ST. AUGUSTINE, Fla –Florida East Coast Industries, Inc. (FECI) Board of Directors declared a quarterly dividend of $.025 (2 1/2(cents)) per share on all issued and outstanding common stock, payable on September 27, 2002 to all shareholders of record as of September 13, 2002.
Florida East Coast Industries, Inc., headquartered in St. Augustine, Fla., conducts operations through four wholly owned subsidiaries, Flagler Development Company (Flagler), Florida East Coast Railway Company, L.L.C. (FECR), Florida Express Carriers, Inc. (FLX), and EPIK Communications Incorporated (EPIK).
Flagler owns, develops, leases and manages approximately 7.2 million square feet of commercial and industrial space and owns approximately 966 acres of entitled land and 13,300 acres of additional Florida properties. FECR is a regional freight railroad that operates 351 miles of main line track, from Jacksonville to Miami. FLX provides truckload transportation, particularly intermodal service in conjunction with FECR. EPIK, based in Orlando, Fla., is a carriers’ carrier that provides bandwidth capacity, dark fiber leases and collocation services to telecommunication providers. For more information, visit the company’s Web site at http://www.feci.com.