Mr. Paul Vanderberg reports
BADGER DAYLIGHTING LTD. AUGUST CASH DIVIDEND
Badger Daylighting Ltd. directors have declared a cash dividend for the month of August of 3.8 cents per share, representing 45.6 cents per share on an annualized basis. Payment will be made on or about Sept. 15, 2017, to shareholders of record on Aug. 31, 2017.
Badger expects that the dividends will be eligible dividends for income tax purposes and thus qualify for the enhanced gross-up and tax credit regime for certain shareholders.
Badger is North America's largest provider of non-destructive excavating services. Badger traditionally works for contractors and facility owners in a broad range of infrastructure industries. The company's key technology is the Badger hydrovac, which is used primarily for safe digging in congested grounds and challenging conditions. The Badger hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank.
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