K-Bro Linen Announces June 2025 Dividend

An announcement from K-Bro Linen ( (TSE:KBL) ) is now available.

K-Bro Linen Inc. has declared a dividend of 10.00 cents CDN per common share for June 2025, payable on July 15, 2025, to shareholders of record on June 30, 2025. This announcement aligns with the company’s policy of distributing dividends to shareholders of record at the end of each month. The dividend is designated as an eligible dividend under Canadian tax legislation, which may have favorable tax implications for shareholders.

The most recent analyst rating on (TSE:KBL) stock is a Buy with a C$45.00 price target. To see the full list of analyst forecasts on K-Bro Linen stock, see the TSE:KBL Stock Forecast page.

Spark’s Take on TSE:KBL Stock

According to Spark, TipRanks’ AI Analyst, TSE:KBL is a Outperform.

K-Bro Linen’s strong financial performance and successful corporate events, particularly the strategic acquisition in the UK, are major positives. The technical indicators reflect positive momentum, although the valuation is only moderate.

To see Spark’s full report on TSE:KBL stock, click here.

More about K-Bro Linen

K-Bro Linen Inc. is the largest owner and operator of laundry and linen processing facilities in Canada, providing a comprehensive range of services to healthcare institutions, hotels, and other commercial accounts. The company operates eleven processing facilities under two brands, K-Bro Linen Systems Inc. and Buanderie HMR, across eight Canadian cities. Additionally, it has international operations through Fishers in Scotland and Shortridge in England, serving various sectors including hospitality and healthcare.

Average Trading Volume: 14,678

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$384.3M

For an in-depth examination of KBL stock, go to TipRanks’ Overview page.