TORONTO, May 10, 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 June 30, 2016, to
stockholders of record at the close of business on June 10, 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
