Algoma central corporation announces a 5% increase in quarterly dividend

St. catharines, ontario--(business wire)-- #yourmarinecarrierofchoice--algoma central corporation (“algoma” or “the company”) (tsx: alc), a leading provider of marine transportation services, today announced that the company's board of directors authorized payment of a quarterly dividend to shareholders of $0.20 per common share. the dividend is payable on march 3, 2025 to shareholders of record on february 14, 2025. this $0.20 common share dividend represents a 5% increase from the $0.19 per share dividend paid on decembe.
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