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Medical Facilities Corporation Announces Prorated Quarterly Dividend
Medical Facilities Corporation Announces Prorated Quarterly Dividend Canada NewsWi...
About this update from Medical Facilities Corporation
[{"type":"text","content":"\n\n\n\nMedical Facilities Corporation Announces Prorated Quarterly 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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Dec. 18, 2019\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FORDISSEMINATION IN THE UNITED STATES/\n TORONTO, Dec. 18, 2019 /CNW/ - Medical Facilities Corporation (TSX: DR) (\"Medical Facilities\" or the \"Company\") announced today that a cash dividend payment of Cdn $0.04667 per common share will be payable on January 15, 2020 to holders of record of common shares at the close of business on December 31, 2019. The amount reflects the quarterly dividend rate of Cdn $0.07 prorated for the final two months of the fourth quarter of fiscal 2019. \nThe ex-dividend date for this distribution will be December 30, 2019. Medical Facilities designates this dividend to be an \"eligible dividend\" pursuant to subsection 89(14) of the Income Tax Act (Canada) and its equivalent in any provinces of Canada.\nAbout Medical Facilities CorporationMedical Facilities, in partnership with physicians, owns surgical facilities in the United States. Medical Facilities' portfolio includes controlling interest in five specialty surgical hospitals located in Arkansas, Indiana, Oklahoma, and South Dakota, and an ambulatory surgery center located in California. In addition, through a partnership with NueHealth LLC, Medical Facilities owns controlling interest in seven ambulatory surgery centers located in Arkansas, Michigan, Missouri, Nebraska, Ohio, Oregon, and Pennsylvania. The specialty surgical hospitals perform scheduled surgical, imaging, diagnostic and other procedures, including primary and urgent care, and derive their revenue from the fees charged for the use of their facilities. The ambulatory surgery centers specialize in outpatient surgical procedures, with patient stays of less than 24 hours. For more information, please visit www.medicalfacilitiescorp.ca.\nCaution concerning forward-looking statementsStatements made in this news release, other than those concerning historical ...