Macquarie Infrastructure (MIC) to Acquire Remaining IMTT Stake in $1.03B Deal

Go back to Macquarie Infrastructure (MIC) to Acquire Remaining IMTT Stake in $1.03B Deal

Macquarie Infrastructure (MIC) Price Target Raised at Wells Fargo

July 8, 2014 10:24 AM EDT

Wells Fargo reiterated an Outperform rating on Macquarie Infrastructure (NYSE: MIC) and raised its price target to $62-$68 (from $59-$65). Yesterday it entered into an agreement to acquire the 50% of International-Matex Tank Terminals it does not currently own. Analyst Brendan Maiorana noted core... More

Macquarie Infrastructure (MIC) Raises Quarterly Dividend 1.3% to $0.95; 6.2% Yield

July 7, 2014 4:22 PM EDT

Macquarie Infrastructure (NYSE: MIC) declared a quarterly dividend of $0.95 per share, or $3.8 annualized. This is a 1.3% increase from the prior dividend of $0.9375.

The dividend will be payable on August 14, 2014, to stockholders of record on August 11, 2014, with an ex-dividend date of August 7,... More