Macquarie Infrastructure accelerates Q4 dividend, no dividend anticipated in Q1 Macquarie Infrastructure announced that it will accelerate the payment of its regular Q4 cash dividend of 68.75c per share from March 2013 to December 2012. The accelerated dividend payment is intended by the board to be in lieu of the dividend that would otherwise have been payable in 1Q13; the company does not anticipate paying a dividend in 1Q13. The cash dividend will be payable December 28 to holders of record December 24.
News For MIC From The Last 14 Days
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Macquarie Infrastructure price target raised to $72-$75 from $62-$68 at Wells Fargo Wells Fargo increased its price target on Macquarie Infrastructure as the firm is upbeat on the company's deal to acquire the 50% of International-Matex Tank Terminals it does not currently own. The firm raised its estimates on Macquarie Infrastructure and keeps an Outperform rating on the shares.