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The Board of Directors of Air Products today increased the quarterly dividend on the company's common stock to 86 cents per share from 81 cents, representing a six percent increase. The dividend is payable on May 9, 2016 to shareholders of record at the close of business on April 1, 2016. This marks the 34th consecutive year that Air Products has increased its dividend payment.

Xenia Hotels & Resorts today announced that its Board of Directors has increased the Company's cash dividend to $0.275 per share of Xenia's common stock for the first quarter of 2016. The dividend will be paid on April 15, 2016 to all holders of record of the Company's common stock as of the close of business on March 31, 2016.

The Board of Directors of Independent Bank, parent of Rockland Trust Company, today announced a $0.29 per share dividend which will be payable on April 8, 2016, to stockholders of record as of the close of business on March 28, 2016.

Acadia Realty Trust today announced that its Board of Trustees has declared a cash dividend of $0.25 per Common Share for the quarter ended March 31, 2016, payable on April 15, 2016 to holders of record as of March 31, 2016.

Drew Industries, a leading supplier of components for recreational vehicles and adjacent industries, today announced that its Board of Directors approved a regular quarterly cash dividend of $0.30 per share of common stock. The dividend is payable on April 15, 2016, to stockholders of record at the close of business on April 1, 2016.

For MarketNewsVideo.com, I'm Sayoko Murase.