DIVI increase. MAGELLAN AEROSPACE ANNOUNCES INCREASED QUARTERLY DIVIDEND
Magellan Aerospace Corp. has declared a quarterly cash dividend of 10.5 cents per share on the corporation's common shares, a 5-per-cent increase in the rate of the corporation's quarterly dividend from the dividend paid in the third quarter of 2019. This increase in the dividend rate is the sixth consecutive year of dividend increase since 2013, when the corporation paid its first dividend. The dividend is payable on Dec. 31, 2019, to stockholders of record at the close of business on Dec. 17, 2019.