ONE Gas Inc. Declares Dividend
TULSA — ONE Gas Inc. directors on Tuesday declared a quarterly dividend of 28 cents per share of common stock, payable Aug. 15 to shareholders of record at the close of business Aug. 1. The distribution is in line with the company’s previous announcement that it will pay a total of $1.12 per share in dividends in 2014, with annual dividend growth of 5 percent between 2014 and 2018.
Foreign entrepreneurs helped
Terry Neese, founder of the Institute for Economic Empowerment of Women and AT&T Oklahoma President Steve Hahn will speak Wednesday to participants and mentors who are part of IEEW’s Peace Through Business program. The meeting will be at 3 p.m. in the first-floor conference room at Lakeside Women’s Hospital in Oklahoma City. Program participants are women entrepreneurs from Afghanistan and Rwanda who have been mentored by American business owners and have spent two weeks in intensive leadership training in the United States. This year’s mentors include newspaper publishers, hospital administrators, restaurant owners and marketing professionals in the Oklahoma City metro area. AT&T has said it will donate $125,000 to the program during the event.
First Mortgage launches division
Oklahoma mortgage lender First Mortgage Co. LLC said Tuesday it has created a new division to focus on helping community banks and their customers with their mortgage needs. The new division is led by Kent Carter, the immediate past president of the Oklahoma Mortgage Bankers Association. Under the program, First Mortgage will provide mortgage services to community banks that will take the risk of compliance and associated liability out of the banks hands. Carter, an industry veteran and former president of another local mortgage firm, has nearly 40 years of experience in the mortgage and banking industries. He will be based out of the firm’s Norman office.
Tribe selects Crowe & Dunlevy
Crowe & Dunlevy was recently elected as the Comanche Nation of Oklahoma’s general counsel for the third year. The firm has served the tribe in this capacity since June 2012. Mike McBride III and Walter R. Echo-Hawk Jr. lead the Comanche Nation’s legal team and have helped the business committee, board and various commissions achieve a number of milestones and court victories. “We are honored that the Comanche Nation has again selected Crowe & Dunlevy to be the tribe’s general counsel,” said Crowe & Dunlevy President Kevin Gordon. “The work we have helped the tribe accomplish is a testament to the expertise both Mike and Walter display with their extensive backgrounds in gaming and federal Indian law.”
Southwest Bancorp Inc.
STILLWATER — Southwest Bancorp Inc., parent of BankSNB, on Tuesday reported a second-quarter profit of $6.2 million, or 31 cents a share, up from $3.7 million, or 19 cents a share, in the year-ago quarter. Included in the second quarter of 2014 results is a pre-tax net gain of $4.4 million from the sale of three community bank branches in Anthony, Harper, and Overland Park, Kan. Net income for the six months ended June 30 totaled $9.8 million, or 50 cents per share, compared to $6.8 million, or 34 cents per share, for the same period last year. Southwest announced that its directors approved a quarterly cash dividend of 4 cents per share payable Aug. 15 to shareholders of record as of Aug. 1.
From Staff Reports