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Algoma Central Corp T.ALC

Alternate Symbol(s):  AGMJF

Industrials
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 producers, cement and building material producers, salt producers and agricultural product distributors. The Product Tankers segment fleet consist of seven product tankers employed in Canadian flag service and one international tanker operating in Canada. Its Ocean Self-Unloaders segment consists of eight ocean-going self-unloading vessels and a 25% interest in a ninth selfunloader. Its Global Short Sea Shipping segment, which consists of the Company's NovaAlgoma joint ventures, focuses on niche marine transportation markets featuring specialized equipment or services.


TSX:ALC - Post by User

Algoma Central Corp
Bullboard Posts
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Comment by rustybladeson Nov 11, 2020 5:24pm
179 Views
Post# 31881746

RE:RE:RE:RE:Q3-20 Earnings WEDS.

RE:RE:RE:RE:Q3-20 Earnings WEDS.Their recent pattern has been a dividend increase every six months, The December dividend is only the second payment at .13. If the pattern holds we may see an increase for the March payment.

dangood wrote: I was hoping for an increase in dividends or at least a resumption of the normal course issuer bid. So I am disappointed. But the good news is there will be a longer season on the great lakes. Best of luck to shareholders.


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