Aug 21 2010
Medical Facilities Corporation (TSX: DR.UN) ("Medical Facilities" or the "Company") announced today that a cash payment of Cdn$0.0917 per Income Participating Security will be payable on September 15, 2010 to holders of record of Income Participating Securities at the close of business on August 31, 2010.
Each of the Company's Income Participating Securities is comprised of one common share and Cdn$5.90 aggregate principal amount of 12.5% subordinated notes. The total payment of Cdn$0.0917 reflects a cash dividend of Cdn$0.0302 per common share and an interest payment of Cdn$0.0615 per Cdn$5.90 aggregate principal amount of 12.5% subordinated notes each for the month of August. The ex-dividend date for this distribution will be August 27, 2010. 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.
Source:
MEDICAL FACILITIES CORPORATION