House and HomeHouse and Home
Thu, January 19, 2012
[ Thu, Jan 19th 2012 ] - Market Wire
Automodular Announces Dividend

Automodular Announces Dividend


Published on 2012-01-19 11:40:56 - Market Wire
  Print publication without navigation


January 19, 2012 14:31 ET

Automodular Announces Dividend

AJAX, ONTARIO--(Marketwire - Jan. 19, 2012) - Following a review of its dividend policy, the Board of Directors of Automodular Corporation (TSX:AM) ("Automodular" or "the Company") has increased the Company's regular quarterly dividend to $0.06 per quarter from the previous rate of $0.05 per quarter, effective immediately.

The Board of Directors has declared a $0.06 regular quarterly dividend payable February 23, 2012 to shareholders of record February 9, 2012.

Automodular Corporation is a supplier of sub-assembly, sequencing and transportation services to the automotive industry - Ford's Oakville Assembly Plant - and the renewable energy industry - Vestas Nacelles A/S. The Company has three operating facilities and employs approximately 525 people.