Sometime between June 13-18 going back 8 years Republic has gone X-dividend. It has always been on a Wednesday or Thursday. Last year it was Wednesday June 13 and I would guess this year it will be Thursday June 13. This quarter is the yearly increase and they have increased the quarterly payout as follows starting in 2007: 11 cents, 12.1 cents, 13.2, 14.3, 15.4, 16.5 cents. Carrying this pattern forward would mean 17.6 cents for 2013. Last year the declaration date was May 16; therefore, I would think they will announce the new dividend in about 10 days for 17.6 cents per quarter.