Business
Magellan Aerospace announces commencement of quarterly dividend
MISSISSAUGA, ON, Aug. 8, 2013 /CNW/ - Magellan Aerospace Corporation ("Magellan Aerospace...
About this update from Magellan Aerospace Corporation
[{"type":"text","content":"\n\n\nMISSISSAUGA, ON, Aug. 8, 2013 /CNW/ - Magellan Aerospace Corporation\n (\"Magellan Aerospace\") (TSX:MAL) announces that its Board of Directors\n has declared an initial quarterly cash dividend on its common shares of\n $0.03 (three cents) per common share. The dividend will be payable\n September 30, 2013 to shareholders of record at the close of business\n on September 12, 2013.\n\n\nThis is the first dividend paid by Magellan Aerospace on its common\n shares and is reflective of the Board of Directors confidence in\n Magellan's current business operations.\n\n\nMagellan Aerospace is a global, integrated aerospace company that\n provides complex assemblies and systems solutions to aircraft and\n engine manufacturers, and defence and space agencies worldwide.\n Magellan designs, engineers, and manufactures aeroengine and\n aerostructure assemblies and components for aerospace markets, advanced\n products for military and space markets, industrial power generation,\n and specialty products. Magellan is a public company whose shares trade\n on the Toronto Stock Exchange (TSX: MAL), with operating units\n throughout Canada, the United States, the United Kingdom, India, and\n Poland.\n\nSOURCE: Magellan Aerospace Corporation\n\n\n John Dekker Chief Financial Officer and Corporate Secretary Magellan Aerospace Corporation T: +1 905 677 1889 Ext 224 E: [email protected] Copyright CNW Group 2013","length":2185,"tagName":"div"}]