Macquarie Infrastructure (MIC) Raises Quarterly Dividend 0.8% to $1.32; 6.6% Yield

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Go back to Macquarie Infrastructure (MIC) Raises Quarterly Dividend 0.8% to $1.32; 6.6% Yield

MIC Reports First Quarter 2017 Financial Results, Increases Quarterly Cash Dividend

May 3, 2017 5:15 PM EDT

NEW YORK, May 3, 2017 /PRNewswire/ -- Macquarie Infrastructure Corporation (NYSE: MIC) today reported its financial results for the first quarter of 2017.

"MIC generated financial results for the first quarter in line with our expectations including a strong performance by Atlantic Aviation that offset a reduced contribution from Contracted Power," said James Hooke, chief executive officer of MIC. "In addition to the solid increase in cash generation by our existing businesses collectively, we have deployed growth capital into attractive opportunities at a pace consistent with our full-year... More