TORONTO, Feb. 23, 2016
/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 March 31, 2016, to stockholders of record at the
close of business on March 11,
2016.
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
