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Medical Facilities Corp
Symbol DR
Shares Issued 24,293,062
Close 2024-06-19 C$ 12.65
Market Cap C$ 307,307,234
Recent Sedar Documents

Medical Facilities to pay nine-cent dividend July 15

2024-06-19 14:07 ET - News Release

Mr. David Watson reports

MEDICAL FACILITIES CORPORATION ANNOUNCES SECOND QUARTER DIVIDEND

Medical Facilities Corp. will pay a cash dividend payment of nine cents per common share on July 15, 2024, to holders of record of common shares at the close of business on June 28, 2024.

The ex dividend date for this distribution is June 28, 2024. 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.

About Medical Facilities Corp.

Medical Facilities, in partnership with physicians, owns a portfolio of highly rated, high-quality surgical facilities in the United States. Medical Facilities' ownership includes controlling interest in four specialty surgical hospitals located in Arkansas, Oklahoma and South Dakota and an ambulatory surgery centre (ASC) located in California. 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 ASC specializes in outpatient surgical procedures, with patient stays of less than 24 hours.

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