MIC Macquarie Infrastructure Compa...

Exchange

NYSE

Sector

Energy

Industry

Oil Refining/Marketing

Market Cap.

2.776B

Inconsistent Dividend History over the past 10 years

MIC has started distributing dividends in the past couple years or has recently suspended their dividend distribution. The reliability of future distributions is unclear.

Figures in USD. Fiscal year ends in December

	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011
Dividend Paid	-	772,336.00	-	42.95M	736,000.00	98.44M	95.99M	-	-	35.70M
divided by
Shares Outstanding	-	-	1.35M	26.93M	28.91M	40.88M	44.94M	45.02M	45.63M	46.02M
Dividend Paid Per Share	-	-	-	1.59	0.03	2.41	2.14	-	-	0.78
Price at Year End	-	-	21.42	23.65	29.13	35.29	3.68	11.98	20.66	27.95
Dividend Yield	-	-	-	6.74%	0.09%	6.82%	58.04%	-	-	2.78%

No History of Stock Buybacks over the past 10 years

We're neutral on this. It's not necessarily good or bad that MIC hasn't initiated a stock buyback.

Figures in USD. Fiscal year ends in December

	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011
Shares Outstanding	-	-	1.35M	26.93M	28.91M	40.88M	44.94M	45.02M	45.63M	46.02M
Stock Bought Back	-	-	-100.00%	-95.00%	-6.86%	-29.28%	-9.04%	-0.17%	-1.34%	-0.85%