K-Bro Declares February 2020 Dividend

(TSX: KBL)EDMONTON, Feb. 14, 2020 /CNW/ -A K-Bro Linen Inc. (the "Corporation") announced today a dividend of 10.00 cents CDN per common share of the Corporation for the period from February 1 to 29, 2020, to be paid on March 13, 2020 to holders of record of common shares on February 29, 2020.The Corporation's policy is for shareholders of record on the last business day of a calendar month to receive dividends during the fifteen days following the end of such month.A  K-Bro designates this dividend as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and similar provincial and territorial legislation.CORPORATE PROFILEK-Bro is the largest owner and operator of laundry and linen processing facilities in Canada. K-Bro provides a comprehensive range of general linen and operating room linen processing, management and distribution services to healthcare institutions, hotels and other commercial accounts.A  K-Bro currently operates nine processing facilities under three distinctive brands, including K-Bro Linen Systems Inc., Buanderie HMR and Les Buanderies Dextraze, in eight Canadian cities: QuA©bec City, MontrA©al, Toronto, Edmonton, Calgary, Regina, Vancouver and Victoria.
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