11:53:02 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Bird Construction Inc
Symbol BDT
Shares Issued 42,516,853
Close 2020-06-11 C$ 5.97
Market Cap C$ 253,825,612
Recent Sedar Documents

Bird Construction to pay 3.25-cent dividend July 20

2020-06-11 16:45 ET - News Release

Mr. Teri McKibbon reports

BIRD CONSTRUCTION INC. DECLARES COMMON SHARE DIVIDEND IN JUNE 2020

Bird Construction Inc.'s board of directors has declared a common share cash dividend for June, 2020, of 3.25 cents per share to be paid on July 20, 2020, to shareholders of record on June 30, 2020.

The aforementioned dividend on the common shares are designated as eligible dividends for the purposes of the Income Tax Act (Canada) and any similar applicable provincial legislation.

"Throughout the global pandemic, our board of directors has been meeting monthly to appropriately govern the progress of the business and represent its stakeholders. Considering the uncertainty driven by the pandemic, a monthly approval of the dividend is prudent to ensure maximum flexibility for the company to enable a quick response to changes in the business environment," said Teri McKibbon, president and chief executive officer. "I am proud to update that the company is performing well through the crisis to date, primarily thanks to the efforts, dedication and commitment of our employees. Our diversified business model and strength in our balance sheet support the declaration of a dividend for June, 2020, based on our current expectations of the impact of COVID-19. Despite the impacts that the company has experienced in the second quarter, we continue to expect fiscal 2020 to be more profitable than recent years."

We seek Safe Harbor.

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