Le Lézard
Classified in: Health, Business
Subject: DIV

K-Bro Declares July 2018 Dividend



(TSX: KBL)

EDMONTON, July 13, 2018 /CNW/ - K-Bro Linen Inc. (the "Corporation") announced today a dividend of 10.00 cents CDN per common share of the Corporation for the period from July 1 to 31, 2018, to be paid on August 15, 2018 to holders of record of common shares on July 31, 2018.

The Corporation's policy is for shareholders of record on the last business day of a calendar month to receive dividends during the fifteen days following the end of such month.  K-Bro designates this dividend as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and similar provincial and territorial legislation.

CORPORATE PROFILE

K-Bro is the largest owner and operator of laundry and linen processing facilities in Canada. K-Bro provides a comprehensive range of general linen and operating room linen processing, management and distribution services to healthcare institutions, hotels and other commercial accounts.  K-Bro currently operates nine processing facilities under three distinctive brands, including K-Bro Linen Systems Inc., Buanderie HMR and Les Buanderies Dextraze, in eight Canadian cities: Québec City, Montréal, Toronto, Edmonton, Calgary, Regina, Vancouver and Victoria.

Fishers was established in 1900 and is an operator of laundry and linen processing facilities in Scotland, providing linen rental, workwear hire and cleanroom garment services to the hospitality, healthcare, manufacturing and pharmaceutical sectors. Fishers' client base includes major hotel chains and prestigious venues across Scotland and the North East of England. The company operates seven sites, including one depot, in Scotland and the North East of England with facilities in Cupar, Perth, Newcastle, Livingston, Inverness and Coatbridge.

Additional information regarding the Corporation including required securities filings are available on our website at www.k-brolinen.com and on the Canadian Securities Administrators' website at www.sedar.com; the System for Electronic Document Analysis and Retrieval ("SEDAR").

K?Bro est le plus important propriétaire et exploitant de buanderies au Canada. K?Bro fournit une gamme étendue de services de buanderie aux établissements de soins de santé, hôtels et autres clients commerciaux. K?Bro exploite actuellement neuf usines sous trois marques distinctives, incluant K-Bro Linen Systems Inc., Buanderie HMR et Les Buanderies Dextraze, dans huit villes canadiennes: Québec, Montréal, Toronto, Edmonton, Calgary, Regina, Vancouver et Victoria.

Vous pouvez obtenir des renseignements supplémentaires sur la Société, y compris les documents déposés auprès des autorités de réglementation, sur notre site Web, au www.k-brolinen.com et sur le site Web des autorités canadiennes en valeurs mobilières au www.sedar.com, le site Web du Système électronique de données, d'analyse et de recherche (« SEDAR »).

SOURCE K-Bro Linen Inc.


These press releases may also interest you

14 nov 2018
Centric Health Corporation ("Centric Health" or "the Company") , one of Canada's leading healthcare services companies, today reported its financial results for the three and nine month periods ended September 30, 2018. "In the third quarter, we...

14 nov 2018
CRH Healthcare (CRH), the leading urgent care operator in the greater metropolitan Atlanta area, has recently opened its twenty-sixth and twenty-seventh Peachtree Immediate CareTM centers in Smyrna and Lithonia, two Atlanta suburbs.  The new Smyrna...

14 nov 2018
NAPLES, Fla., Nov. 14, 2018 /PRNewswire-PRWeb/ -- "The suspects have been reliably placed at the crime scene," says Leslie Norins, MD, PhD, analyzing the accumulated evidence that microbes inhabit or visit the brain and likely trigger Alzheimer's...

14 nov 2018
Dixie Brands, Inc. (Dixie) announced that it has obtained conditional approval on November 13, 2018 from the Canadian Securities Exchange (the CSE) for the listing of the shares that will result from Dixie's completion of a reverse takeover (RTO) of...

14 nov 2018
Extension of maturity dates of Line of Credit and OID Loans to September 2024 Implementation of cost control measures to significantly reduce operational burn and extend cash runway Substantial reduction in R&D costs of up to $30 million in 2019...

14 nov 2018
Rakuten Aspyrian, a biotechnology company developing precision-targeted cancer therapies based on its proprietary Photoimmunotherapy platform, today announced the appointment of Mickey Mikitani as chief executive officer. Mr. Mikitani, a global...




News published on 13 july 2018 at 16:13 and distributed by: