Badger Daylighting Ltd. March Cash Dividend and Upcoming Events
March 15, 2018, 10:00 am
CALGARY, Alberta, March 15, 2018 (GLOBE NEWSWIRE) -- Badger Daylighting Ltd. (the “Company” or “Badger”) (TSX:BAD) is pleased to announce its March 2018 cash dividend and upcoming events.
March 2018 Dividend
Badger today announced that the directors of Badger declared a cash dividend for the month of March of $0.038 per share, which equates to $0.456 per share on an annualized basis. Payment will be made on or about April 16, 2018 to shareholders of record on March 31, 2018.
Badger expects that the dividends will be “eligible dividends” for Canadian income tax purposes and thus qualify for the enhanced gross-up and tax credit regime for certain shareholders.
Upcoming Release of 2017 Year End Results and Conference Call
Badger expects to release its 2017 year end results on Tuesday, March 27, 2018 after markets close. A conference call and webcast for investors, analysts, brokers and media representatives to discuss the 2017 year end results is scheduled for 9:00 a.m. MT on Wednesday, March 28, 2018. Internet users can view or listen to the call live, or as an archived call, on Badger’s website at: www.badgerinc.com under the Upcoming Events and Investor Presentation section. To participate in the call, dial: 1-844-740-2014 and enter Passcode 6097626.
About Badger Daylighting Ltd.
Badger Daylighting Ltd. (TSX:BAD) 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. Badger manufactures its truck-mounted hydrovac units.
For further information:
Paul Vanderberg, President and CEOGerald Schiefelbein, Vice President Finance and CFOJay Bachman, Director, Financial Operations and Investor Relations
Badger Corporate Office
1000, 635 – 8th Avenue SW
Calgary, AB T2P 3M3
Bayfield Strategy Inc.
Source: Badger Daylighting Ltd.
Source: Badger Daylighting Ltd