{"id":415463,"date":"2021-01-14T17:03:41","date_gmt":"2021-01-14T22:03:41","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=415463"},"modified":"2021-01-14T17:03:41","modified_gmt":"2021-01-14T22:03:41","slug":"algoma-central-corporation-announces-31-increase-in-quarterly-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/algoma-central-corporation-announces-31-increase-in-quarterly-dividend\/","title":{"rendered":"Algoma Central Corporation Announces 31% Increase in Quarterly Dividend"},"content":{"rendered":"

<\/p>\n

Algoma Central Corporation Announces 31% Increase in Quarterly Dividend<\/b><\/p>\n

ST. CATHARINES, Ontario–(BUSINESS WIRE<\/a>)–
\nAlgoma Central Corporation (\u201cAlgoma\u201d or \u201cthe Company\u201d) (TSX: ALC), a leading provider of marine transportation services, today announced that the Company\u2019s Board of Directors authorized payment of a quarterly dividend to shareholders of $0.17 per common share.\n<\/p>\n

\nThis $0.17 per share dividend represents a 31% increase from the $0.13 dividend paid on December 1, 2020 and is payable on March 1, 2021 to shareholders of record on February 15, 2021.\n<\/p>\n

About Algoma Central <\/b><\/p>\n

\nAlgoma owns and operates the largest fleet of dry and liquid bulk carriers operating on the Great Lakes – St. Lawrence Waterway, including self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers. Algoma also owns ocean self-unloading dry-bulk vessels operating in international markets and a 50% interest in NovaAlgoma, which owns and operates a diversified portfolio of dry-bulk fleets serving customers internationally.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210114005915\/en\/<\/a><\/span><\/p>\n

\nGregg A. Ruhl
\n
President & CEO
\n
905-687-7890\n<\/p>\n

\nPeter D. Winkley CPA, CA
\n
Chief Financial Officer
\n
905-687-7897\n<\/p>\n

KEYWORDS:<\/b> North America Canada<\/p>\n

INDUSTRY KEYWORDS:<\/b> Maritime Transport Logistics\/Supply Chain Management Other Transport<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Algoma Central Corporation Announces 31% Increase in Quarterly Dividend ST. CATHARINES, Ontario–(BUSINESS WIRE)– Algoma Central Corporation (\u201cAlgoma\u201d or \u201cthe Company\u201d) (TSX: ALC), a leading provider of marine transportation services, today announced that the Company\u2019s Board of Directors authorized payment of a quarterly dividend to shareholders of $0.17 per common share. This $0.17 per share dividend represents a 31% increase from the $0.13 dividend paid on December 1, 2020 and is payable on March 1, 2021 to shareholders of record on February 15, 2021. About Algoma Central Algoma owns and operates the largest fleet of dry and liquid bulk carriers operating on the Great Lakes – St. Lawrence Waterway, including self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers. Algoma also … <\/p>\n

Continue reading “Algoma Central Corporation Announces 31% Increase in Quarterly Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-415463","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAlgoma Central Corporation Announces 31% Increase in Quarterly Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/algoma-central-corporation-announces-31-increase-in-quarterly-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Algoma Central Corporation Announces 31% Increase in Quarterly Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Algoma Central Corporation Announces 31% Increase in Quarterly Dividend ST. CATHARINES, Ontario–(BUSINESS WIRE)– Algoma Central Corporation (\u201cAlgoma\u201d or \u201cthe Company\u201d) (TSX: ALC), a leading provider of marine transportation services, today announced that the Company\u2019s Board of Directors authorized payment of a quarterly dividend to shareholders of $0.17 per common share. This $0.17 per share dividend represents a 31% increase from the $0.13 dividend paid on December 1, 2020 and is payable on March 1, 2021 to shareholders of record on February 15, 2021. About Algoma Central Algoma owns and operates the largest fleet of dry and liquid bulk carriers operating on the Great Lakes – St. Lawrence Waterway, including self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers. 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