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Exco Technologies Limited - Results for First Quarter Ended December 31, 2015, Dividend Raised 17%
Exco Technologies Limited - Results for First Quarter Ended December 31, 2015, Dividend Ra...
About this update from Exco Technologies Limited
[{"type":"text","content":"\n\n\n\nExco Technologies Limited - Results for First Quarter Ended December 31, 2015, Dividend Raised 17%\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen5{\nBORDER-BOTTOM:1pt; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:1pt; BORDER-RIGHT:1pt\n}\n.prngen4{\nBORDER-BOTTOM:black 1pt solid; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:1pt; BORDER-RIGHT:1pt\n}\n.prngen2{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:1pt; BORDER-RIGHT:1pt\n}\n.prngen6{\nBORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:1pt; BORDER-RIGHT:1pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbr1{\nBORDER-RIGHT:1pt\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbl1{\nBORDER-LEFT:1pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prntblns{\nBORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbt1{\nBORDER-TOP:1pt\n}\n.prnsbbs{\nBORDER-BOTTOM:black 1pt solid\n}\n\n\n\n\n\n\nExco Technologies Limited - Results for First Quarter Ended December 31, 2015, Dividend Raised 17%\nCanada NewsWire\nTORONTO, Feb. 3, 2016\n\n\n\n\nSales up 9% in the quarter \nNet Income up 23% in the quarter \nQuarterly dividend raised 17% to $0.07 per common share \nEBITDA up 24% to $21 million in the quarter \nNet cash position increased to $31 million at quarter end\n\n\nTORONTO, Feb. 3, 2016 /CNW/ - Exco Technologies Limited (TSX-XTC) today announced results for its first quarter ended December 31, 2015. In addition, the Company increased its quarterly dividend by 17% to $0.07 per common share which will be paid on March 30, 2016 to shareholders of record on March 16, 2016.   The dividend is an \"eligible dividend\" in accordance with the Income Tax Act of Canada.  \n\n\n\n\n\nThree months ended    \n\nDecember 31\n\n\n\n(in $ thousands exc...