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Article: Florida East Coast Industries Announces Quarterly Dividend Increase.
- Article from:
- PR Newswire
- Article date:
- June 1, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ST. AUGUSTINE, Fla., June 1 /PRNewswire-FirstCall/ -- Florida East Coast Industries, Inc. (FECI) today announced that its Board of Directors has declared a $0.07 per share quarterly cash dividend on its common stock, a 17% increase over the last quarterly dividend. The dividend is payable on June 29, 2006, to shareholders of record on June 15, 2006.
Adolfo Henriques, Chairman, President and Chief Executive Officer of Florida East Coast Industries, stated: "FECI has increased its quarterly dividend consecutively over the past four years from $0.025 per share to $0.07 per share, reflecting the Company's strong financial performance and commitment to enhancing ...