Dividends

Stable distributions

Dividend declarations are determined based on monthly reviews of Medical Facilities’ earnings, capital expenditures, and related cash flows by a sub-committee of the Board of Directors. Shareholders are entitled to receive dividends only when such dividends are declared by the Board of Directors, and there is no entitlement to any dividend prior thereto. Medical Facilities pays its dividends on a monthly basis. The current annual dividend rate is C$1.125 per common share.

Medical Facilities designates all dividends paid or deemed to be paid as “eligible dividends” pursuant to subsection 89(14) of the Income Tax Act (Canada) and its equivalent in any provinces of Canada.

Historical dividend information is provided from June 2011, when Medical Facilities converted from an income participating securities (“IPS”) to a traditional common share structure. Until May 31, 2011, Medical Facilities paid a monthly distribution of $0.0917 per IPS unit, which consisted of interest on subordinated notes and dividends on common shares. For IPS distribution history, please click here.

Dividends

Filter by year:
Total Dividend ($) per Share Record Date Payment Date Declaration Date Ex-Dividend Date
August 0.09375 31.08.2017 15.09.2017 22.08.2017 29.08.2017
July 0.09375 31.07.2017 15.08.2017 20.07.2017 27.07.2017
June 0.09375 30.06.2017 17.07.2017 21.06.2017 28.06.2017
May 0.09375 31.05.2017 15.06.2017 19.05.2017 29.05.2017
April 0.09375 28.04.2017 15.05.2017 19.04.2017 26.04.2017
March 0.09375 31.03.2017 17.04.2017 21.03.2017 29.03.2017
February 0.09375 28.02.2017 15.03.2017 16.02.2017 24.02.2017
January 0.09375 31.01.2017 15.02.2017 20.01.2017 27.01.2017
Total dividends paid year-to-date 2017 C$0.6563 per common share.