K-Bro Declares March 2024 Dividend

About this update from K-bro Linen Inc.

[{"type":"text","content":"\n \n \n \n K-Bro Declares March 2024 Dividend\n \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 Canada NewsWire\n \n \n \n \n (TSX: KBL)\n \n \n \n \n EDMONTON, AB\n \n \n ,\n \n \n March 15, 2024\n \n \n /CNW/ - K-Bro Linen Inc. (the \"Corporation\") announced today a dividend of\n \n 10.00 cents\n \n CDN per common share of the Corporation for the period from\n \n March 1 to 31, 2024\n \n , to be paid on\n \n April 15, 2024\n \n to holders of record of common shares on\n \n March 31, 2024\n \n .\n \n \n 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 (\n \n Canada\n \n ) and similar provincial and territorial legislation.\n \n \n \n CORPORATE PROFILE\n \n \n \n K-Bro is the largest owner and operator of laundry and linen processing facilities in\n \n Canada\n \n . 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 ten processing facilities under two distinctive brands, including K-Bro Linen Systems Inc. and Buanderie HMR, in eight Canadian cities: Québec City, Montréal,\n \n Toronto\n \n ,\n \n Edmonton\n \n ,\n \n Calgary\n \n , Regina,\n \n Vancouver\n \n and\n \n Victoria\n \n .\n \n \n Fishers was established in 1900 and is an operator of laundry and linen processing facilities in\n \n Scotland\n \n , 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\n \n Scotland\n \n and the North East of\n \n England\n \n . The company operates sites in\n \n Scotland\n \n and the North East of\n \n England\n \n with facilities in\n \n Cupar\n \n ,\n \n Perth\n \n ,\n \n Newcastle\...

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