Oct 22 2009
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 November 16, 2009 to holders of record of Income Participating Securities at the close of business on October 30, 2009.
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 October. The ex-dividend date for this distribution will be October 28, 2009. 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