TORONTO,
Nov. 10, 2015 /CNW/ - Magellan
Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced
today that its Board of Directors declared a quarterly cash
dividend of $0.0575 (five and
three-quarter cents) per share on the Corporation's common shares.
The dividend is payable on December 31,
2015, to stockholders of record at the close of business on
December 10, 2015.
About Magellan Aerospace
Magellan Aerospace is a global, integrated
aerospace company that provides complex assemblies and systems
solutions to aircraft and engine manufacturers, and defence and
space agencies worldwide. Magellan designs, engineers, and
manufactures aeroengine and aerostructure assemblies and components
for aerospace markets, advanced products for military and space
markets, industrial power generation, and specialty products.
Magellan is a public company whose shares trade on the Toronto
Stock Exchange (TSX: MAL), with operating units throughout
Canada, the United States, the United Kingdom, India, and Poland.
SOURCE Magellan Aerospace Corporation