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The increase in our dividend is a direct result of our ability to grow the long-term, sustainable cash flow of the company. Paying a reliable and attractive dividend to our shareholders is one of the most direct and transparent means we have of delivering shareholder value.
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Although our earnings were down compared to last year, first quarter results from most businesses exceeded our expectations. Overall current market conditions remain very good, and we are optimistic that 2006 will be another solid year for the company.
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