Automodular Corporation
TSX : AM

Automodular Corporation

January 19, 2012 14:31 ET

Automodular Announces Dividend

AJAX, ONTARIO--(Marketwire - Jan. 19, 2012) - Following a review of its dividend policy, the Board of Directors of Automodular Corporation (TSX:AM) ("Automodular" or "the Company") has increased the Company's regular quarterly dividend to $0.06 per quarter from the previous rate of $0.05 per quarter, effective immediately.

The Board of Directors has declared a $0.06 regular quarterly dividend payable February 23, 2012 to shareholders of record February 9, 2012.

Automodular Corporation is a supplier of sub-assembly, sequencing and transportation services to the automotive industry - Ford's Oakville Assembly Plant - and the renewable energy industry - Vestas Nacelles A/S. The Company has three operating facilities and employs approximately 525 people.

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