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flag Magellan Aerospace Co. announces $0.03 per share dividend, payable Dec. 31, with ex-date on Dec. 17.

flag Magellan Aerospace Co. announced a quarterly dividend of $0.03 per share, payable to shareholders on December 31. flag The ex-dividend date is December 17, offering an annualized dividend of $0.10 and a yield of 0.95%. flag The company, which makes aerospace components, saw TD Securities raise its target price from C$17.00 to C$18.00 and maintain a "buy" rating.

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