Lighthouse Bank grants dividend
Lighthouse Bank on Friday declared a 5 percent stock dividend on common shares outstanding. Dividend shares will be distributed March 8 to owners of record as of Feb. 22 and issued in the form of additional shares.
The dividend was approved by bank directors in light of the company's 2012 financial performance, with after-tax profits of $1.8 million.
This is the second stock dividend issued by the 5-year-old locally owned bank, following a 10 percent stock dividend granted in 2011. According to Wedbush Securities, Lighthouse Bank's 2011 stock dividend was the first to be granted by a northern or central California Bank since the onset of the financial crisis in 2008.
State to visit local retailers
Retailers in Aptos can expect letters from the California State Board of Equalization notifying them about door-to-door visits from its compliance and outreach teams.
The visits aim to educate retailers about reporting sales and use tax, increase compliance, and assure taxpayers the tax system is fair.
Since 2008, the team has visited more than 353,000 businesses statewide. Nearly 98 percent of the businesses are found to be in compliance.
Social media talk set Tuesday
The Santa Cruz Marketing Roundtable will present a talk by Karen Kefauver, "Top Social Media Trends of 2013: Focus on Mobile," from 11:30 a.m. to 1 p.m. Tuesday at DeLaveaga Golf Course Lodge, 401 Upper Park Road.
She will cover strategies to promote via mobile devices, Facebook on mobile, and how to optimize your Facebook page for mobile.
Attendance is limited to 50. The cost is $20 and includes lunch. For information, go to http://meetup.com/marketingroundtable or call 831-531-7771.