Published on February 25, 2010 at 7:36 AM
Biovail Corporation (NYSE:BVF) (TSX:BVF) today announced that the
Company’s Board of Directors has declared a quarterly cash dividend of
US$0.09 per share payable on April 5, 2010 to shareholders of record at
the close of business March 8, 2010. The ex-dividend date is March 4,
2010.
Important Income-Tax Information for Canadian Resident Shareholders
Biovail Corporation designates the entire amount of this taxable
dividend to be an “eligible dividend” for purposes of the Income Tax Act
(Canada), as amended from time to time. This notice meets the
requirements of the Income Tax Act (Canada). Please contact your tax
advisor if you have any questions with regard to the designation of the
eligible dividend.
Source Biovail Corporation
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