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December 23, 1990
The Rouse Company of Columbia announced last month that its board of directors approved payment of the company's regular quarterly cash dividend.The rate is $.15 per common share, payable on Dec. 21, 1990, to shareholders of record on Dec. 14, 1990.As in 1989, the company anticipates that the entire amount of the dividend to be paid in 1990 will be a return of capital distribution and, as such, not taxable to most shareholders.
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BUSINESS
By Eileen Ambrose, The Baltimore Sun | December 12, 2012
Legg Mason Inc. announced Wednesday that it would accelerate a quarterly dividend that was to be paid out in January. The cash dividend of 11 cents per share will be paid out on Dec. 28, instead of Jan. 7. The Baltimore-based investment company becomes the latest to rush to make dividend payments before the end of the year, while the tax rate on this income is still 15 percent. Unless a deal is reached between Congress and the White House, dividend income next year will once more be taxed as regular income, which could be as high as 39.6 percent.
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BUSINESS
By Bill Atkinson and Bill Atkinson,SUN STAFF | May 5, 1999
First Mariner Bancorp, which is on a blistering growth pace, plans to keep the throttle wide open, the company's top executive said yesterday."We are committed to growing the bank," Edwin F. Hale Sr., chairman and chief executive officer of Baltimore-based First Mariner, told shareholders at the company's annual meeting yesterday at the Sparrows Point Country Club."
BUSINESS
By Eileen Ambrose, The Baltimore Sun | December 7, 2012
Baltimore-based T. Rowe Price announced Thursday it will pay a special cash dividend before the end of the year, joining other companies that are declaring extra dividends in case taxes go up in 2013. Price will pay $1 per share on Dec. 28th to shareholders of record as Dec. 17 t h for a total payout of about $255 million. The Bush-era tax cuts are expected to expire at the end of the year. If the White House and Congress can't work out a compromise, dividend income will once more be taxed at ordinary income tax rates, which could be as high as 39.6 percent.
NEWS
March 10, 1991
Carroll D. Myers, president and chief executive officer for Taneytown Bank and Trust Co., announced that the board of directors has approved a cash dividend for the first quarter of 1991.A dividend of 14 cents per share will be paid April 2 to stockholders of record on March 15. The dividend reflects an increase of 5.3 percent over the same period for 1990.
NEWS
June 1, 1995
Annapolis Bancshares declares dividendAnnapolis Bancshares Inc., parent company of Bank of Annapolis, has declared a first-quarter cash dividend on common stock of 5 cents a share payable to shareholders of record as of March 31, 1995.Information: 266-3000.Severn Bancorp raises quarterly dividendSevern Bancorp Inc., holding company for Severn Savings Bank, FSB, has increased its quarterly cash dividend on common stock from 4 1/2 cents to 5 cents a share, payable to shareholders of record as of March 31.Information: 841-6925.
NEWS
December 20, 1998
F&M Bancorp announces quarterly cash dividendThe board of directors of F & M Bancorp has declared a quarterly cash dividend of 27 cents per share, payable Feb. 1 to shareholders of record Jan. 7.The dividend is an 8 percent increase over the quarterly payment that had been in effect since January 1998. The company paid a 5 percent stock dividend in July.F & M Bancorp's new annualized dividend yield is 3.42 percent, based on the closing price of $31.625 as of Dec. 14.Total assets for F & M Bancorp and Monocacy Bancshares totaled $1.41 billion as of Sept.
BUSINESS
By Eileen Ambrose, The Baltimore Sun | December 7, 2012
Baltimore-based T. Rowe Price announced Thursday it will pay a special cash dividend before the end of the year, joining other companies that are declaring extra dividends in case taxes go up in 2013. Price will pay $1 per share on Dec. 28th to shareholders of record as Dec. 17 t h for a total payout of about $255 million. The Bush-era tax cuts are expected to expire at the end of the year. If the White House and Congress can't work out a compromise, dividend income will once more be taxed at ordinary income tax rates, which could be as high as 39.6 percent.
BUSINESS
By Eileen Ambrose, The Baltimore Sun | December 12, 2012
Legg Mason Inc. announced Wednesday that it would accelerate a quarterly dividend that was to be paid out in January. The cash dividend of 11 cents per share will be paid out on Dec. 28, instead of Jan. 7. The Baltimore-based investment company becomes the latest to rush to make dividend payments before the end of the year, while the tax rate on this income is still 15 percent. Unless a deal is reached between Congress and the White House, dividend income next year will once more be taxed as regular income, which could be as high as 39.6 percent.
NEWS
December 26, 1999
Women's Business Institute offers several classesThe Women's Business Institute is offering educational programs and classes this winter.* Intro to the Internet will be held from 1 p.m. to 4 p.m. or 5:30 p.m. to 8:30 p.m. Jan. 11 in the institute's computer lab at the Taneytown office. Cost is $35 and must be paid in advance.* Conflict Resolution workshop will be held from 7 p.m. to 9 p.m. Jan. 13 at the instutute with Diane Wirth ot "The Solution Works." Participants can increase communication skills and resolve conflicts.
NEWS
February 2, 2003
County chamber plans business meetings The Carroll County Chamber of Commerce has announced its monthly meetings. A general membership luncheon will be held at noon Feb. 13 at Best Western Catering & Conference Center on WMC Drive in Westminster. Michael D. Maring, bureau chief of the Carroll County Department of Permits and Inspections and code official, will discuss how his office evaluates businesses to determine compliance with federal accessibility guidelines. The cost is $18 and deadline for reservations is Thursday.
BUSINESS
By Dan Thanh Dang and Dan Thanh Dang,SUN STAFF | December 6, 2002
In its continuing effort to reduce debt, the board of directors at cash-strapped Allegheny Energy Inc. voted yesterday to suspend the company's cash dividend on its common stock to save about $54 million in the current fourth quarter. It is unclear whether the board will keep the dividend on hold in the first quarter next year, but it did say two months ago that Allegheny intended to reduce or suspend its current $1.72 annual dividend through at least the fourth quarter 2003. Directors are expected to discuss the status of the dividend payment at each quarterly board meeting.
BUSINESS
By Bill Atkinson and Bill Atkinson,SUN STAFF | July 26, 2000
Legg Mason Inc. is on a roll, but don't tell that to Raymond A. "Chip" Mason, its chairman and chief executive. After the company's annual meeting yesterday, Mason said the Baltimore-based brokerage and asset management concern can't become complacent. "You have got to keep going and as you go along you keep building," he said. "You keep marching, you keep marching." Indeed, Legg Mason has been on the march. Its growth and overall performance have been spectacular, and Mason beamed yesterday as he listed the accomplishments for about 100 shareholders and company executives who attended the meeting, which was held at the Center Club downtown.
NEWS
December 26, 1999
Women's Business Institute offers several classesThe Women's Business Institute is offering educational programs and classes this winter.* Intro to the Internet will be held from 1 p.m. to 4 p.m. or 5:30 p.m. to 8:30 p.m. Jan. 11 in the institute's computer lab at the Taneytown office. Cost is $35 and must be paid in advance.* Conflict Resolution workshop will be held from 7 p.m. to 9 p.m. Jan. 13 at the instutute with Diane Wirth ot "The Solution Works." Participants can increase communication skills and resolve conflicts.
BUSINESS
By Bill Atkinson and Bill Atkinson,SUN STAFF | May 5, 1999
First Mariner Bancorp, which is on a blistering growth pace, plans to keep the throttle wide open, the company's top executive said yesterday."We are committed to growing the bank," Edwin F. Hale Sr., chairman and chief executive officer of Baltimore-based First Mariner, told shareholders at the company's annual meeting yesterday at the Sparrows Point Country Club."
NEWS
December 20, 1998
F&M Bancorp announces quarterly cash dividendThe board of directors of F & M Bancorp has declared a quarterly cash dividend of 27 cents per share, payable Feb. 1 to shareholders of record Jan. 7.The dividend is an 8 percent increase over the quarterly payment that had been in effect since January 1998. The company paid a 5 percent stock dividend in July.F & M Bancorp's new annualized dividend yield is 3.42 percent, based on the closing price of $31.625 as of Dec. 14.Total assets for F & M Bancorp and Monocacy Bancshares totaled $1.41 billion as of Sept.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | May 25, 1996
Uplifted by record earnings in the initial three months of 1996, troubled developer Interstate General Co. Ltd. Partnership yesterday declared its first quarterly cash dividend in two years.The Charles County development firm, which faces sentencing next month after being convicted of various felony wetlands law violations, will pay shareholders as of June 3 a 6 cents per share dividend on June 13.IGC had not paid a quarterly cash dividend since a 5 cents per unit payout in June 1994.In all, IGC will pay shareholders -- formally called unitholders because of the company's limited partnership status -- a total of $615,400, based on its average number of units outstanding in the first quarter.
BUSINESS
June 16, 1993
Waverly to buy foreign publisherWaverly Inc. in Baltimore has agreed in principle to acquire the companies that make up Editorial Medica Panamericana, a Buenos Aires, Argentina-based publisher of Spanish-language medical books.Financial terms were not disclosed, but the company said the purchase price would be paid with a combination of cash and common stock. The company had sales of $12 million last year.BioWhittaker in Army contractBioWhittaker Inc. in Walkersville received a three-year contract to produce a botulism antitoxin for the U.S. Army.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | May 25, 1996
Uplifted by record earnings in the initial three months of 1996, troubled developer Interstate General Co. Ltd. Partnership yesterday declared its first quarterly cash dividend in two years.The Charles County development firm, which faces sentencing next month after being convicted of various felony wetlands law violations, will pay shareholders as of June 3 a 6 cents per share dividend on June 13.IGC had not paid a quarterly cash dividend since a 5 cents per unit payout in June 1994.In all, IGC will pay shareholders -- formally called unitholders because of the company's limited partnership status -- a total of $615,400, based on its average number of units outstanding in the first quarter.
BUSINESS
August 23, 1995
Realty trust declares dividendMid-Atlantic Realty Trust has declared a 22-cents-per-share dividend on its common stock, payable Sept. 15 to shareholders of record on Aug. 31. The Linthicum-based real estate investment trust attributed the second-quarter dividend to the strong performance of its properties, which include the 550,000-square-foot Harford Mall.Hogan & Hartson recruits fourThe law firm of Hogan & Hartson said yesterday that it has recruited two new partners and two other lawyers to its Baltimore office in a bid to bolster the firm's practice in the financing of public works projects.
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