Macquarie Infrastructure (MIC) Reports Q4 EPS of $4.13

Go back to Macquarie Infrastructure (MIC) Reports Q4 EPS of $4.13

MIC Reports 2017 Financial Results, Increase In Quarterly Dividend

February 21, 2018 5:15 PM EST

NEW YORK, Feb. 21, 2018 /PRNewswire/ -- Macquarie Infrastructure Corporation (NYSE: MIC) today reported financial results for full year 2017 that included growth investments of more than $625.0 million and a cash dividend of $1.44 per share for the fourth quarter.

"The performance of our businesses in the fourth quarter and the full year 2017 resulted in year over year growth in cash generation of 8.2%, including the impact of a 2.9% increase in the weighted number of shares outstanding," said Christopher Frost, chief executive officer of MIC. "Effective deployment of a substantial amount of growth capital... More