Medical Facilities Corp. announced its April cash dividend payment of Cdn$0.09375 per common share, according to Montreal Gazette.
Here are five key points:
1. The dividend will be payable on May 16, 2016.
2. It will be payable to holders of record of common shares.
3. This represents Medical Facilities' 145th consecutive dividend payment.
4. April 27, 2016 will be the ex-dividend date for this distribution.
5. The dividend is an "eligible dividend" pursuant to subsection 89(14) of the Income Tax Act.