Edition:
United States

Macquarie Infrastructure Corp (MIC.N)

MIC.N on New York Stock Exchange

78.37USD
26 May 2017
Change (% chg)

$-0.03 (-0.04%)
Prev Close
$78.40
Open
$78.46
Day's High
$78.58
Day's Low
$78.22
Volume
299,436
Avg. Vol
157,669
52-wk High
$85.43
52-wk Low
$68.56

Latest Key Developments (Source: Significant Developments)

MIC authorizes cash dividend of $1.32 per share
Wednesday, 3 May 2017 05:15pm EDT 

May 3 (Reuters) - Macquarie Infrastructure Corp ::Mic reports first quarter 2017 financial results, increases quarterly cash dividend.Macquarie Infrastructure Corp - authorizes cash dividend of $1.32 per share.Macquarie Infrastructure Corp - authorizes cash dividend of $1.32 per share, up 10%.Macquarie Infrastructure Corp - qtrly net income per share attributable to MIC $ 0.44.Macquarie Infrastructure Corp - MIC had a backlog of approved growth projects having a total value of approximately $280.0 million at beginning of may.Q1 earnings per share view $0.51 -- Thomson Reuters I/B/E/S.Macquarie Infrastructure Corp - qtrly total revenue $451.5 million versus $396.4 million.Q1 earnings per share view $0.51, revenue view $412.4 million -- Thomson Reuters I/B/E/S.  Full Article

Macquarie Infrastructure Corp aanounces conversion ratio adjustment to convertible notes
Friday, 3 Mar 2017 05:15pm EST 

Macquarie Infrastructure Corp : Macquarie Infrastructure Corporation announces conversion ratio adjustment to convertible notes due 2019 . Macquarie Infrastructure Corp- adjustment to conversion ratio applicable to its 2.875pct convertible senior notes due 2019 .Macquarie Infrastructure - conversion ratio for notes increased to 12.1717 shares of common stock per $1000 principal amount effective March 1, 2017.  Full Article

Mic reports qtrly earnings per share $0.89
Tuesday, 21 Feb 2017 05:18pm EST 

Macquarie Infrastructure Corp : MIC reports 2016 financial results in line with guidance, increases dividend . Macquarie Infrastructure Corp - expects dividend increase of 10% in 2017 . Macquarie Infrastructure Corp - reaffirms 2017/2018 guidance . Positioned to potentially exceed growth capital deployment target of $350.0 million in 2017 .Qtrly earnings per share $0.89.  Full Article

Macquarie Infrastructure issues initial guidance for financial performance over 2017/2018
Friday, 3 Feb 2017 11:08am EST 

Macquarie Infrastructure Corporation : MIC issues initial guidance for financial performance over 2017/2018 .Expects that free cash flow per share will increase by an average of between 10% and 15% per year for 2017 and 2018.  Full Article

Macquarie Infrastructure announces secondary public offering of 2.87 mln shares
Thursday, 3 Nov 2016 04:29pm EDT 

Macquarie Infrastructure Corp : Macquarie Infrastructure Corporation announces secondary public offering of common stock .Says secondary offering of 2.87 million common shares.  Full Article

Macquarie Infrastructure posts Q3 income per share $0.51
Tuesday, 1 Nov 2016 06:14pm EDT 

Macquarie Infrastructure Corp : Qtrly total revenue $420.52 million versus $415.71 million . Qtrly diluted income per share $0.51 .Says “for the full year we now expect total growth capital expenditures to be approximately $300.0 million".  Full Article

Macquarie announces pricing of public offering of $350 mln of convertible senior notes
Friday, 7 Oct 2016 08:00am EDT 

Macquarie Infrastructure Corp : Says pricing of $350.0 million of convertible senior notes due 2023 . Announces pricing of public offering of $350 million of convertible senior notes .Size of offering was increased from $325.0 million to $350.0 million.  Full Article

Macquarie Infrastructure announces public offering of $325 million of convertible senior notes
Wednesday, 5 Oct 2016 04:15pm EDT 

Macquarie Infrastructure Corp : Macquarie Infrastructure Corporation announces public offering of $325 million of convertible senior notes .Macquarie infrastructure corp says underwritten public offering of $325.0 million of convertible senior notes due 2023.  Full Article

Macquarie Infrastructure qtrly total revenue $397.6 mln vs $423.7 mln
Monday, 1 Aug 2016 05:15pm EDT 

Macquarie Infrastructure Corp : Macquarie infrastructure corporation reports second quarter 2016 financial results, increased dividend . Says board of directors has authorized a cash dividend of $1.25 per share, or $5.00 annualized, for q2 of 2016 . Qtrly earnings per share $0.24 . Says qtrly dividend cash payment represents a 12.6% increase over dividend paid for q2 of 2015 . Remains on target to deliver previously announced increase in its 2016 dividend to between $5.00 and $5.10 per share .Qtrly total revenue $397.6 million versus $423.7 million.  Full Article

Macquarie Infrastructure announces conversion ratio adjustment to convertible notes due 2019
Thursday, 14 Jul 2016 09:24pm EDT 

Macquarie Infrastructure : Macquarie Infrastructure Corp says adjustment to conversion ratio applicable to its 2.875% convertible senior notes due 2019 .Conversion ratio for notes increased to 12.0091 shares of common stock per $1000 principal amount effective july 15, 2016.  Full Article

More From Around the Web

BRIEF-MIC authorizes cash dividend of $1.32 per share

* Mic reports first quarter 2017 financial results, increases quarterly cash dividend