Maxim Power (TSE:MXG) has released an update.
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Maxim Power Corp. has declared a special dividend of $0.50 per share, reflecting strong financial results for the third quarter of 2024. The company reported a significant increase in revenue and net income compared to last year, driven by ongoing operations and reduced capital spending. Investors may find the improved financial performance and strategic financial adjustments, including amendments to credit facilities, particularly noteworthy.
For further insights into TSE:MXG stock, check out TipRanks’ Stock Analysis page.