K-Bro Linen Announces April Dividend Payout

K-Bro Linen (TSE:KBL) has released an update.

K-Bro Linen Inc. has declared a dividend of 10 cents CDN per share for April 2024, payable on May 15 to shareholders on record as of April 30. The company is Canada’s largest laundry and linen processing facility operator, servicing health institutions, hotels, and other commercial clients across eight cities and two brands. K-Bro’s dividend is designated as eligible under Canadian tax legislation, reflecting its stable financial policy and commitment to shareholder value.

For further insights into TSE:KBL stock, check out TipRanks’ Stock Analysis page.