Business
K-Bro Declares January 2020 Dividend
K-Bro Declares January 2020 Dividend Canada NewsWire EDMONTON, Jan. 15, 2020 ...
About this update from K-bro Linen Inc.
[{"type":"text","content":"\n\n\n\nK-Bro Declares January 2020 Dividend\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nEDMONTON, Jan. 15, 2020\n\n\n\n(TSX: KBL)\n EDMONTON, Jan. 15, 2020 /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 January 1 to 31, 2020, to be paid on February 14, 2020 to holders of record of common shares on January 31, 2020.\nThe 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.\nCORPORATE PROFILE\nK-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.\nFishers 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 six sites in Scotland and the North East of England with facilities in Cupar, Perth, Newcastle, Livingston and Coatbridge. \nAdditional 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 a...