TORONTO, Jan. 17, 2013 /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 $0.07 per common share. The dividend is payable on March 1, 2013 to shareholders of record on February 15, 2013. This dividend represents a 17% increase of $0.01 per share to the post split quartertly dividend of $0.06 paid by the Corporation in December 2012.
SOURCE: Algoma Central Corporation
For further information:
Greg D. Wight, FCA
President and Chief Executive Officer
Peter D. Winkley, CA
Vice President, Finance and Chief Financial Officer