The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from CNW Group

Algoma Central Corporation Dividend Announcement

Thursday, January 17, 2013

Algoma Central Corporation Dividend Announcement12:52 EST Thursday, January 17, 2013ALC-TTORONTO, Jan. 17, 2013 /CNW/ - Algoma Central Corporation is pleased to announce that the Board of Directors of the Corporation has authorized payment of a quarterly dividend to shareholders of $0.07 per common share. The dividend is payable on March 1, 2013 to shareholders of record on February 15, 2013. This dividend represents a 17% increase of $0.01 per share to the post split quartertly dividend of $0.06 paid by the Corporation in December 2012.SOURCE: Algoma Central CorporationFor further information: Greg D. Wight, FCA President and Chief Executive Officer  905-687-7850   Peter D. Winkley, CA  Vice President, Finance and Chief Financial Officer     905-687-7897