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Medical Facilities Corp
Symbol DR
Shares Issued 23,707,762
Close 2024-09-19 C$ 13.99
Market Cap C$ 331,671,590
Recent Sedar Documents

Medical Facilities to pay nine-cent dividend Oct. 15

2024-09-19 20:03 ET - News Release

Mr. David Watson reports

MEDICAL FACILITIES CORPORATION ANNOUNCES THIRD QUARTER DIVIDEND

Medical Facilities Corp. has declared a cash dividend payment of nine cents per common share, payable on Oct. 15, 2024, to holders of record of common shares at the close of business on Sept. 30, 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 province 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. The company's 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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