Bullboard - Stock Discussion Forum Algoma Central Corp T.ALC

Alternate Symbol(s): T.ALC.DB.A | AGMJF

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Algoma Central Corporation is a Canada-based marine shipping company. The Company owns and operates a fleet of dry and liquid bulk carriers’, serving markets throughout the Great Lakes St. Lawrence Seaway and internationally. Its Domestic Dry-Bulk segment includes the Company’s 18 Canadian dry-bulk carriers. This segment serves industrial sectors, including iron and steel producers, aggregate... see more

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TSX:ALC - Post Discussion

Algoma Central Corp > 31% INCREASE IN QUARTERLY DIVIDEND

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Post by lifeisgood1010 on Jan 15, 2021 2:31pm

31% INCREASE IN QUARTERLY DIVIDEND

ALgoma keeps on giving.

ALGOMA CENTRAL CORPORATION ANNOUNCES 31% INCREASE IN QUARTERLY DIVIDEND

Algoma Central Corp.'s board of directors authorized payment of a quarterly dividend to shareholders of 17 cents per common share.

This 17-cent-per-share dividend represents a 31-per-cent increase from the 13-cent dividend paid on Dec. 1, 2020, and is payable on March 1, 2021, to shareholders of record on Feb. 15, 2021.

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