.
An occasional note on dividends. This is an informal collection of some information on dividend increases for U.S. stocks.
No commentary, analysis or recommendation is offered in this informal journal.
(signed) WCRX-LP Editorial Collective.
ALCOA Inc. (NYSE: AA) July 24, 2009 declared a quarterly common stock dividend Friday of 3 cents per share payable Aug. 25 to shareholders of record at the close of business on Aug. 7.
ALCOA also announced revenues for the quarter were $4.2 billion, a 2 percent increase from the first quarter of 2009, but a decrease from the $7.2 billion in the second quarter of 2008. Metal prices were lower and the company's curtailed aluminum and alumina production in response to reduced demand.
The ALCOA board of directors also declared a quarterly dividend of 93.75 cents per share on ALCOA's $3.75 cumulative preferred stock payable Oct. 1 to shareholders of record at the close of business on Sept. 11.
American Water Works Co. (NYSE: AWK) July 31, 2009 announced that its board approved an increase of a penny in the company's dividend to 21 cents a share.
The new dividend is payable Sept. 1 to shareholders on Aug. 18.
American Water supplies water and wastewater services to 15 million people in 32 states and in Canada. It became a publicly traded company in April 2008, when German utility RWE AG sold a 36 percent stake. RWE has since sold additional shares and, as of June, retained about a 47 percent interest.
A. O. Smith (NYSE: AOS) July 15, 2009 is a manufacturer of electric motors and residential and commercial water heaters. The company increased its dividend 2.6% to $0.195/ share. The dividend is payable on August 17th to shareholders of record July 31st.
A O Smith has increased its dividend for 16 consecutive years. The current yield based on the new dividend is 2.29%.
Baxter International Inc. (NYSE: BAX) July 16, 2009 today reported strong financial results for the second quarter of 2009 and raised its full-year financial outlook.
Baxter’s worldwide sales in the first half of the year totaled $5.9 billion, and declined 2 percent, from $6.1 billion in the prior-year period. Excluding the impact of foreign currency, sales growth for the first six months of 2009 was 7 percent. Sales within the United States totaled $2.6 billion, an increase of 6 percent over the same period last year, while international sales declined 7 percent (and excluding the impact of foreign currency increased 8 percent) to $3.4 billion.
Cash flow from operations totaled $1.0 billion in the first half of 2009, and the company has returned $1.2 billion to shareholders through both share repurchases and dividends during the first six months of the year. Baxter repurchased 16 million shares of common stock (or 13 million on a net basis) for approximately $866 million (or $743 million on a net basis), and paid dividends totaling $318 million, an increase of 16 percent versus the prior year.
Canadian National Railway (NYSE: CNI) July 21, 2009 announced its quarterly dividend of 25.25 cents per share, an increase of about 11% over its prior dividend in June of 22.75 cents.
CARBO Ceramics Inc. (NYSE: CRR) July 21, 2009 announced today that its Board of Directors has approved an increase in the Company's dividend, raising the quarterly dividend 6% to 18 cents per common share.
The dividend is payable on August 17, 2009 to shareholders of record as of August 3, 2009.
Gary Kolstad, Chief Executive Officer and President of CARBO Ceramics, said, " This dividend increase once again reflects the Board of Directors' continued confidence in the long-term outlook for our business and in the company's ability to sustain its financial strength."
This dividend increase represents the ninth consecutive year the company increased its dividend to shareholders.
CARBO is the world's largest supplier of ceramic proppant, the provider of the world's most popular fracture simulation software, and a leading provider of fracture design and consulting services. The company also provides a broad range of technologies for geotechnical monitoring.
Chevron (NYSE: CVX) July 29, 2009 announced today that its Board of Directors has determined to increase its quarterly dividend by 5% to $.68 per share.
Chevron’s current dividend yield will now be 4.1%.
The dividend will be payable on September 10, 2009 to shareholders of record as of August 19, 2009.
This will be the 22nd consecutive year that Chevron has increased its annual dividend payment.
Chevron’s shares finished down 1.8% to close at $67.12 today. Since the beginning of 2009, the stock has dropped 9%.
Comm Bancorp Inc. (NASDAQ: CCBP) July 22, 2009 and its Board of Directors today declared a dividend of $0.28 per share for the third quarter of 2009. The dividend, which is a 3.7% increase compared to the same quarter of 2008, is payable October 1, 2009, to shareholders of record September 15, 2009. Year-to-date dividends declared totaled $0.84 per share in 2009 and $0.81 per share in 2008.
Comm Bancorp, Inc. serves the Lackawanna, Luzerne, Monroe, Susquehanna, Wayne and Wyoming counties of Pennsylvania through its subsidiary's, Community Bank & Trust Company, fifteen banking offices and one loan production office. In addition, customers can take advantage of Klick(SM) Banking, on-line banking services, by accessing the Company's web site at http://www.combk.com .
Eagle Bancorp (OTCBB EBMT) July 16, 2009 the stock holding company of American Federal Savings Bank reported net income of $2,388,000, or $2.23 per share ($1.96 per share diluted), for the year ended June 30, 2009, and announced an increase in its cash dividend to $0.26 per share.
These earnings represent an increase of $278,000, or 13.2%, compared to $2,110,000 for the year ended June 30, 2008. Earnings for the quarter ended June 30, 2009 were $905,000, or $0.84 per share ($0.74 per share diluted), an increase of 1.8% compared to $889,000 for the quarter ended June 30, 2008.
Eagle's quarterly cash dividend of $0.26 per share for the fourth quarter of Eagle's fiscal year represents an increase of $0.005 per share, or 1.96%, over the previous quarter's dividend. The dividend is payable August 28, 2009 to shareholders of record at the close of business on August 7, 2009.
El Paso Pipeline Partners (NYSE: EPB) July 21, 2009 declared its second quarter distribution of thirty three cents per share, an increase of about two percent over the prior distribution.
FFD Financial Corporation (Nasdaq: FFDF) July 14, 2009 announced that the Board of Directors declared a dividend of seventeen cents ($0.17) per share to shareholders of record on July 31, 2009, payable on August 14, 2009. The rate of $.17 per share represents an increase of one-half cent, or 3%, over the dividend paid for the same period the prior year.
This is the fifty-fourth consecutive quarter FFD Financial Corporation has paid a dividend.
Current annual dividend yield is 6.80%.
FFD Financial Corporation operates as a holding company for First Federal Community Bank that provides general banking products and services in the north central Ohio.[SM]
General Mills (NYSE: GIS) July 14, 2009 raised its annualized dividend by 9% to $1.88 from $1.72 per share, earlier. The quarterly dividend increased by 4% to $0.47 and is payable on August 3, 2009, to shareholders on record as of July 10, 2009.
The dividend increase is a testimony of the company’s robust financial health, confidence in its key growth strategies and excellent growth prospects, going forward.
GIS reported strong fourth quarter and full year 2009 results. The company’s U.S. retail unit, which includes Pillsbury baking products and Green Giant Frozen vegetables, posted a strong 12% increase. In addition, core brands such as Yoplait and Big G cereals also posted double-digit revenue increase.
Harleysville Savings Financial Corp. (NASDAQ: HARL) July 15, 2009 announced an unusual move for a bank these days: The small Montgomery County bank, which has $825 million in assets, boosted its quarterly dividend.
The 5.6 percent increase, to 19 cents from 18 cents, comes at a time when many banks are cutting their dividends to rebuild a capital base battered by losses on loans and investments.
The company also reported a quarterly profit of $856,000, or 24 cents per share, down from $1.04 million, or 29 cents per share in the same period a year ago.
This year's results included an expense of $287,000 for a Federal Deposit Insurance Corp. special assessment to rebuild that agencies coffers.
Healthcare Services Group, Inc. (NASDAQ: HCSG) July 14, 2009 reported that revenues for the three months ended June 30, 2009 increased 16% to $170,896,000 compared to $147,918,000 for the same 2008 period. Net income for the three months ended June 30, 2009 increased over 12% to $7,815,000 or $.18 per basic and per diluted common share, compared to the 2008 second quarter net income of $6,953,000 or $.16 per basic and per diluted common share.
The Board of Directors has declared a second quarter 2009 regular quarterly cash dividend of $.19 per common share, payable on August 7, 2009 to shareholders of record at the close of business July 24, 2009. This represents a 6% increase over the dividend declared for the 2009 first quarter and a 27% increase over the 2008 same period payment. It is the 25th consecutive regular quarterly cash dividend payment, as well as the 24th consecutive increase since our initiation of regular quarterly cash dividend payments in 2003.
Hudson City Bancorp, Inc. (NASDAQ: HCBK,) July 22, 2009 second quarter profit jumped nearly 16% beating the estimates and retaining a significant growth in deposits over the period. However, the increase in net income was shadowed by rising bad loans which have accumulated over the period.
Quarterly earnings of $127.9 million, or $0.26 per share, have easily beaten the year ago result of $110.7 million, or 22 cents per share. Consensus analyst expectations were around 24 cents per share.
During the quarter, Hudson wrote down $32.5 million on loan loss provision charges. The number has increased noticeably since the first quarter 2009, when it summed up to $20 million. In effort to soothing investors, the company's representative pointed out the increase was mainly due to unfavorable economic conditions and rising unemployment.
To offset the losses from non-performing loans, the bank decreased the cost of deposits to 2.43%. Hudson achieved $1.3 billion growth in deposits over the quarter reporting a 17.5% quarter to quarter increase. At the same time the company originated $1.7 billion in new loans and bought $1.2 million of mortgage loans.
In relation to better than expected Q2 results the board of directors declared a quarterly cash dividend of $0.15 per share. The current dividend payout has been increased by 1 cent per share since the previous quarter's payout.
Inergy Holdings GP, LLC (NASDAQ: NRGP) July 27, 2009 announced an increase in its quarterly cash distribution to $0.78 per limited partner unit ($3.12 annually) for the quarter ended June 30, 2009. This represents an approximate 4% increase over the previously declared quarterly distribution of $0.75 per limited partner unit and an approximate 28% increase over the distribution for the same quarter of the prior year.
The distribution will be paid on August 14, 2009, to unitholders of record as of August 7, 2009. [SM]
Kaydon Corporation (NYSE: KDN) July 31, 2009 today announced its results for the second fiscal quarter ended July 4, 2009.
During the second quarter of 2009, sales of friction control products totaled $64.2 million compared to $86.8 million in the prior second quarter. Sales to all major markets, except wind energy, in the first half of 2009 were below the comparable periods of the prior year. Sales to the defense market were below prior year for the quarter and year to date as the prior year's MRAP production and shipments have not thus far been replaced by this year's combined MRAP and M-ATV shipments. The recent awards for the M-ATV program have resulted in orders and will result in shipments in the second half of 2009 with additional potential orders as the program continues to ramp up.
Sales to the wind energy market were $19.8 million in the second quarter of 2009, an increase of $0.6 million compared to the second quarter of 2008. Sales to the wind energy market for the first six months of 2009 increased to $40.7 million, 17 percent higher than the first six months of 2008. While long term policy discussions and legislative proposals centering on reducing carbon emissions and promoting growth in renewable energy alternatives remain positive for the long term, the absence of a well-defined renewable electricity standard on a national basis and ongoing customer issues associated with their accessing the financing markets have impacted both current orders and shipments. The lack of visibility and readily accessible financing has resulted in customers continuing to defer receipt of shipments and to refrain from placing new orders until conditions improve.
Second quarter 2009 friction control products operating income totaled $9.8 million, compared to $22.1 million in the prior second quarter. Results of this segment were affected by lower volumes, adverse changes in product mix, higher pension and depreciation costs, and costs incurred related to labor and other cost reductions.
Sales of velocity control products were $10.2 million in the second quarter of 2009 compared to $20.0 million in the second quarter of 2008, due to reduced demand in all regions and the adverse effects of exchange rate changes. Operating income in the second quarter of 2009 totaled $0.9 million compared to $6.1 million in the second quarter of 2008 due principally to the effects of the lower volume.
Sales of sealing products were $9.6 million in the second quarter of 2009 compared to $11.7 million in the second quarter of 2008, as lower volume was only partially offset by higher pricing. Operating income declined to $0.8 million in the 2009 period due to lower volume and lost absorption in addition to costs associated with the current period's downsizing.
Sales of the Company's remaining businesses equaled $14.3 million during the second quarter of 2009 compared to $21.4 million in the prior second quarter resulting from lower demand for liquid filtration, air filtration, and metal alloy products. Operating income decreased from $3.3 million in the 2008 period to $1.1 million in the 2009 period, due to the lower volumes.
During the second quarter of 2009, the Company paid common stock dividends of $.17 per share or $5.7 million. For the third quarter of 2009, the Company declared a dividend of $.18 per share, payable on October 5, 2009. This 5.9 percent increase in quarterly dividends reflects the Company's confidence in the fundamental strength and cash generating ability of its businesses.
The Company had unrestricted cash totaling $210.7 million, $295.1 million in committed available credit and no debt outstanding as of July 4, 2009.
Readers should refer to the attached Reconciliation of Non-GAAP Measures exhibit for the calculation of free cash flow and the reconciliation of free cash flow to the most comparable GAAP measure.
Kaydon Corporation is a leading designer and manufacturer of custom-engineered, performance-critical products, supplying a broad and diverse group of industrial, aerospace, medical and electronic equipment, alternative-energy, and aftermarket customers.
Kellogg Company (NYSE: K) July 24, 2009 announced its quarterly dividend of 37.5 cents per share, an increase of about 10% over its prior dividend in May of 34 cents.
Landstar System, Inc. (NASDAQ: LSTR) Jul7 15, 2009 delivers safe, specialized transportation and logistics services to a broad range of customers worldwide. The Company identifies and fulfills shippers' needs through the coordination of individual businesses comprised of independent sales agents and third-party transportation and logistics capacity providers.
Through its operating subsidiaries, Landstar delivers excellence in complete transportation logistics services and solutions. All Landstar transportation companies are certified to ISO 9001:2000 quality management system standards. Landstar System, Inc. is headquartered in Jacksonville, Florida. Its common stock trades on The NASDAQ Stock Market(R) under the symbol LSTR.
Landstar System, Inc. also announced that its Board of Directors has declared a quarterly dividend of $0.045 per share. This represents a 13 percent increase in the Company's quarterly dividend. The dividend is payable on August 28, 2009 to stockholders of record at the close of business on August 10, 2009. It is the intention of the Board of Directors to continue to pay a quarterly dividend. Under the Company's authorized share purchase programs, the Company currently has a total of 2,556,200 shares of its common stock available for purchase.
Lazard Ltd. (NYSE: LAZ) July 26, 2009 said its second-quarter profit fell nearly 18 percent on shrinking revenue across most of its financial advisory and asset management businesses, but the result beat Wall Street's expectations.
New York-based Lazard also raised its quarterly dividend in an announcement after markets closed Tuesday, and its shares rose almost 13 percent in afternoon trading.
For the three months ended June 30, New York-based Lazard reported net income of $28.2 million, or 34 cents per share, down from $34.3 million, or 54 cents per share, in the year-ago quarter.
Assuming the future conversion of ownership interests received by Lazard's senior management when the company went public in late 2005, the company posted a profit of $43.1 million, or 34 cents per share, versus a profit of $64.6 million, or 54 cents per share, a year ago.
Lindsay Corporation (NYSE: LNN) July 20, 2009 announced that its Board of Directors has declared a 7% increase in its regular quarterly cash dividend to $0.08 per share, payable August 31, 2009, to shareholders of record on August 17, 2009.
The regular quarterly cash dividend was previously $0.075 per share.
The new annual indicated rate is $0.32 per share, up from the previous annual indicated rate of $0.30 per share.
To receive the dividend, you must own the shares prior to August 13th.
The McGraw-Hill Companies (NYSE: MHP) July 29, 2009 today approved a regular quarterly cash dividend on the Corporation's common stock. The dividend of $0.225 is payable on September 10, 2009, to shareholders of record on August 26, 2009.
The McGraw-Hill Companies has paid a dividend each year since 1937 and is one of fewer than 30 companies in the S&P 500 that has increased its dividend annually for the last 36 years. The annualized rate of $0.90 per share, which includes a 2.3% increase approved by the Board in January of 2009, represents an average compound annual dividend growth rate of 10.1% since 1974.
Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands including Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2008 were $6.4 billion. Additional information is available at www.mcgraw-hill.com.
Meridian Bioscience, Inc. (NASDAQ: VIVO) July 16, 2009 reported record quarterly and nine-month sales of $38.2 million and $105.8 million, respectively, increases of 16% and 3% over the same periods of the prior fiscal year; reported record quarterly and nine-month operating income of $12.5 million and $35.7 million, respectively, increases of 14% and 8% over the same periods of the prior fiscal year; reported quarterly earnings and diluted earnings per share of $8.5 million and $0.21, respectively, increases of 10% and 11% compared with the same periods of the prior fiscal year, and an earnings record, excluding a tax benefit recognized in the third quarter of fiscal 2007 that did not recur; reported record nine-month earnings and diluted earnings per share of $23.8 million and $0.58, respectively, increases of 6% and 5% compared with the same periods of the prior fiscal year; declared the regular quarterly cash dividend of $0.17 per share (indicated annual rate of $0.68 per share), 21% higher than the regular quarterly rate of fiscal 2008;
ONEOK, Inc. (NYSE: OKE) July 16, 2009 today increased the quarterly dividend to 42 cents per share of common stock, effective for the second quarter 2009, payable Aug. 14, 2009, to shareholders of record at the close of business July 31, 2009. The company paid a first-quarter dividend of 40 cents per share of common stock.
"Our strong cash flow allows us to continue to increase our dividend and provide our shareholders with attractive returns in the form of dividends," said John W. Gibson, ONEOK chief executive officer.
Since January 2006, the company has increased the dividend seven times, representing a 50 percent increase during that period.
ONEOK, Inc. is a diversified energy company. We are the general partner and own 45.1 percent of ONEOK Partners, L.P. (NYSE: OKS), one of the largest publicly traded master limited partnerships, which is a leader in the gathering, processing, storage and transportation of natural gas in the U.S. and owns one of the nation's premier natural gas liquids (NGL) systems, connecting NGL supply in the Mid-Continent and Rocky Mountain regions with key market centers. ONEOK is among the largest natural gas distributors in the United States, serving more than two million customers in Oklahoma, Kansas and Texas. Our energy services operation focuses primarily on marketing natural gas and related services throughout the U.S. ONEOK is a Fortune 500 company.
Occidental Petroleum Corporation (NYSE:OXY) July 16, 2009 said today that its Board of Directors has declared a regular quarterly dividend of $.33 per share on common stock payable October 15, 2009, to stockholders of record on September 10, 2009.
This quarterly dividend is at the same level as the dividend paid in July. Oxy's Board voted to raise the quarterly dividend in April of this year to the annual rate of $1.32 per share compared to the previous annual rate of $1.28 per share. It was Oxy's eighth dividend increase since 2002. The company has paid quarterly dividends continuously since 1975.
Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions. Oxy is the fourth largest U.S. oil and gas company, based on equity market capitalization. Oxy's wholly owned subsidiary, OxyChem, manufactures and markets chlor-alkali products and vinyls. Oxy is committed to safeguarding the environment, protecting the safety and health of employees and neighboring communities and upholding high standards of social responsibility in all of the company's worldwide operations.
Park Electrochemical Corp. (NYSE: PKE) July 26, 2009 Circuit-materials maker Park Electrochemical Corp. on Wednesday increased its quarterly dividend to 10 cents, up from the current rate of 8 cents.
The company's board of directors also declared a regular quarterly dividend of 10 cents, payable November 5 to stockholders of record at the close of business on October 7.
Shares of the company rose 13 cents to $22.21 in afternoon trading.
Realty Income Corporation (NYSE: O) July 29, 2009 today announced operating results for the second quarter ended June 30, 2009. All per share amounts presented in this press release are on a diluted per common share basis, unless stated otherwise.
COMPANY HIGHLIGHTS: (For the quarter ended June 30, 2009, as compared to the same quarterly period in 2008)
-- Revenue decreased slightly to $81.6 million from $82.1 million
-- Funds from Operations (FFO) available to common stockholders increased 0.9% to $47.2 million
-- FFO per share decreased 2.1% to $0.46 from $0.47
-- FFO per share (before Crest's contribution) was unchanged at $0.45
-- Net income available to common stockholders per share was $0.26
-- Portfolio occupancy increased to 96.6%
-- Same store rents increased 0.5% to $75.3 million
-- Dividends paid per common share increased 3.4%
-- Increased the monthly dividend for the 47th consecutive quarter to an annualized amount of $1.7085 per share
Republic Bancorp (NASDAQ: RBCAA) July 29, 2009 reported net income of $32.6 million for the first six months of 2009, a $4.1 million, or 14%, increase over the same period in 2008. Diluted Earnings per Class A Common Share increased 14% for the first six months of the year to $1.57. For the second quarter the Company achieved net income of $6.9 million, a $444,000, or 7%, increase over the second quarter of 2008. Diluted Earnings per Class A Common Share increased 6% for the second quarter to $0.33. "We are extremely pleased with the Company's performance during the second quarter and first six months of 2009. We continue to produce strong results despite the challenging economic conditions throughout the country. During the first six months of the year, when many other financial institutions across the nation reduced their work forces, cut their employee benefits and eliminated or greatly reduced their dividend payouts, Republic increased the guaranteed match portion of its 401(k) by 50% effective January 1st of this year to reward our associates for their contribution to the Company's overall success. In addition, we have continued to hire talented new associates throughout the year and we increased our quarterly cash dividend by 9% for the second quarter - the 8th consecutive year we increased our quarterly cash dividend," Steve Trager, Republic's President & CEO, noted.
Republic Bancorp, Inc. headquartered in Louisville, Kentucky, is the holding company for Republic Bank & Trust Company and Republic Bank.
Ryder (NYSE: R) July 16, 2009 provides truck leasing and rental, logistics and supply chain management solutions worldwide. Thursday, the company raised its quarterly dividend by 8.7% to $0.25/share. The dividend is payable on September 18th to shareholders of record on August 24th. The current yield based on the new dividend is 3.74%.
The Stanley Works (NYSE: SWK) July 20, 2009 announced today that its Board of Directors approved an increase of 3.1% in its quarterly cash dividend to $.33 per common share. This extends the company's record for the longest consecutive annual and quarterly dividend payments among industrial companies listed on the New York Stock Exchange. The dividend is payable on Tuesday, September 22, 2009 to shareholders of record as of the close of business on Friday, September 4, 2009.
John F. Lundgren, Chairman and Chief Executive Officer, stated, "We remain very focused on the total return we deliver to shareholders and know that our dividend is a key component. We are proud to not only have maintained our dividend during this challenging period, but to raise it for the 42nd consecutive year in the face of this tumultuous economic environment."
The Stanley Works, an S&P 500 company, is a diversified worldwide supplier of security solutions for commercial applications as well as tools and engineered solutions for professional, industrial, construction and do-it-yourself use.
More information about The Stanley Works can be found at http://www.stanleyworks.com.
Sunoco Logistics Partners (NYSE: SXL) July 22, 2009 announced its quarterly dividend of 1 dollar and 4 cents per share, an increase of about 2% over its prior dividend in May.
TC PipeLines, LP (NASDAQ: TCLP) July 21, 2009 has declared the Partnership's second quarter 2009 cash distribution in the amount of US$0.73 per common unit. This cash distribution is an increase of $0.025 from the first quarter 2009 distribution and an increase of $0.10 on an annualized basis.
"Following the close of the acquisition of North Baja and the resetting of the incentive distribution rights, we are pleased to increase our distribution to unitholders. The addition of North Baja to our portfolio of high quality energy infrastructure assets further enhances our ability to deliver solid, sustainable cash distributions," said Russ Girling, chairman and CEO of TC PipeLines GP.[SM]
Terra Nitrogen Company (NYSE: TNH) July 23, 2009 announced its quarterly dividend of $2.22 per share, an increase of about 6% over its prior dividend in May of $2.10.
Unum (NYSE: UNM) is a leading provider of individual and group disability coverage was formed through the June 1999 merger of Provident Cos. and UNUM Corp. Thursday, the company raised its quarterly dividend 10% to $0.0825/share. the dividend will be paid on August 21st to stockholders of record on July 31st. The current yield based on the new dividend is 2.03%.
Walgreen Co. (NYSE: WAG) July 8, 2009 (NASDAQ:WAG) today increased the quarterly dividend 22.2 percent to 13.75 cents per share from the previous rate of 11.25 cents per share. The dividend is payable Sept. 12, 2009, to shareholders of record Aug. 21, 2009. The dividend increase raises the annual rate from 45 cents per share to 55 cents per share.
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Sunday, August 2, 2009
Wednesday, July 29, 2009
John Matuszak: Bexley seeks to nix texting and driving.
Exit the Information Superhighway before traveling our roadways.
That's the message Bexley City Councilman Jed Morison wants to send as he introduced an ordinance banning texting while driving in the suburb.
"It's a tool to say 'it's against the law to text and drive'" in Bexley, Morison explained at the July 28 council meeting. "If your hands are off the wheel and your eyes are off the road, it's a disaster waiting to happen."
A recent study published in the New York Times stated that drivers who are texting are 23 times more likely to have an accident - a greater risk that drinking and driving.
Morison wants the ordinance to be more educational than punitive, and he isn't looking to create a greater burden for police.
"My hope is that parents and family members and friends will be the chief educators and enforcers" of the ordinance, he said.
Some 14 states and several Ohio cities have entacted similar prohibitions, but Bexley is among the first central Ohio communities to take on the issue. Around 100,000 vehicles pass through Bexley every day.
City Attorney Lou Chodosh pointed out that Bexley already has a law against "driving while distracted," but that the texting ban would be more specific.
While some residents are questioning whether council should spend time on the ordinance, others are supportive, and the effort is drawing attention from outside the city.
Gahanna resident Sharon Montgomery spoke in favor of the move. Nine years ago her husband was killed and she was seriously injured in an accident involving a driver using a cell phone.
For 12 years, the state legislature has been trying to pass a bill banning cell phone use while driiving, without success, Montgomery said.
"So, if you want people to be safe in Bexley, you're going to have to take matters into your own hands," she said.
Morison acknowledged that this legislation could lead to a discussion of banning cell phone use while driving, but he wanted to get the texting law passed before getting hung up on that issue.
While teens do the majority of texting, Morison noted that the ordinance is not directed solely at them. In fact, since adults are less proficient at sending text messages, it's probably more dangerous when they text and drive, he added.
The ordinance will have additional readings when council returns from its summer recess in September, and the city is looking for public input on the issue before it votes, Morison said.
In other business, at council's service committee meeting, Councilman Rick Weber reported that residents could see an increase in their trash bills under a new contract with Rumpke Waste Haulers.
Bexley has been negotiating with the hauler it has used for seven years, along with a consortium of communities including Reynoldsburg, Gahanna and New Albany. The Solid Waste Authority of Central Ohio has also been part of the talks.
Under the proposed contract, the cost for most residents would increase from $60 to $72 per quarter for 2010, Service Director Bill Harvey said. Costs for senior citizens would jump from $40 to $66 per quarter.
Harvey wants to revisit how the city extends the senior citizen discount.
Weber said that these costs would be fixed for the length of the five-year contract, but that Rumpke could increase charges to the city if fuel costs or recycling fees go up.
The trash contract has to be approved by Oct. 1. A service committee meeting with a Rumpke representative will be scheduled in September.
In other news, council:
Approved an ordinance ending a moratorium on hiring union-represented employees without council's approval, as long as the salaries are in the current budget. Council retains the ability to approve hiring of non-union employees.
Introduced an ordinance to purchase property adjacent to the city's community garden near Sheridan Avenue for $22,000. The purchase would provide easements to other city-owned lots and secure land for future development, Mayor John Brennan explained.
Introduced a resolution allowing the mayor to accept a $475,000 state grant for interior renovations at Jeffrey Mansion. Parks and Recreation Director Mike Price said the work would cover heating and cooling systems, floors and other repairs, and not expansion of mansion facilities.
Scheduled a meeting of the Land Use Master Plan Committee for Aug. 4 at 6:30 p.m. at Torah Ehmet synagogue on Main Street. The plan covers future development in areas including Livingston Avenue, Mayfield/Ferndale and North Cassady Avenue, according to Councilman Ben Kessler.
Announced that the Labor Day block party would be held at Jeffrey Park Sept. 6 from 3-6 p.m. with games and activities for kids, a yard sale, a Bexley Meadow Band concert and barbecue dinners for $5.
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Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. John Matuszak.
That's the message Bexley City Councilman Jed Morison wants to send as he introduced an ordinance banning texting while driving in the suburb.
"It's a tool to say 'it's against the law to text and drive'" in Bexley, Morison explained at the July 28 council meeting. "If your hands are off the wheel and your eyes are off the road, it's a disaster waiting to happen."
A recent study published in the New York Times stated that drivers who are texting are 23 times more likely to have an accident - a greater risk that drinking and driving.
Morison wants the ordinance to be more educational than punitive, and he isn't looking to create a greater burden for police.
"My hope is that parents and family members and friends will be the chief educators and enforcers" of the ordinance, he said.
Some 14 states and several Ohio cities have entacted similar prohibitions, but Bexley is among the first central Ohio communities to take on the issue. Around 100,000 vehicles pass through Bexley every day.
City Attorney Lou Chodosh pointed out that Bexley already has a law against "driving while distracted," but that the texting ban would be more specific.
While some residents are questioning whether council should spend time on the ordinance, others are supportive, and the effort is drawing attention from outside the city.
Gahanna resident Sharon Montgomery spoke in favor of the move. Nine years ago her husband was killed and she was seriously injured in an accident involving a driver using a cell phone.
For 12 years, the state legislature has been trying to pass a bill banning cell phone use while driiving, without success, Montgomery said.
"So, if you want people to be safe in Bexley, you're going to have to take matters into your own hands," she said.
Morison acknowledged that this legislation could lead to a discussion of banning cell phone use while driving, but he wanted to get the texting law passed before getting hung up on that issue.
While teens do the majority of texting, Morison noted that the ordinance is not directed solely at them. In fact, since adults are less proficient at sending text messages, it's probably more dangerous when they text and drive, he added.
The ordinance will have additional readings when council returns from its summer recess in September, and the city is looking for public input on the issue before it votes, Morison said.
In other business, at council's service committee meeting, Councilman Rick Weber reported that residents could see an increase in their trash bills under a new contract with Rumpke Waste Haulers.
Bexley has been negotiating with the hauler it has used for seven years, along with a consortium of communities including Reynoldsburg, Gahanna and New Albany. The Solid Waste Authority of Central Ohio has also been part of the talks.
Under the proposed contract, the cost for most residents would increase from $60 to $72 per quarter for 2010, Service Director Bill Harvey said. Costs for senior citizens would jump from $40 to $66 per quarter.
Harvey wants to revisit how the city extends the senior citizen discount.
Weber said that these costs would be fixed for the length of the five-year contract, but that Rumpke could increase charges to the city if fuel costs or recycling fees go up.
The trash contract has to be approved by Oct. 1. A service committee meeting with a Rumpke representative will be scheduled in September.
In other news, council:
Approved an ordinance ending a moratorium on hiring union-represented employees without council's approval, as long as the salaries are in the current budget. Council retains the ability to approve hiring of non-union employees.
Introduced an ordinance to purchase property adjacent to the city's community garden near Sheridan Avenue for $22,000. The purchase would provide easements to other city-owned lots and secure land for future development, Mayor John Brennan explained.
Introduced a resolution allowing the mayor to accept a $475,000 state grant for interior renovations at Jeffrey Mansion. Parks and Recreation Director Mike Price said the work would cover heating and cooling systems, floors and other repairs, and not expansion of mansion facilities.
Scheduled a meeting of the Land Use Master Plan Committee for Aug. 4 at 6:30 p.m. at Torah Ehmet synagogue on Main Street. The plan covers future development in areas including Livingston Avenue, Mayfield/Ferndale and North Cassady Avenue, according to Councilman Ben Kessler.
Announced that the Labor Day block party would be held at Jeffrey Park Sept. 6 from 3-6 p.m. with games and activities for kids, a yard sale, a Bexley Meadow Band concert and barbecue dinners for $5.
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Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. John Matuszak.
Dianne Garrett spends time with her bunnies.
As I escorted my dog, Abi, outside on July 1, something special was happening in our yard. Abi rounded the house being her happy little self exploring the yard as if she's never seen it before. She does that several times a day. I noticed a big rabbit, and she wasn't running away. I thought it odd, but then figured she might be guarding a nest. So I gently guided Abi back into the house, never letting her get a glimpse of the visitor.
I went back out and the rabbit had hurried away. So I checked where we have had nests in previous years, and sure enough, there were two little ones squirming around. I saw something in the grass where the mama had been, and realized why she had not run away immediately when she saw us. She was in the middle of birthing the third baby! There it was squirming in the grass, helpless with no mama in sight. It was getting a little windy, and the baby was getting cold since it was still wet from its birth. So I gently scooped it up, and tucked it into the nest with the litter mates. They looked like little wet, wiggly cigars.
My two favorite bunnies. The one on the left is my little buddy. They will soon leave the nest with their mama, and I will miss them, but we know all little ones must leave the nest eventually. They are very happy.
Of course, mama came back, and over the next 24 hours she made a nice, warm nest with her fur and leaves. I check on them every day, and on July 4th I took one out to cuddle. Too cute! They have heard my voice and had my scent since they were only minutes old, so they don't seem to mind when I visit them and want to hold one or all of them. Neither does their mama. Only one has become a little bit of a "Nervous Nellie", but still loves to burrow down in my hand with the others for little visits.
I'm just praying the hawks will not swoop down when they start running around with their mama as they prepare to leave the nest in a few weeks. I take my dog out on a leash in a fenced yard so that she will not discover them. We've had that happen before, and the end result was sad. But she does what comes naturally.
For other animal lovers like myself, I will post more photos on the blog as they grow. I guess they are little blessings in my garden this year.
The bunnies enjoyed a little time out of their nest for a photo. Here they are nine days old.
I went back out and the rabbit had hurried away. So I checked where we have had nests in previous years, and sure enough, there were two little ones squirming around. I saw something in the grass where the mama had been, and realized why she had not run away immediately when she saw us. She was in the middle of birthing the third baby! There it was squirming in the grass, helpless with no mama in sight. It was getting a little windy, and the baby was getting cold since it was still wet from its birth. So I gently scooped it up, and tucked it into the nest with the litter mates. They looked like little wet, wiggly cigars.
My two favorite bunnies. The one on the left is my little buddy. They will soon leave the nest with their mama, and I will miss them, but we know all little ones must leave the nest eventually. They are very happy.
Of course, mama came back, and over the next 24 hours she made a nice, warm nest with her fur and leaves. I check on them every day, and on July 4th I took one out to cuddle. Too cute! They have heard my voice and had my scent since they were only minutes old, so they don't seem to mind when I visit them and want to hold one or all of them. Neither does their mama. Only one has become a little bit of a "Nervous Nellie", but still loves to burrow down in my hand with the others for little visits.
I'm just praying the hawks will not swoop down when they start running around with their mama as they prepare to leave the nest in a few weeks. I take my dog out on a leash in a fenced yard so that she will not discover them. We've had that happen before, and the end result was sad. But she does what comes naturally.
For other animal lovers like myself, I will post more photos on the blog as they grow. I guess they are little blessings in my garden this year.
The bunnies enjoyed a little time out of their nest for a photo. Here they are nine days old.
Dianne Garrett interviews Domenik Hixon, New York Giants wide receiver.
It was a pleasure to have New York Giants No. 87 Domenik Hixon join us on July 8 as a guest at WCRX-LP. Domenik and best friend, Anthony Jordan, are the founders of The Next Level Football Camp, and were in town for the third annual event at their alma mater, Whitehall Yearling High School, July 11. Anthony is assistant football coach at Seton Hill University in Pennsylvania.
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Best pals, Domenik Hixon and Anthony Jordan paused for a photo together.
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The pals decided three years ago to do something to give back to their home community, and the numbers in attendance grow each year. Not wanting anyone to be left out due to the inability to pay the registration fee, they made sure that all were welcome to participate, fee waived. About 120 youths attended, about 20 of them little girls. They also brought several NFL players as camp coaches.
Domenik shared how his parents, Marvin and Britt, gave him every opportunity to excel to be who and what he desired. He was born in Germany to an American dad and German mom. When he was 11 he told his dad that he would someday like to go to college and play professional basketball. At least that was his original plan. His parents made the difficult decision to get transferred to the states, choosing to live in Whitehall after hearing good things about the community from friends. The rest is history.
Anthony parents, Paul and Phyllis, have been most supportive in his endeavors, as well. Sister, Paula, also assisted with the events of the weekend, traveling home from Chicago. Both families played an integral part assisting during the weekend.
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Jonathan Fowler, 20 months, was more interested in WYHS teacher, Joan Sippola's boxer puppy, Ramsey, while his older brother, Denzel, was learning all about football.
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Buffalo Wild Wings hosted an auction of sports memorabilia Friday, and provided food for the camp. Hixon also thanked Tim Horton's and J.C. Penney for goods and services they provided. He said that he was amazed at the generosities. According to Paula Jordan, about $26,000 was netted at the auction. All proceeds from the weekend's events go right back into Whitehall City Schools.
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Domenik prepared the participants for a work out in the gym prior to a lunch break.
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Domenik Hixon looked pretty comfortable behind the microphone. He shared with me on Saturday at the camp that he really had fun doing the radio interview in his hometown, even though John Matuszak wore a Cleveland Browns shirt.
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Best pals, Domenik Hixon and Anthony Jordan paused for a photo together.
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The pals decided three years ago to do something to give back to their home community, and the numbers in attendance grow each year. Not wanting anyone to be left out due to the inability to pay the registration fee, they made sure that all were welcome to participate, fee waived. About 120 youths attended, about 20 of them little girls. They also brought several NFL players as camp coaches.
Domenik shared how his parents, Marvin and Britt, gave him every opportunity to excel to be who and what he desired. He was born in Germany to an American dad and German mom. When he was 11 he told his dad that he would someday like to go to college and play professional basketball. At least that was his original plan. His parents made the difficult decision to get transferred to the states, choosing to live in Whitehall after hearing good things about the community from friends. The rest is history.
Anthony parents, Paul and Phyllis, have been most supportive in his endeavors, as well. Sister, Paula, also assisted with the events of the weekend, traveling home from Chicago. Both families played an integral part assisting during the weekend.
-
-
Jonathan Fowler, 20 months, was more interested in WYHS teacher, Joan Sippola's boxer puppy, Ramsey, while his older brother, Denzel, was learning all about football.
-
-
Buffalo Wild Wings hosted an auction of sports memorabilia Friday, and provided food for the camp. Hixon also thanked Tim Horton's and J.C. Penney for goods and services they provided. He said that he was amazed at the generosities. According to Paula Jordan, about $26,000 was netted at the auction. All proceeds from the weekend's events go right back into Whitehall City Schools.
-
-
Domenik prepared the participants for a work out in the gym prior to a lunch break.
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Domenik Hixon looked pretty comfortable behind the microphone. He shared with me on Saturday at the camp that he really had fun doing the radio interview in his hometown, even though John Matuszak wore a Cleveland Browns shirt.
Monday, July 6, 2009
Bexley Public Radio Dividend Note No. 7, July 6, 2009.
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An occasional note on dividends. This is an informal collection of some information on dividend increases for U.S. stocks.
No commentary, analysis or recommendation is offered in this informal journal.
Abbott Laboratories (NYSE: ABT) June 15, 2009. The board of directors of Abbott, a health care company, reported on Friday a cash dividend of USD 0.40 per share on its common stock, which is the company's 342nd consecutive quarterly dividend. Abbot has now increased its dividends for 37 consecutive years.
The cash dividend is due on 15 August 2009 to shareholders of record at the close of business on 15 July 2009.
American Capital Agency Corp. (NASDAQ AGNC) June 23, 2009 boosted its second-quarter cash dividend by 76.5% to $1.50 per share from the $0.85/share it paid in the first quarter, when most companies in its sector have stopped paying or cut dividends.
The dividend is payable on July 27, with a record date of July 2 and ex-dividend date of June 30.
AGNC is a REIT or Real Estate Investment Trust formed in 2008 to invest exclusively in agency pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government agency or a U.S. Government-sponsored entity.
Cardinal Health, (NYSE: CAH) June 8, 2009 which provides products and services to the healthcare sector in the United States, announced a 25% increase in its quarterly dividend to $0.175/share. The dividend has increased over 11 times over the past decade. The company's focus on dividend expansion creates a predictable and disciplined use of cash to drive shareholder returns and signals confidence and strength in the cash generated by its businesses. The stock currently yields 2.30%.
Casey’s General Store (NASDAQ: CASY) June 19, 2009 has over 1,450 convenience stores (including franchises) in nine midwestern states, selling food, beverage, health and automotive products. At its June meeting, the Board of Directors increased the quarterly dividend 13.3% to $0.085/share. The dividend is payable August 17th, to shareholders of record on August 3rd. This marks the fourth consecutive year CASY has increased its dividend. At the new rate, the stock is yielding 1.3%.
Citizens Holding Company (NASDAQ: CIZN) June 2, 2009 announced today that its Board of Directors declared a cash dividend of $0.20 per share payable June 30, 2009, to shareholders of record as of June 15, 2009.
“I am proud today to announce our second quarter 2009 dividend of $0.20 per share,” said Greg L. McKee, President and Chief Executive Officer. “This dividend brings the year to date dividend to $0.40, an increase of 5.3% over the dividend paid in the first two quarters of 2008.”
Citizens Holding Company is a one-bank holding company and the parent company of The Citizens Bank of Philadelphia, both headquartered in Philadelphia, Mississippi. The Bank has twenty-three full service banking locations in ten counties in East Central Mississippi in addition to a Loan Production Office in Biloxi, Mississippi. In addition to full service commercial banking, the Company offers mortgage loans, title insurance services through its subsidiary, Title Services, LLC and a full range of Internet banking services including online banking, bill pay and cash management services for businesses.
The Clorox Company (NYSE: CLX), June 12, 2009 increased its dividend 9% to $0.50 per share.
C.R. Bard (NYSE: BCR) June 10, 2009 said late Wednesday its board had approved a quarterly dividend increase of 6%. The Murray Hill, N.J.-based company will now pay a quarterly dividend of 17 cents per share, up from its previous 16 cents. The dividend is payable July 31 to shareholders of record as of July 20. This increase marks the eighth consecutive year of dividend hikes for the company. Bard's dividend payout has doubled in the past 12 years.
Darden Restaurants (NYSE: DRI) June 25, 2009 Increased its dividend to $0.25 quarterly with a current yield of 3.14%.
Darden operates in the full-service dining segment of the restaurant industry, primarily in the United States. the Company operated, through its subsidiaries, 1,702 restaurants in the United States and Canada. In the United States, , including 651 Red Lobster, 647 Olive Garden, 305 LongHorn Steakhouse, 32 The Capital Grille, 23 Bahama Breeze and seven Seasons 52 restaurants, and two specialty restaurants: Hemenway’s Seafood Grille & Oyster Bar and The Old Grist Mill Tavern. In Canada, Darden operated 35 restaurants, including 29 Red Lobster and six Olive Garden restaurants.
The dividend was raised yesterday from $0.20 to $0.25 quarterly putting the current yield at a very attractive 3.14%. This marked the seventh annual increase over the past eight years. Holders of record on July 10th will be paid the higher rate on August 3rd.
Del Monte (NYSE: DLM) June 19, 2009. Del Monte Foods announced a 25% dividend increase albeit from a small base. The Board of Directors approved a quarterly cash dividend $0.05 per share, which is a $0.01 increase from the prior level of $0.04. The company maintains a leveraged balance sheet with debt-to-equity ratio of 0.97.
Duke Energy Corp. (NYSE: DUK) June 23, 2009 has increased its quarterly cash dividend by 4 percent to 24 cents per share from 23 cents per share. The dividend is payable Sept. 16 to shareholders of record on Aug. 14. “Despite challenging economic conditions, Duke Energy continues to successfully implement its business strategy,” says Chief Executive Jim Rogers. “We are pleased to share this success with our investors.”
This is the 83rd consecutive year that Charlotte-based Duke Energy has paid a quarterly cash dividend on its common stock.
Ecology and Environment, Inc. (NASDAQ: EEI) June 17, 2009. E & E reported an increase of $10.6 million in revenue during the third quarter of fiscal year 2009 compared to the third quarter of the prior year. The increase in revenue was attributable to increased work in the Company's energy, environmental restoration, and federal government sectors. "We strongly believe in sustainability throughout our organization and in our financials," said President and CEO, Kevin Neumaier. At the end of the quarter, the company had cash of $13.5 million with debt of only $.7 million and available lines of credit of $37.6 million. The Company's book value was $40.3 million or $9.86 per share. In April 2009, the Company declared a dividend of $.20 per share to shareholders of both Class A and Class B common stock, which represents the 47th consecutive dividend since the Company became public in 1987 and the 14th increase in 22 years.
FactSet Research Systems Inc. (NYSE:FDS) (Nasdaq:FDS), June 16, 2009 a leading provider of integrated financial information and analytical applications to the global investment community, today announced its results for the third quarter of fiscal 2009.
For the quarter ended May 31, 2009, revenues increased to $154.4 million, up 5% compared to the prior year. Operating income for the third quarter rose to $53.3 million, an increase of 11% from $47.9 million in the same period of fiscal 2008. Operating margins advanced to 34.5%. Net income rose to $38.5 million as compared to $32.5 million a year ago. Diluted earnings per share increased to $0.79 from $0.65 in the same period of fiscal 2008. Included in this quarter's EPS was an income tax benefit of $0.06 per share related to finalizing prior years' tax returns and repatriating foreign earnings to the U.S. The quarterly dividend increased 11% from $0.18 to $0.20 per share. Common shares outstanding at May 31, 2009 were 47.1 million. The Company repurchased 200,000 shares during the quarter and $134 million remains authorized for future repurchases.
The First Bancorp (NASDAQ: FNLC) June 18, 2009. The Board of Directors of The First Bancorp today declared a quarterly dividend of 19.5 cents per share. This second-quarter dividend, which is payable July 31, 2009, to shareholders of record as of July 6, 2009, represents an increase of 2.6% or 0.5 cent per share over the second-quarter dividend declared in 2008 of 19.0 cents per share and is equal to the 19.5 cents per share declared in the previous three quarters.
First Keystone Corporation (OTC BB: FKYS) June 4, 2009 parent company of First Keystone National Bank, declared a $.23 per share quarterly cash dividend to shareholders of record as of June 16, 2009, payable June 30, 2009. Total cash dividends per share will be $.46 as of June 30, 2009, up from $.44 paid in the first two quarters of 2008, an increase of 4.5%.
First Keystone National Bank, an independently owned community bank since 1864, presently operates 14 full service offices in Columbia (5), Luzerne (4), Montour (1) and Monroe (4) Counties providing banking and trust services. In Monroe County, the Bank trades as Pocono Community Bank, a division of First Keystone National Bank.
Inquiries regarding the purchase of the company’s stock may be made through the following brokers: RBC Dain Rauscher, 800-223-4207; Janney Montgomery Scott, Inc., 800-526-6397; Boenning & Scattergood, Inc., 800-883-8383; and Stifel Nicolaus & Co. Inc., 800-223-6807.
Franklin Resources (NYSE: BEN) June 16, 2009 announced a quarterly cash dividend of $0.21 per share payable on July 10, 2009 to stockholders of record on June 30, 2009. The quarterly dividend of $0.21 is equivalent to the dividend paid for the prior quarter and represents a 5% increase over the quarterly dividend paid for the same quarter last year.
Franklin Resources, Inc. is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $448 billion in assets under management as of May 31, 2009.
Hatteras Financial Corp. (NYSE: HTS) Jun 23, 2009. The Board of Directors of Hatteras Financial Corp. today declared a quarterly dividend of $1.10 per common share for the second quarter of 2009. The dividend will be paid on July 24, 2009, to stockholders of record on July 6, 2009, with an ex-dividend date of July 1, 2009.
"We are pleased to again announce an increase in our quarterly dividend," said Michael R. Hough, Chief Executive Officer of Hatteras. "Borrowing costs have continued to trend lower, which has directly contributed to a higher net interest margin than we earned in the first quarter. While prepayment rates have trended moderately higher quarter over quarter, they have remained on the low end of our estimates."
Hatteras Financial is a real estate investment trust formed in 2007 to invest in adjustable-rate and hybrid adjustable-rate single-family residential mortgage pass-through securities guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. Based in Winston-Salem, N.C., Hatteras is managed and advised by Atlantic Capital Advisors LLC. Hatteras is a component of the Russell 2000(R) and the Russell 3000(R) indices.
Isabella Bank Corp. (OTC pink sheets ISBA) May 31, 2009. Several members of the Isabella Bank Corp. Board of Directors were re-elected to new terms at the annual meeting of shareholders on May 5. Shareholders re-elected David J. Maness, president of Maness Petroleum; W. Joseph Manifold, CPA and president of Federal Broach; William J. Strickler, president of Michiwest Energy; and Dennis P. Angner, president of Isabella Bank Corporation, to serve as members of the Board of Directors until the 2012 annual meeting of shareholders. Additionally James C. Fabiano, chairman of Fabiano Brothers, was re-elected by the Board of the Directors to serve as chairman of the corporation. Angner also announced that the corporation's Board of Directors at its May 21 meeting declared a second quarter cash dividend of 13 cents per share payable on June 30 to shareholders of record on June 1. The cash dividend represents an 8.3 percent increase over the dividend paid in the first quarter of 2009 and the second quarter of 2008 and reflects the corporation's continued strong financial performance. Isabella Bank Corporation, with $1.65 billion of assets under management, is the parent company of Isabella Bank, which serves the central Michigan region with 24 branch locations.
John Wiley & Sons, Inc. (NYSE: JWa & JWb), June 18, 2009 announced that the Board of Directors at their meeting today declared a quarterly cash dividend of $0.14 per share on its Class A and Class B Common Stock, payable on July 14, 2009 to shareholders of record on July 6, 2009. This is the 16th consecutive annual dividend increase and represents an increase of 8% over the previous dividend of $0.13 per share.
Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and understanding for more than 200 years, helping people around the world meet their needs and fulfill their aspirations. Wiley and its acquired companies have published the works of more than 350 Nobel laureates in all categories: Literature, Economics, Physiology or Medicine, Physics, Chemistry, and Peace.
Its core businesses publish scientific, technical, medical, and scholarly journals, encyclopedias, books, and online products and services; professional/trade books, subscription products, training materials, and online applications and Web sites; and educational materials for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, New Jersey, with operations in the U.S., Europe, Asia, Canada, and Australia.
Lowe’s Cos (NYSE: LOW) announced a quarterly cash dividend increase of about 6%, from 8.5 cents per share to 9 cents per share, the new dividend will be paid on July 31 to July 17 before closing the register of shareholders in the distribution.
In addition, held Friday in the company’s annual shareholders meeting, shareholders also re-elected Peter C. Browning, Marshall O. Larsen, Stephen F. Page and O. Temple Sloan Jr as a director, two-year term. Shareholders rejected the company’s North Dakota re-registration, as well as separation of chairman and chief executive officer of the proposed posts.
Medtronic, Inc. (NYSE: MDT), June 18, 2009 which develops, manufactures, and markets medical devices worldwide, approved a 9% increase in its quarterly dividend to 20.50 cents per share. In addition to that the company also approved an increase in its Share Repurchase Plan, authorizing Medtronic to purchase an additional 60 million shares of its common stock, which represents 5.4% of the company’s outstanding stock issued. Medtronic, Inc. is a dividend champion, which has increased its quarterly dividend for thirty one consecutive years. The stock currently yields 2.20%.
Occidental Petroleum Corporation (NYSE:OXY) April 30, 2009 announced today that its Board of Directors has increased the company's quarterly dividend from $.32 per share to $.33 per share for an annual rate of $1.32 per share, compared to the previous annual rate of $1.28 per
share.
The dividend will be payable on July 15, 2009, to stockholders of record as of June 10, 2009. Oxy has raised the dividend every year since 2002. This increase is the company's eighth over the period, during which Oxy's dividend has risen 164 percent. The company has paid quarterly dividends continuously since 1975.
Oil-Dri (NYSE: ODC) June 9, 2009 The Board of Directors of Oil-Dri Corporation of America today declared quarterly cash dividends of $0.15 per share of the Company's Common Stock and $0.1125 per share of the Company's Class B Stock, a 7% increase for both classes of stock. The dividends will be payable on September 4, 2009, to stockholders of record at the close of business on August 21, 2009. The Company has paid cash dividends continuously since 1974.
Oil-Dri Corporation of America is a leading supplier of specialty sorbent products for industrial, automotive, agricultural, horticultural and specialty markets and the world's largest manufacturer of cat litter.
PetSmart (NASDAQ: PETM) Jnue 26, 2009 after an extensive analysis of expected free cash flows showed confidence in their our operating plan with a generous dividend increase and share repurchase plan.
PETM operates more than 1,100 pet stores in the U.S. and Canada, offering pet food, supplies and services. Tuesday the company PETM announced an increase its quarterly dividend of 233% to $0.10/share. In addition, its Board of Directors authorized a $350 million stock purchase plan. In a statement the company said it plans to continue to grow the business by opening about 40 stores per year for the foreseeable future. At the new rate, the stock is yielding 1.92%.
Piedmont Natural Gas (NYSE: PNY) For a second quarter in which Piedmont Natural Gas Co. Inc. increased its dividend for the 31st consecutive year, analysts expect the North Carolina-based utility to report a profit of $0.68 per share, which is two cents higher than a year ago. Revenue is expected to total $637.5 million, which is about the same as a year ago. Piedmont's results have tended to fall a bit short of analysts' estimates in recent quarters. The long-term EPS growth forecast is 7.0%, and the forward PE ratio estimate is 15.0, which is better than the industry average. The consensus recommendation remains to buy PNY. Shares are up 4.6% since the beginning of the year to $23.73, but they are still 13.6% lower than a year ago and still well below the 100-day moving average.
Prospect Capital Corporation (NASDAQ: PSEC) June 23, 2009 announced today that it has declared a fourth fiscal quarter (for the fiscal year ending June 30, 2009) dividend of $0.40625 per share.
This dividend marks the Company’s 19th consecutive quarterly increase. The dividend now represents an approximately 17.9% current annualized dividend yield based on the closing stock price on J
Realty Income (NYSE: O), June 22, 2009 engages in the acquisition and ownership of commercial retail real estate properties in the United States. The monthly cash dividend was increased to $0.142375 per share from $0.1420625 per share. This represents the 6th increase for the past year. Tom A. Lewis, Chief Executive Officer of Realty Income, commented, "We are pleased that, despite challenging economic conditions, our operations allow us to once again increase the amount of the dividend we pay to our shareholders. With the payment of the July dividend we will have made 468 consecutive monthly dividend payments."
Realty Income calls itself The Monthly Dividend Company(R), since it has declared 468 consecutive common stock monthly dividends throughout its 40-year operating history and increased the dividend 54 times since Realty Income's listing on the New York Stock Exchange in 1994. The monthly dividend is supported by the cash flow from over 2,300 retail properties owned under long-term lease agreements with leading regional and national retail chains. Check my analysis of Realty Income (O). This dividend achiever currently yields 7.70%.
Stewardship Financial Corporation (NASDAQ: SSFN) June 17, 2009 parent company of Atlantic Stewardship Bank, declared a $0.095 per share cash dividend. Common stockholders of record as of July 15, 2009 will be paid the dividend on August 3, 2009. This represents a 5.0 percent increase over the third quarter cash dividend paid in 2008, as adjusted for the 5 percent stock dividend paid in November 2008.
In announcing the dividend, Chairman William C. Hanse and President and Chief Executive Officer Paul Van Ostenbridge stated,
"We are pleased to show our continued strong commitment to our shareholders by recognizing them with our forty-seventh consecutive cash dividend. We understand the challenges in the current banking environment; however we remain optimistic about the Corporation's future performance."
Stewardship Financial Corporation's subsidiary, Atlantic Stewardship Bank, has banking offices in Midland Park, Hawthorne (2 offices), Montville, North Haledon, Ridgewood, Pequannock, Waldwick, Wayne (3 offices), Westwood and Wyckoff, New Jersey. Atlantic Stewardship Bank, opened in 1985, is a community bank serving individuals and businesses, and is well known for tithing 10 percent of its pre-tax profits to Christian and local charitable organizations.
Supervalu Inc. (NYSE: SVU) May 28, 2009 approved a 1.45% increase in the annual indicated dividend to $0.70 per share from last year’s level of $0.69 per share. With this announcement, Supervalu Inc. ontinues its strong dividend history, having paid dividends for over 70 years. The new quarterly dividend rate of $0.175 per share will be effective with the September dividend payment. The previously announced quarterly dividend, which is payable on June 15, 2009 to shareholders of record as of June 1, 2009 will be paid at last year’s quarterly amount of $0.1725 per share. Supervalu Inc.’s board of directors today adopted a new annual share repurchase program authorizing the company to purchase up to $70 million of the company's common stock. Stock purchases will be made from time to time in open market purchases primarily from the cash generated from the settlement of stock options. The annual authorization program announced today replaces the existing $70 million share repurchase program authorized in May 2008 under which 641,500 shares were repurchased at a cost of $16.6 million.[SM]
Target Corporation (NYSE: TGT) June 12, 2009 announced a 6.25% increase in the company's quarterly dividend. The new quarterly dividend increases to 17 cents per share versus 16 cents per share in the same period a year ago. The projected dividend payout ratio is 24% based the January 2010 earnings per share estimate of $2.85. This compares to the 5-year average payout ratio of 13%. Lastly, Target carries an S&P Earnings & Dividend Quality Ranking of A+.
Tiffany & Co. (NYSE: TIF) declared a 3-for-2 split of its common stock, to be distributed on July 14 to holders of record on June 20. In lieu of fractional shares, cash will be paid. The company also approved a 50 percent increase in its quarterly cash dividend, so that its quarterly dividend will continue at the rate of 5 cents per share on all ”post-split” shares. The record date is Wednesday, July 8, 2009. The payment date is Monday, July 20, 2009. Tiffany operates retail stores in New York, Atlanta, Beverly Hills, Boston, Chicago, Costa Mesa, Dallas and Houston.
Universal Health Realty Income Trust (NYSE: UHT) June 4. 2009 announced today that its Board of Trustees voted to increase the quarterly dividend by $.005 and pay a dividend of $.595 per share on June 30, 2009 to shareholders of record as of June 16, 2009. Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, behavioral healthcare facilities, rehabilitation hospitals, sub-acute care facilities, surgery centers, childcare centers and medical office buildings. The Trust has forty-nine investments in fifteen states.
Village Super Market (NASDAQ: VLGEA) June 19, 2009. operates a chain of 23 ShopRite supermarkets in New Jersey and Pennsylvania. The company’s Board increased its quarterly cash dividend 7.5% to $0.215/share. The dividend is payable on July 23, 2009 to shareholders of record at the close of business on July 2, 2009. VLGEA has increased its dividend six consecutive years since began paying dividends in 2003. At the new rate, the stock is yielding 2.9%.TGT,SVU,ssfn, O,PSECPNY, PETM,ODC, OXY, ISBEN,
An occasional note on dividends. This is an informal collection of some information on dividend increases for U.S. stocks.
No commentary, analysis or recommendation is offered in this informal journal.
Abbott Laboratories (NYSE: ABT) June 15, 2009. The board of directors of Abbott, a health care company, reported on Friday a cash dividend of USD 0.40 per share on its common stock, which is the company's 342nd consecutive quarterly dividend. Abbot has now increased its dividends for 37 consecutive years.
The cash dividend is due on 15 August 2009 to shareholders of record at the close of business on 15 July 2009.
American Capital Agency Corp. (NASDAQ AGNC) June 23, 2009 boosted its second-quarter cash dividend by 76.5% to $1.50 per share from the $0.85/share it paid in the first quarter, when most companies in its sector have stopped paying or cut dividends.
The dividend is payable on July 27, with a record date of July 2 and ex-dividend date of June 30.
AGNC is a REIT or Real Estate Investment Trust formed in 2008 to invest exclusively in agency pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government agency or a U.S. Government-sponsored entity.
Cardinal Health, (NYSE: CAH) June 8, 2009 which provides products and services to the healthcare sector in the United States, announced a 25% increase in its quarterly dividend to $0.175/share. The dividend has increased over 11 times over the past decade. The company's focus on dividend expansion creates a predictable and disciplined use of cash to drive shareholder returns and signals confidence and strength in the cash generated by its businesses. The stock currently yields 2.30%.
Casey’s General Store (NASDAQ: CASY) June 19, 2009 has over 1,450 convenience stores (including franchises) in nine midwestern states, selling food, beverage, health and automotive products. At its June meeting, the Board of Directors increased the quarterly dividend 13.3% to $0.085/share. The dividend is payable August 17th, to shareholders of record on August 3rd. This marks the fourth consecutive year CASY has increased its dividend. At the new rate, the stock is yielding 1.3%.
Citizens Holding Company (NASDAQ: CIZN) June 2, 2009 announced today that its Board of Directors declared a cash dividend of $0.20 per share payable June 30, 2009, to shareholders of record as of June 15, 2009.
“I am proud today to announce our second quarter 2009 dividend of $0.20 per share,” said Greg L. McKee, President and Chief Executive Officer. “This dividend brings the year to date dividend to $0.40, an increase of 5.3% over the dividend paid in the first two quarters of 2008.”
Citizens Holding Company is a one-bank holding company and the parent company of The Citizens Bank of Philadelphia, both headquartered in Philadelphia, Mississippi. The Bank has twenty-three full service banking locations in ten counties in East Central Mississippi in addition to a Loan Production Office in Biloxi, Mississippi. In addition to full service commercial banking, the Company offers mortgage loans, title insurance services through its subsidiary, Title Services, LLC and a full range of Internet banking services including online banking, bill pay and cash management services for businesses.
The Clorox Company (NYSE: CLX), June 12, 2009 increased its dividend 9% to $0.50 per share.
C.R. Bard (NYSE: BCR) June 10, 2009 said late Wednesday its board had approved a quarterly dividend increase of 6%. The Murray Hill, N.J.-based company will now pay a quarterly dividend of 17 cents per share, up from its previous 16 cents. The dividend is payable July 31 to shareholders of record as of July 20. This increase marks the eighth consecutive year of dividend hikes for the company. Bard's dividend payout has doubled in the past 12 years.
Darden Restaurants (NYSE: DRI) June 25, 2009 Increased its dividend to $0.25 quarterly with a current yield of 3.14%.
Darden operates in the full-service dining segment of the restaurant industry, primarily in the United States. the Company operated, through its subsidiaries, 1,702 restaurants in the United States and Canada. In the United States, , including 651 Red Lobster, 647 Olive Garden, 305 LongHorn Steakhouse, 32 The Capital Grille, 23 Bahama Breeze and seven Seasons 52 restaurants, and two specialty restaurants: Hemenway’s Seafood Grille & Oyster Bar and The Old Grist Mill Tavern. In Canada, Darden operated 35 restaurants, including 29 Red Lobster and six Olive Garden restaurants.
The dividend was raised yesterday from $0.20 to $0.25 quarterly putting the current yield at a very attractive 3.14%. This marked the seventh annual increase over the past eight years. Holders of record on July 10th will be paid the higher rate on August 3rd.
Del Monte (NYSE: DLM) June 19, 2009. Del Monte Foods announced a 25% dividend increase albeit from a small base. The Board of Directors approved a quarterly cash dividend $0.05 per share, which is a $0.01 increase from the prior level of $0.04. The company maintains a leveraged balance sheet with debt-to-equity ratio of 0.97.
Duke Energy Corp. (NYSE: DUK) June 23, 2009 has increased its quarterly cash dividend by 4 percent to 24 cents per share from 23 cents per share. The dividend is payable Sept. 16 to shareholders of record on Aug. 14. “Despite challenging economic conditions, Duke Energy continues to successfully implement its business strategy,” says Chief Executive Jim Rogers. “We are pleased to share this success with our investors.”
This is the 83rd consecutive year that Charlotte-based Duke Energy has paid a quarterly cash dividend on its common stock.
Ecology and Environment, Inc. (NASDAQ: EEI) June 17, 2009. E & E reported an increase of $10.6 million in revenue during the third quarter of fiscal year 2009 compared to the third quarter of the prior year. The increase in revenue was attributable to increased work in the Company's energy, environmental restoration, and federal government sectors. "We strongly believe in sustainability throughout our organization and in our financials," said President and CEO, Kevin Neumaier. At the end of the quarter, the company had cash of $13.5 million with debt of only $.7 million and available lines of credit of $37.6 million. The Company's book value was $40.3 million or $9.86 per share. In April 2009, the Company declared a dividend of $.20 per share to shareholders of both Class A and Class B common stock, which represents the 47th consecutive dividend since the Company became public in 1987 and the 14th increase in 22 years.
FactSet Research Systems Inc. (NYSE:FDS) (Nasdaq:FDS), June 16, 2009 a leading provider of integrated financial information and analytical applications to the global investment community, today announced its results for the third quarter of fiscal 2009.
For the quarter ended May 31, 2009, revenues increased to $154.4 million, up 5% compared to the prior year. Operating income for the third quarter rose to $53.3 million, an increase of 11% from $47.9 million in the same period of fiscal 2008. Operating margins advanced to 34.5%. Net income rose to $38.5 million as compared to $32.5 million a year ago. Diluted earnings per share increased to $0.79 from $0.65 in the same period of fiscal 2008. Included in this quarter's EPS was an income tax benefit of $0.06 per share related to finalizing prior years' tax returns and repatriating foreign earnings to the U.S. The quarterly dividend increased 11% from $0.18 to $0.20 per share. Common shares outstanding at May 31, 2009 were 47.1 million. The Company repurchased 200,000 shares during the quarter and $134 million remains authorized for future repurchases.
The First Bancorp (NASDAQ: FNLC) June 18, 2009. The Board of Directors of The First Bancorp today declared a quarterly dividend of 19.5 cents per share. This second-quarter dividend, which is payable July 31, 2009, to shareholders of record as of July 6, 2009, represents an increase of 2.6% or 0.5 cent per share over the second-quarter dividend declared in 2008 of 19.0 cents per share and is equal to the 19.5 cents per share declared in the previous three quarters.
First Keystone Corporation (OTC BB: FKYS) June 4, 2009 parent company of First Keystone National Bank, declared a $.23 per share quarterly cash dividend to shareholders of record as of June 16, 2009, payable June 30, 2009. Total cash dividends per share will be $.46 as of June 30, 2009, up from $.44 paid in the first two quarters of 2008, an increase of 4.5%.
First Keystone National Bank, an independently owned community bank since 1864, presently operates 14 full service offices in Columbia (5), Luzerne (4), Montour (1) and Monroe (4) Counties providing banking and trust services. In Monroe County, the Bank trades as Pocono Community Bank, a division of First Keystone National Bank.
Inquiries regarding the purchase of the company’s stock may be made through the following brokers: RBC Dain Rauscher, 800-223-4207; Janney Montgomery Scott, Inc., 800-526-6397; Boenning & Scattergood, Inc., 800-883-8383; and Stifel Nicolaus & Co. Inc., 800-223-6807.
Franklin Resources (NYSE: BEN) June 16, 2009 announced a quarterly cash dividend of $0.21 per share payable on July 10, 2009 to stockholders of record on June 30, 2009. The quarterly dividend of $0.21 is equivalent to the dividend paid for the prior quarter and represents a 5% increase over the quarterly dividend paid for the same quarter last year.
Franklin Resources, Inc. is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $448 billion in assets under management as of May 31, 2009.
Hatteras Financial Corp. (NYSE: HTS) Jun 23, 2009. The Board of Directors of Hatteras Financial Corp. today declared a quarterly dividend of $1.10 per common share for the second quarter of 2009. The dividend will be paid on July 24, 2009, to stockholders of record on July 6, 2009, with an ex-dividend date of July 1, 2009.
"We are pleased to again announce an increase in our quarterly dividend," said Michael R. Hough, Chief Executive Officer of Hatteras. "Borrowing costs have continued to trend lower, which has directly contributed to a higher net interest margin than we earned in the first quarter. While prepayment rates have trended moderately higher quarter over quarter, they have remained on the low end of our estimates."
Hatteras Financial is a real estate investment trust formed in 2007 to invest in adjustable-rate and hybrid adjustable-rate single-family residential mortgage pass-through securities guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. Based in Winston-Salem, N.C., Hatteras is managed and advised by Atlantic Capital Advisors LLC. Hatteras is a component of the Russell 2000(R) and the Russell 3000(R) indices.
Isabella Bank Corp. (OTC pink sheets ISBA) May 31, 2009. Several members of the Isabella Bank Corp. Board of Directors were re-elected to new terms at the annual meeting of shareholders on May 5. Shareholders re-elected David J. Maness, president of Maness Petroleum; W. Joseph Manifold, CPA and president of Federal Broach; William J. Strickler, president of Michiwest Energy; and Dennis P. Angner, president of Isabella Bank Corporation, to serve as members of the Board of Directors until the 2012 annual meeting of shareholders. Additionally James C. Fabiano, chairman of Fabiano Brothers, was re-elected by the Board of the Directors to serve as chairman of the corporation. Angner also announced that the corporation's Board of Directors at its May 21 meeting declared a second quarter cash dividend of 13 cents per share payable on June 30 to shareholders of record on June 1. The cash dividend represents an 8.3 percent increase over the dividend paid in the first quarter of 2009 and the second quarter of 2008 and reflects the corporation's continued strong financial performance. Isabella Bank Corporation, with $1.65 billion of assets under management, is the parent company of Isabella Bank, which serves the central Michigan region with 24 branch locations.
John Wiley & Sons, Inc. (NYSE: JWa & JWb), June 18, 2009 announced that the Board of Directors at their meeting today declared a quarterly cash dividend of $0.14 per share on its Class A and Class B Common Stock, payable on July 14, 2009 to shareholders of record on July 6, 2009. This is the 16th consecutive annual dividend increase and represents an increase of 8% over the previous dividend of $0.13 per share.
Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and understanding for more than 200 years, helping people around the world meet their needs and fulfill their aspirations. Wiley and its acquired companies have published the works of more than 350 Nobel laureates in all categories: Literature, Economics, Physiology or Medicine, Physics, Chemistry, and Peace.
Its core businesses publish scientific, technical, medical, and scholarly journals, encyclopedias, books, and online products and services; professional/trade books, subscription products, training materials, and online applications and Web sites; and educational materials for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, New Jersey, with operations in the U.S., Europe, Asia, Canada, and Australia.
Lowe’s Cos (NYSE: LOW) announced a quarterly cash dividend increase of about 6%, from 8.5 cents per share to 9 cents per share, the new dividend will be paid on July 31 to July 17 before closing the register of shareholders in the distribution.
In addition, held Friday in the company’s annual shareholders meeting, shareholders also re-elected Peter C. Browning, Marshall O. Larsen, Stephen F. Page and O. Temple Sloan Jr as a director, two-year term. Shareholders rejected the company’s North Dakota re-registration, as well as separation of chairman and chief executive officer of the proposed posts.
Medtronic, Inc. (NYSE: MDT), June 18, 2009 which develops, manufactures, and markets medical devices worldwide, approved a 9% increase in its quarterly dividend to 20.50 cents per share. In addition to that the company also approved an increase in its Share Repurchase Plan, authorizing Medtronic to purchase an additional 60 million shares of its common stock, which represents 5.4% of the company’s outstanding stock issued. Medtronic, Inc. is a dividend champion, which has increased its quarterly dividend for thirty one consecutive years. The stock currently yields 2.20%.
Occidental Petroleum Corporation (NYSE:OXY) April 30, 2009 announced today that its Board of Directors has increased the company's quarterly dividend from $.32 per share to $.33 per share for an annual rate of $1.32 per share, compared to the previous annual rate of $1.28 per
share.
The dividend will be payable on July 15, 2009, to stockholders of record as of June 10, 2009. Oxy has raised the dividend every year since 2002. This increase is the company's eighth over the period, during which Oxy's dividend has risen 164 percent. The company has paid quarterly dividends continuously since 1975.
Oil-Dri (NYSE: ODC) June 9, 2009 The Board of Directors of Oil-Dri Corporation of America today declared quarterly cash dividends of $0.15 per share of the Company's Common Stock and $0.1125 per share of the Company's Class B Stock, a 7% increase for both classes of stock. The dividends will be payable on September 4, 2009, to stockholders of record at the close of business on August 21, 2009. The Company has paid cash dividends continuously since 1974.
Oil-Dri Corporation of America is a leading supplier of specialty sorbent products for industrial, automotive, agricultural, horticultural and specialty markets and the world's largest manufacturer of cat litter.
PetSmart (NASDAQ: PETM) Jnue 26, 2009 after an extensive analysis of expected free cash flows showed confidence in their our operating plan with a generous dividend increase and share repurchase plan.
PETM operates more than 1,100 pet stores in the U.S. and Canada, offering pet food, supplies and services. Tuesday the company PETM announced an increase its quarterly dividend of 233% to $0.10/share. In addition, its Board of Directors authorized a $350 million stock purchase plan. In a statement the company said it plans to continue to grow the business by opening about 40 stores per year for the foreseeable future. At the new rate, the stock is yielding 1.92%.
Piedmont Natural Gas (NYSE: PNY) For a second quarter in which Piedmont Natural Gas Co. Inc. increased its dividend for the 31st consecutive year, analysts expect the North Carolina-based utility to report a profit of $0.68 per share, which is two cents higher than a year ago. Revenue is expected to total $637.5 million, which is about the same as a year ago. Piedmont's results have tended to fall a bit short of analysts' estimates in recent quarters. The long-term EPS growth forecast is 7.0%, and the forward PE ratio estimate is 15.0, which is better than the industry average. The consensus recommendation remains to buy PNY. Shares are up 4.6% since the beginning of the year to $23.73, but they are still 13.6% lower than a year ago and still well below the 100-day moving average.
Prospect Capital Corporation (NASDAQ: PSEC) June 23, 2009 announced today that it has declared a fourth fiscal quarter (for the fiscal year ending June 30, 2009) dividend of $0.40625 per share.
This dividend marks the Company’s 19th consecutive quarterly increase. The dividend now represents an approximately 17.9% current annualized dividend yield based on the closing stock price on J
Realty Income (NYSE: O), June 22, 2009 engages in the acquisition and ownership of commercial retail real estate properties in the United States. The monthly cash dividend was increased to $0.142375 per share from $0.1420625 per share. This represents the 6th increase for the past year. Tom A. Lewis, Chief Executive Officer of Realty Income, commented, "We are pleased that, despite challenging economic conditions, our operations allow us to once again increase the amount of the dividend we pay to our shareholders. With the payment of the July dividend we will have made 468 consecutive monthly dividend payments."
Realty Income calls itself The Monthly Dividend Company(R), since it has declared 468 consecutive common stock monthly dividends throughout its 40-year operating history and increased the dividend 54 times since Realty Income's listing on the New York Stock Exchange in 1994. The monthly dividend is supported by the cash flow from over 2,300 retail properties owned under long-term lease agreements with leading regional and national retail chains. Check my analysis of Realty Income (O). This dividend achiever currently yields 7.70%.
Stewardship Financial Corporation (NASDAQ: SSFN) June 17, 2009 parent company of Atlantic Stewardship Bank, declared a $0.095 per share cash dividend. Common stockholders of record as of July 15, 2009 will be paid the dividend on August 3, 2009. This represents a 5.0 percent increase over the third quarter cash dividend paid in 2008, as adjusted for the 5 percent stock dividend paid in November 2008.
In announcing the dividend, Chairman William C. Hanse and President and Chief Executive Officer Paul Van Ostenbridge stated,
"We are pleased to show our continued strong commitment to our shareholders by recognizing them with our forty-seventh consecutive cash dividend. We understand the challenges in the current banking environment; however we remain optimistic about the Corporation's future performance."
Stewardship Financial Corporation's subsidiary, Atlantic Stewardship Bank, has banking offices in Midland Park, Hawthorne (2 offices), Montville, North Haledon, Ridgewood, Pequannock, Waldwick, Wayne (3 offices), Westwood and Wyckoff, New Jersey. Atlantic Stewardship Bank, opened in 1985, is a community bank serving individuals and businesses, and is well known for tithing 10 percent of its pre-tax profits to Christian and local charitable organizations.
Supervalu Inc. (NYSE: SVU) May 28, 2009 approved a 1.45% increase in the annual indicated dividend to $0.70 per share from last year’s level of $0.69 per share. With this announcement, Supervalu Inc. ontinues its strong dividend history, having paid dividends for over 70 years. The new quarterly dividend rate of $0.175 per share will be effective with the September dividend payment. The previously announced quarterly dividend, which is payable on June 15, 2009 to shareholders of record as of June 1, 2009 will be paid at last year’s quarterly amount of $0.1725 per share. Supervalu Inc.’s board of directors today adopted a new annual share repurchase program authorizing the company to purchase up to $70 million of the company's common stock. Stock purchases will be made from time to time in open market purchases primarily from the cash generated from the settlement of stock options. The annual authorization program announced today replaces the existing $70 million share repurchase program authorized in May 2008 under which 641,500 shares were repurchased at a cost of $16.6 million.[SM]
Target Corporation (NYSE: TGT) June 12, 2009 announced a 6.25% increase in the company's quarterly dividend. The new quarterly dividend increases to 17 cents per share versus 16 cents per share in the same period a year ago. The projected dividend payout ratio is 24% based the January 2010 earnings per share estimate of $2.85. This compares to the 5-year average payout ratio of 13%. Lastly, Target carries an S&P Earnings & Dividend Quality Ranking of A+.
Tiffany & Co. (NYSE: TIF) declared a 3-for-2 split of its common stock, to be distributed on July 14 to holders of record on June 20. In lieu of fractional shares, cash will be paid. The company also approved a 50 percent increase in its quarterly cash dividend, so that its quarterly dividend will continue at the rate of 5 cents per share on all ”post-split” shares. The record date is Wednesday, July 8, 2009. The payment date is Monday, July 20, 2009. Tiffany operates retail stores in New York, Atlanta, Beverly Hills, Boston, Chicago, Costa Mesa, Dallas and Houston.
Universal Health Realty Income Trust (NYSE: UHT) June 4. 2009 announced today that its Board of Trustees voted to increase the quarterly dividend by $.005 and pay a dividend of $.595 per share on June 30, 2009 to shareholders of record as of June 16, 2009. Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, behavioral healthcare facilities, rehabilitation hospitals, sub-acute care facilities, surgery centers, childcare centers and medical office buildings. The Trust has forty-nine investments in fifteen states.
Village Super Market (NASDAQ: VLGEA) June 19, 2009. operates a chain of 23 ShopRite supermarkets in New Jersey and Pennsylvania. The company’s Board increased its quarterly cash dividend 7.5% to $0.215/share. The dividend is payable on July 23, 2009 to shareholders of record at the close of business on July 2, 2009. VLGEA has increased its dividend six consecutive years since began paying dividends in 2003. At the new rate, the stock is yielding 2.9%.TGT,SVU,ssfn, O,PSECPNY, PETM,ODC, OXY, ISBEN,
Wednesday, June 24, 2009
Laura Franks Bexley CPI Report Second Quarter, 2009.
Listen to the podcast of Laura Frank's Report
Laura Franks reported that most Bexley retail prices in her standard market basket are unchanged for the second quarter, 2009. Nonetheless, because of the recorded prices of two items, her consumer price index showed an overall price decline for the quarter.
The Bexley CPI reports on the aggregate prices paid for a uniform basket of merchandise purchased at retail in Bexley and nearby retail stores.
The Bexley CPI measures the change of prices for typical retail purchases made by Bexley residents.
The Bexley CPI can be compared to the price changes reported by the Bureau of Statistics, U.S. Department of Labor. The comparison can provide useful information for Bexley consumers about local price changes compared to price changes in other parts of the United States.
As of the second quarter, 2009 compared to the first quarter, 2009, Bexley prices showed a marked decrease of 10.70%. This decline is attributable to two factors. One is a significant 29% markdown on one(1) personal hygiene item. The second factor is the result of a stationery item being out of stock and having to replace it with the same product, but in a smaller size, and therefore priced at $1.00 less than the regular market basket item.
Even if the regular stationery item had been available at its first quarter price, we still would have had a little over 5% decrease in Bexley retail prices.
Except for these two(2) items, the prices on the remainder of the market basket purchases stayed the same as the first quarter 2009.
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. Laura Franks. Photo is copyright 2009. All rights reserved. Bexley Public Radio Editorial Collective.
Laura Franks reported that most Bexley retail prices in her standard market basket are unchanged for the second quarter, 2009. Nonetheless, because of the recorded prices of two items, her consumer price index showed an overall price decline for the quarter.
The Bexley CPI reports on the aggregate prices paid for a uniform basket of merchandise purchased at retail in Bexley and nearby retail stores.
The Bexley CPI measures the change of prices for typical retail purchases made by Bexley residents.
The Bexley CPI can be compared to the price changes reported by the Bureau of Statistics, U.S. Department of Labor. The comparison can provide useful information for Bexley consumers about local price changes compared to price changes in other parts of the United States.
As of the second quarter, 2009 compared to the first quarter, 2009, Bexley prices showed a marked decrease of 10.70%. This decline is attributable to two factors. One is a significant 29% markdown on one(1) personal hygiene item. The second factor is the result of a stationery item being out of stock and having to replace it with the same product, but in a smaller size, and therefore priced at $1.00 less than the regular market basket item.
Even if the regular stationery item had been available at its first quarter price, we still would have had a little over 5% decrease in Bexley retail prices.
Except for these two(2) items, the prices on the remainder of the market basket purchases stayed the same as the first quarter 2009.
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. Laura Franks. Photo is copyright 2009. All rights reserved. Bexley Public Radio Editorial Collective.
John Matuszak schedule of interviews Napoleon Bell and Robin Innes.
John Matuszak's will interview Napoleon Bell, executive director of the City of Columbus Community Relations Commission on the Wednesday June 24 Eastside News Roundup at 11 a.m.
The following week on Wednesday July 1, John Matuszak will interview, Robin Innes, public relations director for Cedar Point.
The following week on Wednesday July 1, John Matuszak will interview, Robin Innes, public relations director for Cedar Point.
Whitehall's Hometown Heroes Coming To Town! by Dianne Garrett.
The Next Level Football Camp hosted by New York Giant Domenik Hixon and Former Toledo Rocket Anthony Jordan will be July 11 at Whitehall Yearling High School 7 a.m. - 4 p.m. Jordan is currently an assistant football coach at Seton Hill University in Pennsylvania.
Both young men have gone on from their hometown to pursue their dreams, and they want to see other Whitehall youth have every opportunity to do the same. On July 10 they will host an event at Buffalo Wild Wings 5-8 p.m. Autographed football memorabilia will be auctioned, with all proceeds benefitting the WYHS athletic department.
Hixon and Jordan feel it is important to give back to their home community, so the annual event is two-fold. Children have an opportunity to learn from pros, while their alma mater receives a financial boost, as well.
The staff roster is impressive, and follows:
NaShan Goddard - Seattle Seahawks
Brian Clark - Tampa Bay Buccaneers
Steve Cargiale - New York Giants
Chase Blackburn - New York Giants
Mathias Kiwanuka - New York Giants
Michael Matthews - New York Giants
Sinorice Moss - New York Giants
Barry Cofield - New York Giants
Mario Manningham - New York Giants
Charlie Frye - Seattle Seahawks
Lance Moore - New Orleans Saints
John Greco - St. Louis Rams
Tim Crouch - Akron Zips
Tyree Pollard - Toledo Rockets
Andrews Hawkins - Toledo Rockets (TV: "4th and Long" with Michael Irvin and Spike Network
J R Ford - Michigan/Capitol University
Murad Holliday - Kent State Golden Flashes/Gahanna Lincoln High School
Camp Information
Clothing for camp is T-shirt, shorts/sweats with football cleats or athletic shoes. Shorts/sweats should be worn firm around the waist. A water bottle is encouraged, but water will be available at all times for the campers. Drinks will be sold at the concession stand.
Registration is $25 if registered before July 7, and $30 at the gate. Register three children, and the fourth is free. All forms have to be turned in together to qualify. The first 100 to register will receive a special prize at the end of camp. For those who would like for their child to attend, and are not financially able, email Anthony Jordan at Nextlevelfootballcamp@yahoo.com, and leave your name and number. You will be contacted. Also if anyone wants to sponsor some children or donate money or anything to help with the camp, it will be welcomed. Use the same email contact as above.
Cash, checks and money orders will be accepted. Please make payable to Whitehall Yearling High School, and mail to:
The Next Level Football Camp
P.O. Box 13686
Whitehall, OH 43213
Also, there will be Q & A sessions with NFL players. Games will be availble to play for a small fee during the camp for friends and family members. Parents are encouraged to attend. Everyone is welcome!
The pair said, "We want this to be about community and family coming together. If you do not have children attending the camp, still come out and have a great time. The WHYS band will have the concession stand open, so you can buy food, water or drinks. All money raised will be donated to Whitehall Schools."
Every registered participant will receive a T-shirt, lunch or dinner, along with a drink.
T-shirts will also be available for sale. Come out for a great time!
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. Dianne Garrett.
Both young men have gone on from their hometown to pursue their dreams, and they want to see other Whitehall youth have every opportunity to do the same. On July 10 they will host an event at Buffalo Wild Wings 5-8 p.m. Autographed football memorabilia will be auctioned, with all proceeds benefitting the WYHS athletic department.
Hixon and Jordan feel it is important to give back to their home community, so the annual event is two-fold. Children have an opportunity to learn from pros, while their alma mater receives a financial boost, as well.
The staff roster is impressive, and follows:
NaShan Goddard - Seattle Seahawks
Brian Clark - Tampa Bay Buccaneers
Steve Cargiale - New York Giants
Chase Blackburn - New York Giants
Mathias Kiwanuka - New York Giants
Michael Matthews - New York Giants
Sinorice Moss - New York Giants
Barry Cofield - New York Giants
Mario Manningham - New York Giants
Charlie Frye - Seattle Seahawks
Lance Moore - New Orleans Saints
John Greco - St. Louis Rams
Tim Crouch - Akron Zips
Tyree Pollard - Toledo Rockets
Andrews Hawkins - Toledo Rockets (TV: "4th and Long" with Michael Irvin and Spike Network
J R Ford - Michigan/Capitol University
Murad Holliday - Kent State Golden Flashes/Gahanna Lincoln High School
Camp Information
Clothing for camp is T-shirt, shorts/sweats with football cleats or athletic shoes. Shorts/sweats should be worn firm around the waist. A water bottle is encouraged, but water will be available at all times for the campers. Drinks will be sold at the concession stand.
Registration is $25 if registered before July 7, and $30 at the gate. Register three children, and the fourth is free. All forms have to be turned in together to qualify. The first 100 to register will receive a special prize at the end of camp. For those who would like for their child to attend, and are not financially able, email Anthony Jordan at Nextlevelfootballcamp@yahoo.com, and leave your name and number. You will be contacted. Also if anyone wants to sponsor some children or donate money or anything to help with the camp, it will be welcomed. Use the same email contact as above.
Cash, checks and money orders will be accepted. Please make payable to Whitehall Yearling High School, and mail to:
The Next Level Football Camp
P.O. Box 13686
Whitehall, OH 43213
Also, there will be Q & A sessions with NFL players. Games will be availble to play for a small fee during the camp for friends and family members. Parents are encouraged to attend. Everyone is welcome!
The pair said, "We want this to be about community and family coming together. If you do not have children attending the camp, still come out and have a great time. The WHYS band will have the concession stand open, so you can buy food, water or drinks. All money raised will be donated to Whitehall Schools."
Every registered participant will receive a T-shirt, lunch or dinner, along with a drink.
T-shirts will also be available for sale. Come out for a great time!
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. Dianne Garrett.
Whitehall's Independence Day Celebration. Dianne Garrett.
The following is a schedule of Whitehall's Independence Day Celebration, sponsored by Whitehall Community Celebration Association. Fireworks are sponsored by City of Whitehall. All activities will be John Bishop Park.
Saturday, June 27
Beautiful Baby 10:30 a.m. at the John LaCorte band shell
Little Miss Whitehall 1:00 p.m. (band shell)
Car show 5 p.m. - 9 p.m. in the yard across from the band shell
Admission: $5
Registration starts at 4 p.m.
Free dash plates to the first 50 registrants
Monday, June 29
Jr. Miss Whitehall 6:30 p.m. (band shell)
Wednesday, July 1
Young Miss Whitehall 6:30 p.m. (band shell)
Thursday, July 2
Amusement & Rides open at 5 p.m. - midway on Etna Road side
Miss Whitehall 6:30 p.m. (band shell)
Taste of Whitehall Pizza Tasting Contest 7:30 p.m. at the WCCA information center
Friday, July 3
Amusement & Rides open at 5 p.m.
Kids games 6:30 p.m. at the WCCA information center
Saturday, July 4
Parade 10 a.m. from Community Bank on Yearling to Langley, ending at the band shell
Recognition ceremony 12 p.m. (band shell)
Amusement and Rides open at 12 p.m.
City vs. Police and Fire Softball game 3 p.m. - across from WCCA information center
Musical Entertainment 7 - 9:55 p.m. with "Next Exit" band
FIREWORKS 10 p.m.
HAVE A SAFE AND HAPPY HOLIDAY!!!
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. Dianne Garrett.
Saturday, June 27
Beautiful Baby 10:30 a.m. at the John LaCorte band shell
Little Miss Whitehall 1:00 p.m. (band shell)
Car show 5 p.m. - 9 p.m. in the yard across from the band shell
Admission: $5
Registration starts at 4 p.m.
Free dash plates to the first 50 registrants
Monday, June 29
Jr. Miss Whitehall 6:30 p.m. (band shell)
Wednesday, July 1
Young Miss Whitehall 6:30 p.m. (band shell)
Thursday, July 2
Amusement & Rides open at 5 p.m. - midway on Etna Road side
Miss Whitehall 6:30 p.m. (band shell)
Taste of Whitehall Pizza Tasting Contest 7:30 p.m. at the WCCA information center
Friday, July 3
Amusement & Rides open at 5 p.m.
Kids games 6:30 p.m. at the WCCA information center
Saturday, July 4
Parade 10 a.m. from Community Bank on Yearling to Langley, ending at the band shell
Recognition ceremony 12 p.m. (band shell)
Amusement and Rides open at 12 p.m.
City vs. Police and Fire Softball game 3 p.m. - across from WCCA information center
Musical Entertainment 7 - 9:55 p.m. with "Next Exit" band
FIREWORKS 10 p.m.
HAVE A SAFE AND HAPPY HOLIDAY!!!
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. Dianne Garrett.
The Herons. By the most sensitive man in Bexley, Simon Doer.
The Herons. They reside in the Preston Road area of Columbus just to the west of Bexley. They are herons (yellow crowned night herons to be exact). Their nests, like tax havens, are located in that patch of real estate just outside Bexley in an awkward gerrymandered slice of Columbus. Like a peninsula, the Columbus area bounded by water at Alum Creek and Broad and Parkview Streets similar to an isthmus, juts out in historic tax defiance to its Bexley neighbors.
It is hard to deny that it is a perfect location, close to the water of Alum Creek and the trees of Wolfe Park. The herons wisely take advantage of that location to wing east to consume fish as their staple food from the ponds of Bexley residents as if those services are an entitlement offered to them due to their close Columbus residency. Similar to the herons consumption of fish in the ponds of adjoining residents, Columbus aggressively annexed land to grow while the slice of land to the east of Alum Creek remained as a dimple on the face of Columbus.
Like human carpetbaggers, during the past several years the herons have become outliers to Bexley, of sorts. The herons usual habitat has been the southern coastal region of the United States, a migration pattern many of their human neighbors also follow throughout the year. The residents appear to live parallel lives.
As they nest in the trees above the Columbus streets and the houses occupied by their human counterparts, the herons derive the protection of law enforcement as an endangered species. Bexley police even patrol those remote Columbus streets and Wolf Park in similar deference to what could be considered special citizens as they protect the human occupants of houses in close proximity to Bexley.
Taunt nets above the Bexley ponds may distract herons from their feasts of koi and goldfish, however, there currently appears no way to net the lost revenue from the closely knit Columbus community based near her Bexley neighbors. That slice of Columbus originally carved out of the near Bexley landscape to enable the election of Columbus City Council members from the area, became a permanent nest and haven, not only for the endangered herons, but for Columbus residents as well. Are there ways to share the cost of the current environment with Bexley’s near neighbors? Perhaps we need to be content that the herons’ human nightly counterparts occasionally pay to enjoy the food and merchant services of Bexley.
That is one sensitive man’s opinion. What is yours?
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. MSMIB, Simon Doer and Bexley Public Radio Editorial Collective.
It is hard to deny that it is a perfect location, close to the water of Alum Creek and the trees of Wolfe Park. The herons wisely take advantage of that location to wing east to consume fish as their staple food from the ponds of Bexley residents as if those services are an entitlement offered to them due to their close Columbus residency. Similar to the herons consumption of fish in the ponds of adjoining residents, Columbus aggressively annexed land to grow while the slice of land to the east of Alum Creek remained as a dimple on the face of Columbus.
Like human carpetbaggers, during the past several years the herons have become outliers to Bexley, of sorts. The herons usual habitat has been the southern coastal region of the United States, a migration pattern many of their human neighbors also follow throughout the year. The residents appear to live parallel lives.
As they nest in the trees above the Columbus streets and the houses occupied by their human counterparts, the herons derive the protection of law enforcement as an endangered species. Bexley police even patrol those remote Columbus streets and Wolf Park in similar deference to what could be considered special citizens as they protect the human occupants of houses in close proximity to Bexley.
Taunt nets above the Bexley ponds may distract herons from their feasts of koi and goldfish, however, there currently appears no way to net the lost revenue from the closely knit Columbus community based near her Bexley neighbors. That slice of Columbus originally carved out of the near Bexley landscape to enable the election of Columbus City Council members from the area, became a permanent nest and haven, not only for the endangered herons, but for Columbus residents as well. Are there ways to share the cost of the current environment with Bexley’s near neighbors? Perhaps we need to be content that the herons’ human nightly counterparts occasionally pay to enjoy the food and merchant services of Bexley.
That is one sensitive man’s opinion. What is yours?
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. MSMIB, Simon Doer and Bexley Public Radio Editorial Collective.
Wednesday, June 10, 2009
Hank Belew reports to Bexley on North Georgia Bluegrass and BBQ
Listen to the podcast of Hank Belew's dispatch from Rabun County.
Hank Belew reports from Rabun County, North Georgia. Hank is the Bexley Public Radio culture correspondent covering North Georgia and contiguous states.
Chilly mornings, lot of rain, and Chattooga River is up. This months rain is like the rain of yesteryears. Almost every day. Humidity. At night to get in bed, you’d lift the cover sheet up and let it fall and settle on you because the sheets were just too sticky from the humidity in the air.
Those were the days before air conditioning.
Now you have to have air conditioning, microwave stoves and two and three phone lines.
Hank said he used to grumble because Southern Bell kept changing the telephone area code in Rabun County. Hank grumbled until he realized that he has six telephone numbers himself. A fax, two cell phones, two land lines to the business and one to the house.
Hank began his culture dispatch with a comment that North Georgia Bluegrass jam sessions are firing up.
There are now five or six jam sessions a week in Rabun County.
Jam session are not concerts where people go to listen to specific bands and performers. Jam sessions are distinct from concerts. A jam session is where anyone who brings an instrument can play along or sing along. People go to jam sessions to listen, learn, play and sing.
The Bexley Public Radio culture correspondent said that people used to go across the Chattooga River to a little community called Mountain Rest to play in a Bluegrass jam session. The location was Cousin’s Store. Robert Lowery was the proprietor for years. The store closed for a while and now Bert’s kinfolks have reopened the store in the same location. When Hank was just learning Bluegrass, there was a jam session every Saturday night and people would drive hundreds of miles just to attend and participate.
At Cousin’s, there was always a core group of really good musicians. Students and beginners sat on the outside edges of the circle. Experienced musicians would sit in the “inner circle.” Next around would be the pretty good musicians, Then, the younger and inexperienced musicians would sit on the outside and at the edges of the circle where they could watch, listen and learn. As these beginners honed their skills, they could progress closer to the inner circle of experienced Bluegrass players.
[WCRX-LP editorial collective note: Most Google connections for “inner circle” make the following points and discuss “Esoterica. 1655, from Gk. esoterikos "belonging to an inner circle," from esotero, comp. adv. of eso "within." In Eng., originally of Pythagorean doctrines. According to Lucian, the division of teachings into exoteric and esoteric originated with Aristotle.”]
There are five or six jam sessions a week in Rabun County. Most are on weekend evenings or evenings near the weekend.
Besides jam sessions, there is also formal Bluegrass education in Rabun County. The Blue Ridge Music Academy offers courses of study. Founders of the academy are two musicians who perform with The Foxfire Boys Bluegrass band. Courses are conducted five days a week. Students range in age from five or six years old to at least one student in his seventies.
Tom Nixon and Dean English are associated with Blue Ridge Music Academy and are members of the Foxfire Boys. They have a jam session each Thursday night at their store in Clayton. The session is on a porch during most of the year and inside around a wood stove during cool summer nights and cold winter evenings.
The Blue Ridge Music Academy is located in Clayton and looks west over U.S. Route 23 as this highway passes through Rabun County.
The original Foxfire School music program was taught by George Reynolds, now a resident of Tennessee. The hallmark of Reynolds’ teaching was a chaotic school room. But his lessons kept Bluegrass alive for his students, and almost any musician between 24 and 44 was taught or at least heavily influenced by George.
Hank then continued his reflections on the types of Bluegrass songs. For this dispatch, Hank considered “Survivial Songs”
Living in the mountains isolated from commerce, people just had to rely on their own efforts and skills to survive. Even when playing music, their minds and feelings were on simple survival. The lyrics tended to be about what you did, day to day, morning to night. The subjects of Bluegrass songs were simple, direct and straight forward: Where you built your cabin, where you got your food.
Examples of this category of songs are “Cabin in the Lane”, “Little Log Cabin,” “Blue Ridge Cabin Home,” and “How You Gonna Eat.”
Another example is the Bill Monroe song lyric “ There’s a rabbit in log and I ain’t got my dog, how am I gonna get him out. I’ll get me a briar and I’ll twist it in his hair, that’s how I’ll get him out.” This is a survival song, pure and simple.
Hank then commented that “There’s ways to get your food if you need to” and then discussed wild meats, game and fowl. Rabbit, venison, possum, raccoon, bear, squirrel.
Hank said “These are foods that follow the old saying that ‘you can eat anything that can’t out run you.’”
As gourmand commentary, Hank said “Squirrel. All its good for is to pull it off the bone and make dumplings. There’s just not enough meat on squirrel. Possum is stringy. You have to boil it up to soften it and then bake it so it gets a little crust on it. It tastes better with a crust.” He also said that coon meat is an “elegant meat.” “Raccoon is a totally elegant meat with a slight gamey taste to it. Raccoon meat the ‘other, other white meat.’”
The culture correspondent continued with some observations on coon-hunting which he said has become an important sport. Coon-hunting used to be a survival skill but has become a major sporting activity. A visit to a sporting goods shops will display a surprising amount of coon hunting equipment. There are no special coon-hunting rifles. Most hunters use 22 caliber rifles because they are small and light, easy to carry through the woods.
The dogs that people hunt with are as specialized as thoroughbred racing horses. Hank said that years ago, a friend named Cliff went over to Alabama and bought a Walker coon hound. Cliff paid upwards of $25 thousand for the dog.
The friend was eager to show off his new and pricey hound to his buddies. Cliff telephoned his buddies and they got a troop together and went out coon-hunting just south of Rabun County. Rabun County is on the edge of the mountains so the next county south is much flatter. There are more rivers and a lot more coon down there. The next county is just better terrain for coon-hunting.
The hunters and the new coon dog tracked their prey to an old tree growing in the bottom land. The tree leaned out toward the river and had low branches that were not too steep. The coon was hiding in one of the lower branches. The $25 thousand Walker spotted the coon. The eager hound climbed onto the lower branch to confront the coon.
Suddenly, the dog became silent, lost his balance and dropped off the branch. The $25 thousand dog hit the ground dead.
Cliff took the dog to a veterinary doctor for a autopsy.
The cause of death was identified as a heart attack.
Cliff ended up paying for a fancy grave for his $25 thousand coon dog.
[WCRX-LP editorial collective comment: Now there’s a story that needs a Bluegrass lyric and song!]
Hank said that there are long breeding lines of hounds in the South. There are top show hounds and top hunting dogs. There is a lot of money in the breeding and training of hounds. But the hounds are not as expensive as fox hounds and the hunting thoroughbreds. Fox hounds are the “high dollar” dogs. Hank said that fox hunting is the sport of gentlemen. Coon hunting is the sport of “good ole boys.”
Hank continued his discussion of game meats and fowl. He said that there are coon and possum recipes in kitchens of Rabun County. He also said that the locals have stories about the medicinal and health-giving quality of wild meats, game and fowl.
As an example, Hank offered a story from John Hammonds, a resident of North Carolina. The story was about an old fellow named Parsons.
Parson’s home was the shelter under a rock, Parsons had the “sided-in” the shelter and raised his family there.
At the time of the story Parsons lived alone. Hammonds heard that Parsons was down and doing poorly with an undiagnosed illness.
The next time Hammonds was out hunting, he checked on Parsons to learn how the sick man was doing.
Hammond asked Parsons “What ails you?” Parsons responded “I don’t know what the problem is but I think if I ate me an owl, it would cure me.”
John Hammonds went off and took it on himself to catch an owl or two for Parsons. Hammonds said that year, the owls were pretty thick and plentiful.
Hammonds took his catch to Parsons and then went on his way back home.
Two or three weeks passed and Hammonds was back hunting and took it on himself to visit Parsons to see how the owl cure worked. When he got to Parsons house under the rock, the old man was sitting on the porch, getting up and around. Hammonds asked “How are you and the owl getting along?” Parsons replied “We are doing just fine. Mr. Parsons is up and around.”
Hank offered the commentary “That wild food is good for you. Maybe.”
Hank said that the “Survival songs” of Bluegrass can also be categorized as “Wild meat songs”, “hunting songs” and “dog songs.”
Hank then reminded listeners that the Georgia state BBQ championship and 13th annual Bluegrass festival are fast approaching. The championship and festival are held in Dillard, Georgia just down U.S. Route 23 from Columbus, Ohio. The championship and festival are scheduled for July 31st and August 1st. See DillardBBQ.com for details.
Bluegrass music that is booked includes New Horizons, Foxfire Boys, Crowe Brothers, Mississippi Sawyers, Volume Five, Heaven’s Echo, Curtis Blackwell and the Dixie Bluegrass Boys, The Bluegrass Revue and others too. The festival encourages “parking lot picking” too.
The festival is a short eight hour drive from Bexley down Highway U.S. 23. High Street in Columbus, Ohio. After you cross the North Carolina state line into Georgia, take a deep breath of the fresh mountain air, hold that breath, count to ten and you’ll be in Dillard, Georgia for the events.
Hank also reported on the organic market 8:00 to noon on Saturdays on Main Street in Clayton.
This market sells the produce of the seven or eight Rabun County organic farmers. This market is on Main Street in downtown Clayton. One of the businesses on Main Street has given over its front sidewalk area to the market. The market has been in full swing with early crops for three or four weeks.
Main Street in Clayton was the old US Route 23 until that federal highway was moved east about half a mile and widened to four lanes.
Only pricing information that Hank offered for the Clayton organic farmers market was the note that corn is going for $75.00 per gallon.
Hank also noted that liquid corm is another subject of much Bluegrass music. Making liquor and corn whiskey. You couldn’t haul corn down to the city and make any money but you could haul corn liquor to the city and make some money.
Hank also discussed the roots of Bluegrass music. He said that the International Blue Grass Music Association monthly newsletter mentions European Bluegrass band competition. Bluegrass is huge in Europe. Two of the top three bands in the European contest were from the Czech Republic. One of these Czech bands is named “G-runs and Roses” a reference to a rock n roll band named “Guns and Roses.”
As further explanation of the unusual name of the band, Hank said that the phrase “G-run” is a very popular Bluegrass lick.
The roots of Bluegrass music include Scots Irish songs, English folk songs and American influences from jazz to Gospel, folk music and rock n roll all have connections to Bluegrass.
Hank also said that when you focus on the Bluegrass instruments like the fiddle, the bass viol and guitar, you begin to understand the music’s connection to Eastern Europe.
But in all these music specialties, the culture correspondent said there are noticeable differences. In Dixieland music, all the instruments play the lead break at the same time. They don’t take turns so much. Same with the Scots Irish music. The penny whistler and the fiddle play the lead together all of the time. The musicians don’t take turns with the lead. But when you get to Bluegrass, one instrument takes a lead break and then another instrument follows and takes the lead break. Similarly, in eastern European music, the lead progresses from the violin to the accordion or concertina, then to the guitar and so on through all the instruments..
The European music is folk music and is about day-to-day living and it’s about survival, loves and liquor, eating and fighting.
Hank also noted a Banjo camp in Munich. France has a country music festival including American Bluegrass, Americana, Western Swing, Cajun, Tex-Mex, and Rock-a-billy
Europe’s discovery of Bluegrass and other American genres is just “going up the music family tree.”
Hank completed his dispatch for Bexley Public Radio with a brief review of a new banjo CD by Steve Martin. This is the same Steve Martin who is actor and comedian From Saturday Night Live. Martin is a serious banjo player. He has performed with Earl Scruggs and the Foggy Mountain Breakdown. The CD is titled "The Crow: New Songs for the Five-String Banjo."
Martin co-wrote the fifteen tracks on the CD issued by Rounder Records.
Other musicians on the CD include Mary Black, Pete Wernick, Tony Trischka, Tim O Brien, Dolly Parton and Vince Gill.
As a departing salutation, the culture correspondent said “See you in the near future, and if I don’t, I’ll meet you in the pasture.”
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. Hank Belew.
Hank Belew reports from Rabun County, North Georgia. Hank is the Bexley Public Radio culture correspondent covering North Georgia and contiguous states.
Chilly mornings, lot of rain, and Chattooga River is up. This months rain is like the rain of yesteryears. Almost every day. Humidity. At night to get in bed, you’d lift the cover sheet up and let it fall and settle on you because the sheets were just too sticky from the humidity in the air.
Those were the days before air conditioning.
Now you have to have air conditioning, microwave stoves and two and three phone lines.
Hank said he used to grumble because Southern Bell kept changing the telephone area code in Rabun County. Hank grumbled until he realized that he has six telephone numbers himself. A fax, two cell phones, two land lines to the business and one to the house.
Hank began his culture dispatch with a comment that North Georgia Bluegrass jam sessions are firing up.
There are now five or six jam sessions a week in Rabun County.
Jam session are not concerts where people go to listen to specific bands and performers. Jam sessions are distinct from concerts. A jam session is where anyone who brings an instrument can play along or sing along. People go to jam sessions to listen, learn, play and sing.
The Bexley Public Radio culture correspondent said that people used to go across the Chattooga River to a little community called Mountain Rest to play in a Bluegrass jam session. The location was Cousin’s Store. Robert Lowery was the proprietor for years. The store closed for a while and now Bert’s kinfolks have reopened the store in the same location. When Hank was just learning Bluegrass, there was a jam session every Saturday night and people would drive hundreds of miles just to attend and participate.
At Cousin’s, there was always a core group of really good musicians. Students and beginners sat on the outside edges of the circle. Experienced musicians would sit in the “inner circle.” Next around would be the pretty good musicians, Then, the younger and inexperienced musicians would sit on the outside and at the edges of the circle where they could watch, listen and learn. As these beginners honed their skills, they could progress closer to the inner circle of experienced Bluegrass players.
[WCRX-LP editorial collective note: Most Google connections for “inner circle” make the following points and discuss “Esoterica. 1655, from Gk. esoterikos "belonging to an inner circle," from esotero, comp. adv. of eso "within." In Eng., originally of Pythagorean doctrines. According to Lucian, the division of teachings into exoteric and esoteric originated with Aristotle.”]
There are five or six jam sessions a week in Rabun County. Most are on weekend evenings or evenings near the weekend.
Besides jam sessions, there is also formal Bluegrass education in Rabun County. The Blue Ridge Music Academy offers courses of study. Founders of the academy are two musicians who perform with The Foxfire Boys Bluegrass band. Courses are conducted five days a week. Students range in age from five or six years old to at least one student in his seventies.
Tom Nixon and Dean English are associated with Blue Ridge Music Academy and are members of the Foxfire Boys. They have a jam session each Thursday night at their store in Clayton. The session is on a porch during most of the year and inside around a wood stove during cool summer nights and cold winter evenings.
The Blue Ridge Music Academy is located in Clayton and looks west over U.S. Route 23 as this highway passes through Rabun County.
The original Foxfire School music program was taught by George Reynolds, now a resident of Tennessee. The hallmark of Reynolds’ teaching was a chaotic school room. But his lessons kept Bluegrass alive for his students, and almost any musician between 24 and 44 was taught or at least heavily influenced by George.
Hank then continued his reflections on the types of Bluegrass songs. For this dispatch, Hank considered “Survivial Songs”
Living in the mountains isolated from commerce, people just had to rely on their own efforts and skills to survive. Even when playing music, their minds and feelings were on simple survival. The lyrics tended to be about what you did, day to day, morning to night. The subjects of Bluegrass songs were simple, direct and straight forward: Where you built your cabin, where you got your food.
Examples of this category of songs are “Cabin in the Lane”, “Little Log Cabin,” “Blue Ridge Cabin Home,” and “How You Gonna Eat.”
Another example is the Bill Monroe song lyric “ There’s a rabbit in log and I ain’t got my dog, how am I gonna get him out. I’ll get me a briar and I’ll twist it in his hair, that’s how I’ll get him out.” This is a survival song, pure and simple.
Hank then commented that “There’s ways to get your food if you need to” and then discussed wild meats, game and fowl. Rabbit, venison, possum, raccoon, bear, squirrel.
Hank said “These are foods that follow the old saying that ‘you can eat anything that can’t out run you.’”
As gourmand commentary, Hank said “Squirrel. All its good for is to pull it off the bone and make dumplings. There’s just not enough meat on squirrel. Possum is stringy. You have to boil it up to soften it and then bake it so it gets a little crust on it. It tastes better with a crust.” He also said that coon meat is an “elegant meat.” “Raccoon is a totally elegant meat with a slight gamey taste to it. Raccoon meat the ‘other, other white meat.’”
The culture correspondent continued with some observations on coon-hunting which he said has become an important sport. Coon-hunting used to be a survival skill but has become a major sporting activity. A visit to a sporting goods shops will display a surprising amount of coon hunting equipment. There are no special coon-hunting rifles. Most hunters use 22 caliber rifles because they are small and light, easy to carry through the woods.
The dogs that people hunt with are as specialized as thoroughbred racing horses. Hank said that years ago, a friend named Cliff went over to Alabama and bought a Walker coon hound. Cliff paid upwards of $25 thousand for the dog.
The friend was eager to show off his new and pricey hound to his buddies. Cliff telephoned his buddies and they got a troop together and went out coon-hunting just south of Rabun County. Rabun County is on the edge of the mountains so the next county south is much flatter. There are more rivers and a lot more coon down there. The next county is just better terrain for coon-hunting.
The hunters and the new coon dog tracked their prey to an old tree growing in the bottom land. The tree leaned out toward the river and had low branches that were not too steep. The coon was hiding in one of the lower branches. The $25 thousand Walker spotted the coon. The eager hound climbed onto the lower branch to confront the coon.
Suddenly, the dog became silent, lost his balance and dropped off the branch. The $25 thousand dog hit the ground dead.
Cliff took the dog to a veterinary doctor for a autopsy.
The cause of death was identified as a heart attack.
Cliff ended up paying for a fancy grave for his $25 thousand coon dog.
[WCRX-LP editorial collective comment: Now there’s a story that needs a Bluegrass lyric and song!]
Hank said that there are long breeding lines of hounds in the South. There are top show hounds and top hunting dogs. There is a lot of money in the breeding and training of hounds. But the hounds are not as expensive as fox hounds and the hunting thoroughbreds. Fox hounds are the “high dollar” dogs. Hank said that fox hunting is the sport of gentlemen. Coon hunting is the sport of “good ole boys.”
Hank continued his discussion of game meats and fowl. He said that there are coon and possum recipes in kitchens of Rabun County. He also said that the locals have stories about the medicinal and health-giving quality of wild meats, game and fowl.
As an example, Hank offered a story from John Hammonds, a resident of North Carolina. The story was about an old fellow named Parsons.
Parson’s home was the shelter under a rock, Parsons had the “sided-in” the shelter and raised his family there.
At the time of the story Parsons lived alone. Hammonds heard that Parsons was down and doing poorly with an undiagnosed illness.
The next time Hammonds was out hunting, he checked on Parsons to learn how the sick man was doing.
Hammond asked Parsons “What ails you?” Parsons responded “I don’t know what the problem is but I think if I ate me an owl, it would cure me.”
John Hammonds went off and took it on himself to catch an owl or two for Parsons. Hammonds said that year, the owls were pretty thick and plentiful.
Hammonds took his catch to Parsons and then went on his way back home.
Two or three weeks passed and Hammonds was back hunting and took it on himself to visit Parsons to see how the owl cure worked. When he got to Parsons house under the rock, the old man was sitting on the porch, getting up and around. Hammonds asked “How are you and the owl getting along?” Parsons replied “We are doing just fine. Mr. Parsons is up and around.”
Hank offered the commentary “That wild food is good for you. Maybe.”
Hank said that the “Survival songs” of Bluegrass can also be categorized as “Wild meat songs”, “hunting songs” and “dog songs.”
Hank then reminded listeners that the Georgia state BBQ championship and 13th annual Bluegrass festival are fast approaching. The championship and festival are held in Dillard, Georgia just down U.S. Route 23 from Columbus, Ohio. The championship and festival are scheduled for July 31st and August 1st. See DillardBBQ.com for details.
Bluegrass music that is booked includes New Horizons, Foxfire Boys, Crowe Brothers, Mississippi Sawyers, Volume Five, Heaven’s Echo, Curtis Blackwell and the Dixie Bluegrass Boys, The Bluegrass Revue and others too. The festival encourages “parking lot picking” too.
The festival is a short eight hour drive from Bexley down Highway U.S. 23. High Street in Columbus, Ohio. After you cross the North Carolina state line into Georgia, take a deep breath of the fresh mountain air, hold that breath, count to ten and you’ll be in Dillard, Georgia for the events.
Hank also reported on the organic market 8:00 to noon on Saturdays on Main Street in Clayton.
This market sells the produce of the seven or eight Rabun County organic farmers. This market is on Main Street in downtown Clayton. One of the businesses on Main Street has given over its front sidewalk area to the market. The market has been in full swing with early crops for three or four weeks.
Main Street in Clayton was the old US Route 23 until that federal highway was moved east about half a mile and widened to four lanes.
Only pricing information that Hank offered for the Clayton organic farmers market was the note that corn is going for $75.00 per gallon.
Hank also noted that liquid corm is another subject of much Bluegrass music. Making liquor and corn whiskey. You couldn’t haul corn down to the city and make any money but you could haul corn liquor to the city and make some money.
Hank also discussed the roots of Bluegrass music. He said that the International Blue Grass Music Association monthly newsletter mentions European Bluegrass band competition. Bluegrass is huge in Europe. Two of the top three bands in the European contest were from the Czech Republic. One of these Czech bands is named “G-runs and Roses” a reference to a rock n roll band named “Guns and Roses.”
As further explanation of the unusual name of the band, Hank said that the phrase “G-run” is a very popular Bluegrass lick.
The roots of Bluegrass music include Scots Irish songs, English folk songs and American influences from jazz to Gospel, folk music and rock n roll all have connections to Bluegrass.
Hank also said that when you focus on the Bluegrass instruments like the fiddle, the bass viol and guitar, you begin to understand the music’s connection to Eastern Europe.
But in all these music specialties, the culture correspondent said there are noticeable differences. In Dixieland music, all the instruments play the lead break at the same time. They don’t take turns so much. Same with the Scots Irish music. The penny whistler and the fiddle play the lead together all of the time. The musicians don’t take turns with the lead. But when you get to Bluegrass, one instrument takes a lead break and then another instrument follows and takes the lead break. Similarly, in eastern European music, the lead progresses from the violin to the accordion or concertina, then to the guitar and so on through all the instruments..
The European music is folk music and is about day-to-day living and it’s about survival, loves and liquor, eating and fighting.
Hank also noted a Banjo camp in Munich. France has a country music festival including American Bluegrass, Americana, Western Swing, Cajun, Tex-Mex, and Rock-a-billy
Europe’s discovery of Bluegrass and other American genres is just “going up the music family tree.”
Hank completed his dispatch for Bexley Public Radio with a brief review of a new banjo CD by Steve Martin. This is the same Steve Martin who is actor and comedian From Saturday Night Live. Martin is a serious banjo player. He has performed with Earl Scruggs and the Foggy Mountain Breakdown. The CD is titled "The Crow: New Songs for the Five-String Banjo."
Martin co-wrote the fifteen tracks on the CD issued by Rounder Records.
Other musicians on the CD include Mary Black, Pete Wernick, Tony Trischka, Tim O Brien, Dolly Parton and Vince Gill.
As a departing salutation, the culture correspondent said “See you in the near future, and if I don’t, I’ll meet you in the pasture.”
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. Hank Belew.
Dianne Garrett: Music and Movies this Summer in Gahanna
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ROTARY FAMILY SERIES
Tuesdays at Creekside Plaza
6:30 - 8:30 p.m., June - September
The Shaw Brothers 1st Tuesday of each month
Rendition 2nd Tuesday of each month
The Zen Blues Band 3rd Tuesday of each month
Rockbridge Crossing 4th Tuesday of each month
Soul Satyr 5th Tuesday of each month
MUSIC IN THE PARK
Fridays at Friendship Park
7:00-9:00 p.m., June-September
June 12 -General Guinness Band (Irish)
June 19-21 - Creekside Blues and Jazz Festival
June 26 -Hat Trick (Acoustic Hits)
July 3 -The Words (2008 TeenFest Winner)
July 10 -Soul Kitch'n (Funk and Soul)
July 17 -Mousetrap (Radio Disney Covers)
July 24 -Gas Pump Jockeys (Oldies)
July 31 -Paradise Island (Dance Hits)
August 7 -The Lords of Literature (Classic Rock)
August 14 -John Schwab Band (Party Variety)
August 21 -Controversy (Party Variety)
CONCERTS ON THE CREEK
Saturdays at Creekside Plaza
8:00-10:00 p.m. June-July
7:00-9:00 p.m. August 15-October
June 13 -The Reaganomics ('80's Band)
June 19-21 -Creekside Blues and Jazz Festival)
June 27 -Homeland (Irish)
July 4 -Gahanna Freedom Festival-Gahanna Municipal Golf Course
.
July 11 -Mojo Theory (Blues)
July 18 -Chris Logsdon (Acoustic Rock)
July 25 -British Invasion (British '60's and '70's)
August 1 -Tim Omark & Southern Justice (Country)
August 8 -Zen Blues Band (Blues)
August 15 -JuJu Bees Blues Band (Blues)
August 22 -Conspiracy (Party Band)
August 29 -DEJAVU (Latin)
September 5 -Agent 99 (Rock)
September 12 -Blues at Last (Blues)
September 19 -Michael Rose (Solid Gold Oldies/Elvis)
September 26 -Andy Shaw (Rock/Blues)
October 3 -On The Beach (Alternative)
October 10 -Bill Foley (Best of '50's, '60's, & '70's)
October 17 -Northwest Territory (Bluegrass)
October 24 -The Floorwalkers (Blues/Soul/Rock & Roll)
October 31 -Jive Pilots (Rock/Funk/Reggae)
MOVIE CLASSICS ON THE CREEK
Creekside Plaza 9:00 p.m.
June 26 The Wizard of Oz
July 24 Breakfast at Tiffany's
August 28 E. T. The Extra Terrestrial
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation.
ROTARY FAMILY SERIES
Tuesdays at Creekside Plaza
6:30 - 8:30 p.m., June - September
The Shaw Brothers 1st Tuesday of each month
Rendition 2nd Tuesday of each month
The Zen Blues Band 3rd Tuesday of each month
Rockbridge Crossing 4th Tuesday of each month
Soul Satyr 5th Tuesday of each month
MUSIC IN THE PARK
Fridays at Friendship Park
7:00-9:00 p.m., June-September
June 12 -General Guinness Band (Irish)
June 19-21 - Creekside Blues and Jazz Festival
June 26 -Hat Trick (Acoustic Hits)
July 3 -The Words (2008 TeenFest Winner)
July 10 -Soul Kitch'n (Funk and Soul)
July 17 -Mousetrap (Radio Disney Covers)
July 24 -Gas Pump Jockeys (Oldies)
July 31 -Paradise Island (Dance Hits)
August 7 -The Lords of Literature (Classic Rock)
August 14 -John Schwab Band (Party Variety)
August 21 -Controversy (Party Variety)
CONCERTS ON THE CREEK
Saturdays at Creekside Plaza
8:00-10:00 p.m. June-July
7:00-9:00 p.m. August 15-October
June 13 -The Reaganomics ('80's Band)
June 19-21 -Creekside Blues and Jazz Festival)
June 27 -Homeland (Irish)
July 4 -Gahanna Freedom Festival-Gahanna Municipal Golf Course
.
July 11 -Mojo Theory (Blues)
July 18 -Chris Logsdon (Acoustic Rock)
July 25 -British Invasion (British '60's and '70's)
August 1 -Tim Omark & Southern Justice (Country)
August 8 -Zen Blues Band (Blues)
August 15 -JuJu Bees Blues Band (Blues)
August 22 -Conspiracy (Party Band)
August 29 -DEJAVU (Latin)
September 5 -Agent 99 (Rock)
September 12 -Blues at Last (Blues)
September 19 -Michael Rose (Solid Gold Oldies/Elvis)
September 26 -Andy Shaw (Rock/Blues)
October 3 -On The Beach (Alternative)
October 10 -Bill Foley (Best of '50's, '60's, & '70's)
October 17 -Northwest Territory (Bluegrass)
October 24 -The Floorwalkers (Blues/Soul/Rock & Roll)
October 31 -Jive Pilots (Rock/Funk/Reggae)
MOVIE CLASSICS ON THE CREEK
Creekside Plaza 9:00 p.m.
June 26 The Wizard of Oz
July 24 Breakfast at Tiffany's
August 28 E. T. The Extra Terrestrial
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation.
Dianne Garrett: Series schedule for Whitehall Music in the Park.
.
Whitehall Music In the Park Events
All shows begin at 6 p.m. at the John LaCorte Amphitheater in John Bishop Park.
June 13 These Guys Live (Rock and Roll)
June 27 Trombones Plus (Pop and Jazz Standards)
July 11 Michael Rose Entertainment (Elvis, Sinatra, Wayne Newton)
July 25 Buckeye Brass (OSU Favorites)
August 8 Abraxas (Blues/Rock)
August 22 Minor League (Classic Rock)
August 4 National Night Out/Family Fun Day
John Bishop Park at John LaCorte Amphitheater
5 p.m. - 9 p.m.
City Council meeting at the park at 6:30 p.m.
Entertainment will be These Guys Live at 7 p.m.
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation.
Whitehall Music In the Park Events
All shows begin at 6 p.m. at the John LaCorte Amphitheater in John Bishop Park.
June 13 These Guys Live (Rock and Roll)
June 27 Trombones Plus (Pop and Jazz Standards)
July 11 Michael Rose Entertainment (Elvis, Sinatra, Wayne Newton)
July 25 Buckeye Brass (OSU Favorites)
August 8 Abraxas (Blues/Rock)
August 22 Minor League (Classic Rock)
August 4 National Night Out/Family Fun Day
John Bishop Park at John LaCorte Amphitheater
5 p.m. - 9 p.m.
City Council meeting at the park at 6:30 p.m.
Entertainment will be These Guys Live at 7 p.m.
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation.
Friday, June 5, 2009
John Matuszak reports: Door hasn't closed on Gateway abatement
Bexley Gateway developer Larry Ruben has scaled back his tax abatement request for 36 Main Street condos, in a compromise presented to City Council's finance committee June 2.
Some council members are unsure how such a move would affect future development in the city, and residents are concerned about the school district and city losing tax revenue.
Council members have tabled the ordinance that would amend the current 50 percent property tax abatement on the residential units to 100 percent for 14 years. The change would not alter the abatement on the commercial and office spaces.
Ruben requested the amendment in the face of a free-falling real estate market that has allowed him to sell only three of the 36 condos.
After hearing opposition from some residents, and hestitation on the part of council, Ruben suggested an abatement that would decrease over time, averaging 70 percent over the life of the agreement.
Under this plan, buyers would get a 50 percent abatement this year. The 100 percent abatement would be in effect the following five years, decreasing to 75 percent for four years, 50 percent for three years and to 25 percent for the final two years.
In an impassioned address to council, Ruben refuted claims that the abatement is about rescuing him from a bad business climate.
"Focus on the project and not Larry Ruben," he told council, pointing out that he is reconciled to taking a personal loss on the $24 million development. "This is not about lining my pockets. You're not going to bail me out."
Ruben said that he wants to get people into the condos - including his own mother, a Berwick resident - as quickly as possible, bringing in income and estate tax revenue to Bexley.
Councilman Ben Kessler pointed out that the proposed ordinance would apply to all Main Street residential developments valued over $300,000, and that representatives should draft a policy that is flexible for future developers.
"This is a policy that extends beyond Gateway," Kessler said. "We don't want to tailor-make a policy around Gateway."
Resident Ted Schmidt called the Gateway "a poster child for development" and warned that failing to support the effort would tell future entrepreneurs to "stay away."
Other residents have questioned the fairness of revisiting the abatement when other property owners are struggling.
"How do we address the next property owner on Main Street who has fallen on hard times?" Councilman Jeff McClelland asked.
Bexley resident Emily Turner, who has worked with the Ohio Department of Development, commented that the compromise could create legal and accounting problems. In earlier meetings, Turner had suggested some type of step-down approach to the abatement.
She thinks the compromise would still take too much money away from the school district.
School officials, who have no say on the issue, have been silent on the abatement. City offcials stated that they have discussed the issue with adminstrators and have invited them to attend council debates.
City Attorney Lou Chodosh said he would prepare a fact sheet for council outlining the various scenarios before drafting an ordinance that includes the compromise proposal. The finance committee meets again June 9 at 6 p.m., followed by the regular council meeting at 7 p.m.
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. John Matuszak.
Thursday, June 4, 2009
Bexley Public Radio continues green operations.
Green. The public radio green choice is still WCRX-LP, 102.1 FM. Celebrate the lower energy requirements for LPFM.
Big power blasters like WOSU and WCBE consume lots of energy. These big stations have gluttonous appetites for anthracite.
WOSU alone engorges itself on almost a shovel full of coal every eighteen minutes of broadcast.
Think WOSU. Think coal. Think pollution.
Reflect on WCRX-LP. Visualize low energy use. Know that Bexley Public Radio means responsible stewardship of energy resources.
Bexley Public Radio replaced its office printer yesterday. Our printer choice: HP Officejet Pro.
Up to 50% less energy than laser printers. This statistic is based on comparison to majority of color laser printers priced under $300 as of June 2008.
HP performed the testing based on the EnergyStar program TEC test method criteria. Details available, see www.hp.com/go/officejet.
To know green, think Bexley Public Radio.
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. Bexley Public Radio Editorial Collective.
Big power blasters like WOSU and WCBE consume lots of energy. These big stations have gluttonous appetites for anthracite.
WOSU alone engorges itself on almost a shovel full of coal every eighteen minutes of broadcast.Think WOSU. Think coal. Think pollution.
Reflect on WCRX-LP. Visualize low energy use. Know that Bexley Public Radio means responsible stewardship of energy resources.
Bexley Public Radio replaced its office printer yesterday. Our printer choice: HP Officejet Pro.
Up to 50% less energy than laser printers. This statistic is based on comparison to majority of color laser printers priced under $300 as of June 2008.
HP performed the testing based on the EnergyStar program TEC test method criteria. Details available, see www.hp.com/go/officejet.
To know green, think Bexley Public Radio.
HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.
Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com
Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.
Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. Bexley Public Radio Editorial Collective.
Wednesday, June 3, 2009
Broadcast Restored for Wednesday.
Lightening struck the Bexley broadcast equipment Monday night.
The audio interface at the transmitter shack was damaged and has been replaced.
Chief Engineer Eugene Beer restored broadcast service for 102.1 FM.
Tuesday programming was cancelled. Subject to testing, Wednesday programming will be restored.
Listeners are invited to contribute to the costs of repairs. Send checks and cash to Bexley Public Radio, 2700 E. Main St., Suite 208, Columbus, OH 43209.
For today, Programming will be the usual Eastside News Round Up with John Matuszak and Dianne Garrett.
Voice (614) 235 2929
Email wcrxlp@yahoo.com
The audio interface at the transmitter shack was damaged and has been replaced.
Chief Engineer Eugene Beer restored broadcast service for 102.1 FM.
Tuesday programming was cancelled. Subject to testing, Wednesday programming will be restored.
Listeners are invited to contribute to the costs of repairs. Send checks and cash to Bexley Public Radio, 2700 E. Main St., Suite 208, Columbus, OH 43209.
For today, Programming will be the usual Eastside News Round Up with John Matuszak and Dianne Garrett.
Voice (614) 235 2929
Email wcrxlp@yahoo.com
Tuesday, June 2, 2009
Lightening strikes 102.1 FM
.
.
Lightening struck the Bexley broadcast equipment last night.
The audio interface at the transmitter shack has been affected and possibly damaged.
Chief Engineer Eugene Beer is working to restore broadcast service for 102.1 FM.
TENTATIVE Tuesday program schedule.
Voice (614) 235 2929
Email wcrxlp@yahoo.com
11:00 a.m.
Sign on. Amy Maurer noontime gardener and Old Farmer's Almanac.
11:15 a.m.
Lunch specials from Bexley Monk, Giuseppe's, Johnson's Real Ice Cream, Rusty Bucket, and Scotty's on East Main. Senior Kosher lunch menu from the Jewish Community Center and Lifecare Alliance.
11:20 a.m.
Amy Maurer, noontime gardener continues.
11:40 a.m.
Wall Street update with Frank Ingwersen of Sweney Cartwright and Company.
12:00 noon.
Mel Greenball introduces recordings of speakers at the 2009 International Conference on Climate Change.
1:00 p.m.
Sign off.
.
Lightening struck the Bexley broadcast equipment last night.
The audio interface at the transmitter shack has been affected and possibly damaged.
Chief Engineer Eugene Beer is working to restore broadcast service for 102.1 FM.
TENTATIVE Tuesday program schedule.
Voice (614) 235 2929
Email wcrxlp@yahoo.com
11:00 a.m.
Sign on. Amy Maurer noontime gardener and Old Farmer's Almanac.
11:15 a.m.
Lunch specials from Bexley Monk, Giuseppe's, Johnson's Real Ice Cream, Rusty Bucket, and Scotty's on East Main. Senior Kosher lunch menu from the Jewish Community Center and Lifecare Alliance.
11:20 a.m.
Amy Maurer, noontime gardener continues.
11:40 a.m.
Wall Street update with Frank Ingwersen of Sweney Cartwright and Company.
12:00 noon.
Mel Greenball introduces recordings of speakers at the 2009 International Conference on Climate Change.
1:00 p.m.
Sign off.
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