia Power, Gulf Power, and Mississippi Power, each of which is an operating public utility company. The traditional operating companies supply electric service in the states of Alabama, Georgia, Florida, and Mississippi. In addition, Southern Company owns all of the common stock of Southern Power, which is also an operating public utility company. Southern Power constructs, acquires, owns, and manages generation assets and sells electricity at market-based rates in the wholesale market. Southern Company also owns all of the outstanding common stock or membership interests of SouthernLINC Wireless, Southern Nuclear, SCS, Southern Holdings, Southern Renewable Energy, and other direct and indirect subsidiaries. SouthernLINC Wireless provides digital wireless communications for use by Southern Company and its subsidiary companies.

STMicroelectronics (NYSE: STM) April 19, 2010, Geneva, Switzerland, announced a proposed increase in the company's annual cash dividend to USD0.28 per share of common stock.
This is significantly higher than the annual dividend of USD0.12 per share paid last year.

The new dividend, which is subject to shareholder approval, will be payable in four equal quarterly instalments in June, August and December 2010 and February 2011.

The first payment date is set for 3 June for the European stock exchanges and 8 June for the NYSE.

The proposed dividend represents a 2.7% yield on the company's share price at closing on Friday on the NYSE.

STMicroelectronics N.V. is an independent semiconductor company that designs, develops, manufactures and markets a range of semiconductor products used in a variety of microelectronic applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. Its products are manufactured and designed using a range of manufacturing processes and design methods. It uses all of the prevalent function-oriented process technologies, including complementary metal-on silicon oxide semiconductor (CMOS), bipolar and nonvolatile memory technologies. In addition, by combining basic processes, it has developed advanced systems-oriented technologies that enable the Company to produce differentiated and application-specific products. On February 3, 2009, the Company combined the businesses of Ericsson Mobile Platforms (EMP) and ST-NXP Wireless into a new venture, ST-Ericsson.

Tanger Factory Outlet Centers, Inc. (NASDAQ: SKT) April 8, 2010 Greensboro, NC, announced today that its board of directors approved an increase in the annual dividend on its common shares from $1.53 per share to $1.55 per share. Simultaneously, the Board of Directors declared a quarterly dividend of $0.3875 per share for the first quarter ended March 31, 2010. A cash dividend of $0.3875 per share will be payable on May 14, 2010 to holders of record on April 30, 2010.

The company has paid dividends each quarter since becoming a public company in May 1993.
Tanger Factory Outlet Centers, Inc., is a publicly-traded REIT headquartered in Greensboro, North Carolina that presently operates and owns, or has an ownership interest in, a portfolio of 33 upscale outlet shopping centers in 22 states coast to coast, totaling approximately 10.2 million square feet leased to over 1,900 stores operated by 330 different brand name companies. More than 150 million shoppers visit Tanger Outlet Centers annually.


The TJX Companies, Inc. (NYSE: TJX) April 6, 2010, Framingham, MA, the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced that its board of directors declared a regular quarterly dividend in the amount of $.15 per share, representing a 25% increase in the per share amount from the last dividend paid. The dividend is payable June 3, 2010, to shareholders of record on May 13, 2010.

Carol Meyrowitz, President and Chief Executive Officer of The TJX Companies, Inc. stated, "I am pleased to report that our Board of Directors has approved this 25% increase in our quarterly dividend, which underscores our confidence in our business and marks the 14th consecutive year we have raised the dividend. In addition to the dividend increase, we continue to expect to repurchase between $900 million and $1 billion of TJX stock in 2010, in line with our plan. Our tremendous cash flow allows us to fund these significant shareholder distributions while simultaneously investing in the growth of our business. As announced earlier this year, we plan to fund an acceleration in our store growth given the high-return investment opportunities we have in the U.S., Canada and Europe. Even with the increased shareholder distribution and capital spending, we are maintaining significant financial flexibility and expect to end 2010 with well over $1 billion in cash."

The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 890 T.J. Maxx, 813 Marshalls, 323 HomeGoods, and 150 A.J. Wright stores in the United States. In Canada, the Company operates 208 Winners, 79 HomeSense, and 3 STYLESENSE stores, and in Europe, 269 T.K. Maxx and 14 HomeSense stores.

Todd Shipyards Corporation (NYSE: TOD) March 29, 2010, Seattle, WA announced that its board of directors, at its March meeting, declared a two and one-half cent ($0.025) increase in its quarterly dividend to seven and one-half cents ($0.075) per share, to be paid June 23, 2010 to all shareholders of record as of June 8, 2010.

The company's wholly owned subsidiary, Todd Pacific, performs a substantial amount of repair and maintenance work on commercial and federal government vessels engaged in various seagoing trade activities in the Pacific Northwest and provides new construction and industrial fabrication services for a wide variety of customers. Its customers include the U.S. Navy, the U.S. Coast Guard, NOAA, the Washington State Ferry system, the Alaska Marine Highway System, and various other commercial and governmental customers. Todd has operated a shipyard in Seattle since 1916.

Tompkins Financial Corporation ( AMEX: TMP) April 21, 2010, Ithaca, NY announced today that its board of directors approved payment of a regular quarterly cash dividend of $0.34 per share, payable on May 14, 2010, to common shareholders of record on May 7, 2010. The current dividend represents a 10.0% increase over the $0.309 cash dividend paid in the second quarter of 2009 (adjusted for 10% stock dividend paid on February 15, 2010).

Tompkins Financial Corporation is a financial holding company, headquartered in Ithaca, NY. The Company is the parent for Tompkins Trust Company, The Bank of Castile, Mahopac National Bank, Tompkins Insurance Agencies, Inc., and AM&M Financial Services, Inc.

The Travelers Companies, Inc. (NYSE: TRV) April 23, 2010 St. Paul, MN declared its quarterly dividend of 36 cents per share, an increase of about nine percent over its prior dividend. With the dividend increase, the company also announced earnings of $647 million that fell just short of Wall Street estimates.

TransAlta Corporation (TSX: TA; NYSE: TAC) April 29, 2010, Calgary, Alberta, Canada has announced a quarterly dividend of CAN$0.29 per share on common shares payable July 1, 2010 to shareholders of record at the close of business June 1, 2010.
The board of directors also approved the issuance of common shares from Treasury at a three per cent discount under TransAlta’s Dividend Reinvestment and Share Purchase Plan (DRASP), commencing with the common share dividend payable on July 1, 2010. All currency is expressed in Canadian dollars except where noted.

TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. TransAlta maintains a low-to-moderate risk profile by operating a highly contracted portfolio of assets in Canada, the United States and Australia. TransAlta’s focus is to efficiently operate our biomass, geothermal, wind, hydro, natural gas and coal facilities in order to provide our customers with a reliable, low-cost source of power. For 100 years, TransAlta has been a responsible operator and a proud contributor to the communities where we work and live.

UGI Corporation (NYSE: UGI) April 27, 2010 Valley Forge, PA, a holding company with propane marketing, utility and energy marketing subsidiaries, approved an increase in the quarterly dividend of 25% to $0.25 per share on the company's common stock. This increases the annualized dividend rate to $1.00 per share. The dividend is payable July 1, 2010 to shareholders of record as of June 15, 2010. This represents UGI's 23rd consecutive annual increase and its 126th consecutive annual dividend.

Lon R. Greenberg, chairman and chief executive officer of UGI, said, "The substantial dividend increase reflects our confidence in UGI's future prospects and cash flows. The success of our growth initiatives over the past several years, coupled with strong cash flows from operations, led us to raise our dividend significantly above our stated target rate of 4% per year, as we did in 2004 and again in 2005. Given the opportunities for long term growth in each of our businesses, we remain confident that we will continue to meet our goals of growing earnings per share at a long term average rate of 6% to 10% per year and growing our dividend at a rate of 4% per year."

"We recognize that our shareholders value a balance of income and growth and we believe this dividend increase provides that balance," continued Greenberg. "The additional dividend payout will bring our payout ratio toward the upper end of our stated range of 35% to 45% for the next couple of years."

UGI is a holding company with propane marketing, utility and energy marketing subsidiaries. Through subsidiaries, UGI owns 44% of AmeriGas Partners, L.P. the nation's largest retail propane marketer, and owns Antargaz, one of the largest LPG distributors in France.

United Technologies Corp. (NYSE:UTX) April 14, 2010, Hartford, CT, declared a dividend of 42.5 cents per common share payable June 10 to shareowners of record at the close of business May 14. The ex-dividend date is May 12.

UTC has paid cash dividends on its common stock for 74 consecutive years dating to 1936.

Based in Hartford, Connecticut, UTC is a diversified company that provides high technology products and services to the aerospace and building industries worldwide.

Universal Forest Products, Inc. (NYSE: UFPI) April 15, 2010, Grand Rapids, MI announced that its board of directors approved a semiannual dividend payment of $0.20 per share, marking the 28th consecutive year the company has paid a dividend. The dividend was approved at the board's April 14, 2010, meeting and is payable on June 15, 2010, to shareholders of record on June 1, 2010.

"Last October, when we approved the largest increase to our semiannual dividend in our history, we vowed to maintain payments at the increased level if we maintained our strong balance sheet, profitability and cash flow," said Chairman William G. Currie. "I'm proud to say that we continue to maintain a solid financial position, and, with a dividend, we will reward those who have placed their trust and investment in Universal."

"We're strong, we have faith in our strategies and our people, and we have a great outlook on our future," Currie added. "We're proud to be in a position to offer a dividend and still have the resources we need to sustain our growth strategies."

Universal Forest Products, Inc. is a holding company that provides capital, management and administrative resources to subsidiaries that design, manufacture and market wood and wood-alternative products for DIY/retail home centers and other retailers, structural lumber and other products for the manufactured housing industry, engineered wood components for the site-built construction market, and specialty wood packaging and components and packing materials for various industries. Universal's subsidiaries also provide framing services for the site-built market, and forming products for concrete construction. The Company's consumer products subsidiary offers a large portfolio of outdoor living products, including wood composite decking, decorative balusters, post caps and plastic lattice. Its lawn and garden group offers an array of products, such as trellises and arches, to retailers nationwide. Founded in 1955, Universal Forest Products is headquartered in Grand Rapids, Mich., with operations throughout North America.

Valmont Industries, Inc. (NYSE: VMI) April 27, 2010, Omaha, NE has increased the company’s quarterly cash dividend effective this July. The second quarter cash dividend will be 16.5 cents per share payable on July 15, 2010 to shareholders of record on June 25, 2010. The dividend is an increase of 10.0% from the prior quarter’s dividend, and indicates an annual rate of 66 cents per share.

Valmont is the global leader in designing and manufacturing poles, towers and structures for lighting and traffic, wireless communication and utility markets, and a provider of protective coating services. Valmont also leads the world in mechanized irrigation equipment for agriculture, enhancing food production while conserving and protecting natural water resources.

Walgreens (NYSE:WAG) April 12, 2010, Deerfield, IL, declared a regular quarterly dividend of 13.75 cents per share, a 22.2 percent increase over the year-ago dividend, payable June 12, 2010, to shareholders of record May 20, 2010.
Walgreens has paid a dividend in 310 straight quarters (more than 77 years) and has increased its dividend by an average compound annual rate of more than 20 percent over the last six years. In October 2009, the board set a long-term dividend payout target of 30 to 35 percent of net earnings. The company’s current dividend to earnings payout ratio is 25 percent.
Walgreens is the nation’s largest drugstore chain with fiscal 2009 sales of $63 billion. The company operates nearly 7,500 drugstores in all 50 states, the District of Columbia and Puerto Rico. Walgreens provides the most convenient access to consumer goods and services and cost-effective pharmacy, health and wellness services in America through its retail drugstores and Walgreens Health and Wellness division. The division includes Take Care Health Systems, the largest and most comprehensive manager of worksite health and wellness centers and in-store convenient care clinics, with more than 700 locations throughout the country.

Walter Energy (NYSE: WLT) April 22, 2010, Tampa, FL a U.S. producer and exporter of premium hard coking coal for the global steel industry, announced today that its board of directors has declared a regular quarterly dividend of $0.125 per common share, payable on June 4, 2010 to shareholders of record at the close of business on May 7, 2010.

Walter Energy is a U.S. also produces steam coal and industrial coal, metallurgical coke and coal bed methane gas. The Company has revenues of approximately $1.0 billion and employs approximately 2,100 people..

Wayne Savings Bancshares, Inc. (Nasdaq:WAYN), March 29, 2010, Wooster, OH, the stock holding company parent of Wayne Savings Community Bank, has declared a cash dividend of $.06 per share on the company's common stock for the quarter ending March 31, 2010. This represents an annualized dividend of $.24 per share. The quarterly cash dividend will be paid on April 28, 2010 to stockholders of record as of April 14, 2010.

The new quarterly dividend rate of $.06 per share (2.9% yield based on the closing price of $8.25 on March 25, 2010) represents a 20% increase from the previous quarterly dividend rate of $.05 per share. According to Phillip E. Becker, President and Chief Executive Officer, "Since last year's reduction in the dividend to preserve capital in light of troubling economic conditions that negatively affected asset quality and earnings, Wayne Savings has continued to be profitable, has enhanced its strong tangible capital position and has made necessary provisions for credit losses. As indicated in our statement of last year, we have revisited the quarterly dividend rate, and, given intervening economic stabilization, we believe it appropriate to incrementally increase the dividend to our shareholders as part of our balanced approach to providing returns to shareholders in the context of prudent balance sheet management and exemplary customer service in our local banking market."

At December 31, 2009, Wayne Savings Bancshares, Inc. had total assets of $403.3 million, deposits of $309.0 million, and stockholders' equity of $36.6 million, or 9.08% of total assets.

Established in 1899, Wayne Savings Community Bank, the wholly owned subsidiary of Wayne Savings Bancshares, Inc., has eleven full-service banking locations in the communities of Wooster, Ashland, Millersburg, Rittman, Lodi, North Canton, and Creston, Ohio.

Williams Partners L.P. (NYSE: WPZ) April 22, 2010, Tulsa, OK announced today that the regular quarterly cash distribution its unitholders receive has been increased to $0.6575 per unit.
The new per-unit amount is a 3.5-percent increase over the partnership's fourth-quarter 2009 distribution of $0.635 per unit. This marks the initial distribution increase as a result of the asset contribution transactions with Williams (NYSE: WMB) that were completed earlier this year.

The board of directors of the partnership's general partner has approved the quarterly cash distribution, which is payable on May 14, 2010, to unitholders of record at the close of business on May 7.

Williams Partners L.P. is a leading diversified master limited partnership focused on natural gas transportation; gathering, treating, and processing; storage; natural gas liquid (NGL) fractionation; and oil transportation. The partnership owns interests in three major interstate natural gas pipelines that, combined, deliver 12 percent of the natural gas consumed in the United States. The partnership's gathering and processing assets include large-scale operations in the U.S. Rocky Mountains and both onshore and offshore along the Gulf of Mexico.

Williams-Sonoma, Inc. (NYSE: WSM) March 22, 2010, San Francisco, CA 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.”

Williams-Sonoma, Inc. is a nationwide specialty retailer of high quality products for the home. These products, representing six distinct merchandise strategies – Williams-Sonoma, Pottery Barn, Pottery Barn Kids, PBteen, West Elm and Williams-Sonoma Home – are marketed through 610 stores, seven direct mail catalogs and six e-commerce websites.

W.W. Grainger, Inc. (NYSE: GWW) April 28, 2010, Chicago, IL. announced today that its board of directors raised the quarterly cash dividend by 17 percent to 54 cents per share payable on June 1, 2010, to shareholders of record on May 10, 2010. This reflects the 39th consecutive year of dividend increases, a record that only 15 S&P 500 companies can claim.

"Grainger has demonstrated a history of strong, stable cash generation. Our 17 percent increase affirms our desire to continue to return cash through dividends, which rewards our long-term shareholders," said Grainger Chairman, President and Chief Executive Officer Jim Ryan. "Our company is proud of its record of growing total shareholder return by more than 9 percent per year over the past ten years, a period when the broad market lost value at a rate of about 1 percent a year. That's due not just to the rise in the stock price, but also the strategic investments we've made in growing the business, the steady increase in our dividends, which grew by 11 percent a year, and our active share repurchase."

Ryan added, "Our first focus is to use our operating cash flow for capital expenditures that help keep the company growing. For example, this year we plan to invest in increasing the capacity of our supply chain in North America. We also expect to increase shareholder value by finding ways to accelerate growth in the maintenance, repair and operating products business on a global basis."

W.W. Grainger, Inc. with 2009 sales of $6.2 billion is North America's leading broad line supplier of maintenance, repair and operating products with an expanding presence in Asia and Latin America.

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