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Local Business headlines

Cincinnati Financial declares dividend

Staff Reports

Tuesday, August 19, 2008

FAIRFIELD — Cincinnati Financial's board of directors has declared a cash dividend of 39 cents per share payable Oct. 15 to shareholders of record as of Sept. 19.

The current dividend level reflects the 9.9 percent increase in the quarterly dividend rate announced by the board in February.

It is the 48th consecutive increase in the annual cash dividend.

Cincinnati Financial offers property and casualty insurance through three companies: The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company.McNeill to discuss hospital site plans

MIDDLETOWN — Atrium Medical Center President and CEO Doug McNeill will discuss plans for the old Middletown Regional Hospital site with The Highlands Historic District at their meeting at 7 p.m. on Wednesday, Aug. 20, at the Church of Ascension.

Refreshments will be provided. For more information, e-mail Sylvia Combs at scomb2@cinci.rr.com.

Cincinnati Bell renews Convergys agreement

CINCINNATI — Cincinnati Bell has renewed its contract with Convergys Inc. for five years, with two one-year renewal options.

Convergys provides Cincinnati Bell with processing services, including usage management and billing, as well as wireline and wireless application development and maintenance services.

Cincinnati Bell has held a contract with Convergys for 10 years, company officials said.

The two companies have had a contractual relationship for 10 years, according to a news release.

Convergys offers customer care, human resources and billing services to businesses worldwide.

— Compiled by staff writer Jessica Heffner

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