Medical Facilities Corporation has announced that a cash dividend payment of CDN $0.09375 per common share will be payable on Sept. 17, 2012, to holders of record of common shares at the close of business on Aug. 31, 2012.
The ex-dividend date for this distribution will be August 29, 2012. 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.
Medical Facilities owns controlling interests in four specialty surgical hospitals, located in South Dakota and Oklahoma, as well as an ambulatory surgery center in California. The specialty 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 center specializes in outpatient surgical procedures, with patient stays of less than 24 hours.
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The ex-dividend date for this distribution will be August 29, 2012. 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.
Medical Facilities owns controlling interests in four specialty surgical hospitals, located in South Dakota and Oklahoma, as well as an ambulatory surgery center in California. The specialty 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 center specializes in outpatient surgical procedures, with patient stays of less than 24 hours.
Related Articles on Transactions & Valuation:
Dr. David Paustian Opens Surgical Center in Neillsville, Wisconsin
Maximizing Endoscopy ASC Value and Sales Price
New York's Women & Children's Hospital to Shift Outpatient Services to $39M Surgery Center