Aecon announces increase in annual dividend

Aecon Group Inc. (TSX: ARE) today reported results for the fourth quarter and full year 2016, concluding a year that saw revenue and new awards reach record levels while making solid progress in profitability on a like-for-like basis. Aecon’s Board of Directors approved an increase in the annual dividend to 50 cents per share from 46 cents per share to be paid in four quarterly payments of 12.5 cents per share (from 11.5 cents per share).  The first increased quarterly payment will be paid on April 3, 2017 to shareholders of record on March 24, 2017.

SOURCE Aecon Group Inc.