Macquarie Infrastructure (MIC) Raises Quarterly Dividend 4.2% to $1.25; 6.6% Yield

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Go back to Macquarie Infrastructure (MIC) Raises Quarterly Dividend 4.2% to $1.25; 6.6% Yield

Macquarie Infrastructure Corporation Reports Second Quarter 2016 Financial Results, Increased Dividend

August 1, 2016 5:15 PM EDT

Net income increases to $21.1 million from net loss of $63.5 million Proportionately Combined Free Cash Flow increases 8.8% to $126.3 million Weighted average shares outstanding increases 1.4% to 80,369,575 Quarterly cash dividend of $1.25 per share, up 12.6%, authorized Backlog of growth projects increases with approval of BEC expansion

NEW YORK--(BUSINESS WIRE)-- Macquarie Infrastructure Corporation (NYSE: MIC) reported its financial results for the second quarter of 2016 including net income of $21.1 million versus a net loss of $63.5 million... More