Macquarie Infrastructure (MIC) Raises Quarterly Dividend 2.9% to $1.42; 8.1% Yield

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

November 1, 2017 5:00 PM EDT

NEW YORK, Nov. 1, 2017 /PRNewswire/ -- Macquarie Infrastructure Corporation (NYSE: MIC) today reported its financial results for the third quarter of 2017.

"MIC's performance in the third quarter was consistent with the first half of the year with continued strong performance at Atlantic Aviation tempered by modest headwinds at our Contracted Power business," said James Hooke, chief executive officer of MIC. "We successfully completed the acquisitions of Epic Midstream and Orion Jet Center, as anticipated, and we continue to find opportunities to put growth capital to work at a rate that... More