TORONTO, Jan. 23, 2012 /CNW/ - Algoma Central Corporation is pleased to announce that the Board of Directors of the Corporation has authorized payment of a quarterly dividend to shareholders of $0.50 per common share. The dividend is payable on March 1, 2012 to shareholders of record on February 16, 2012. This dividend represents an increase of $0.05 per share to the quartertly dividend paid by the Corporation.
For further information:
|Greg D. Wight, FCA||Peter D. Winkley, CA|
|President and Chief Executive Officer||Vice President, Finance and Chief Financial Officer|