Michael Baker Corp. (BKR) reported net income for the first quarter of $5.5 million or $0.57 per share, compared to $1.7 million or $0.18 per share for the year-ago quarter.
Revenues for the first quarter fell to $144.0 million from $151.7 million a year ago.
Total backlog at March 31, 2013, was $1.66 billion, compared to $1.65 billion at December 31, 2012.
The company also declared an $0.18 per share dividend for the second quarter of 2013, payable on July 2 to shareholders of record on June 12. This represents a $0.02 per share increase from the dividend paid for the first quarter of 2013.
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