Le Lézard
Classified in: Business
Subject: DIV

Bird Construction Inc. Declares Common Share Dividend In July 2020


LISTING: TORONTO STOCK EXCHANGE
SYMBOL: BDT

MISSISSAUGA, ON, July 10, 2020  /CNW/ - Bird Construction Inc. ("Bird") announced today that its Board of Directors has declared a common share cash dividend for July 2020 of $0.0325 per share to be paid on August 20, 2020 to shareholders of record on July 31, 2020.

The above-mentioned dividend on the common shares are designated as eligible dividends for the purposes of the Income Tax Act (Canada) and any similar applicable provincial legislation.

"Our Company is performing very well through the crisis to date with many thanks to our dedicated and committed employees.  Our diversified business model and strength in our balance sheet support the declaration of a dividend for July 2020," said Teri McKibbon, President & CEO. "The ramp up of our work program in the second quarter of 2020, through the pandemic, was well-executed. As a result of the diversification and growth of our Backlog, the Board of Directors intends to revert back to the declaration of future monthly dividends on a quarterly basis starting in August 2020.  We expect fiscal 2020 to be considerably more profitable than recent years."

This press release contains forward-looking information (as defined in applicable Canadian securities legislation) that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance, or achievements to materially differ from those expressed or implied by the forward-looking information.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

For further information contact:
T.L. McKibbon, President & CEO or
W.R. Gingrich, CFO
Bird Construction Inc.
5700 Explorer Drive, Suite 400
Mississauga, ON L4W 0C6
Phone: (905) 602-4122

SOURCE Bird Construction Inc.


These press releases may also interest you

at 11:05
CBL Properties today announced that the Company plans to issue its report of earnings for the second quarter 2020 after the close of market on Thursday, August 6, 2020. The Company will not hold a conference call to discuss second quarter results....

at 11:02
Larson Packaging Company (LPC), a leading, integrated, Bay Area industrial packaging manufacturer is pleased to announce that it has acquired First Class Packaging (FCP), Inc. of El Cajon, California. The two companies have been working on this...

at 11:00
Meredith Corporation , the leading multi-platform media company focused on women today announced that it is teaming up with The Kroger Co.'s media advertising business, Kroger Precision Marketing (KPM), to offer a new integrated media service that...

at 11:00
Today, Mercury Insurance announced the company is extending its Giveback Program for California private passenger and commercial auto insurance policyholders through July 31, 2020. "Collisions and other auto-related insurance losses increased in...

at 11:00
DropIn has introduced D{ai}mentions?a series of new AI tools designed to enhance the capability and utility of its live-streaming platform....

at 11:00
Best of State-Utah has awarded Mountain America Credit Union with the 2020 Best of State Statue (BOSS®) for the Business Services division....



News published on 10 july 2020 at 19:06 and distributed by: