/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES/
TORONTO, Sept. 19,
2024 /CNW/ - Medical Facilities Corporation (TSX: DR)
("Medical Facilities") announced today that a cash dividend payment
of Cdn $0.09 per common share will be
payable on October 15, 2024, to
holders of record of common shares at the close of business on
September 30, 2024.
Medical Facilities designates this dividend to be an "eligible
dividend" pursuant to subsection 89(14) of the Income Tax Act
(Canada) and its equivalent in any
provinces of Canad
About Medical Facilities
Corporation
Medical Facilities, in partnership with physicians, owns a
portfolio of highly rated, high-quality surgical facilities in the
United States. MFC's ownership includes controlling interest
in four specialty surgical hospitals located in Arkansas, Oklahoma, and South
Dakota, and an ambulatory surgery center ("ASC") located in
California. The specialty surgical
hospitals perform scheduled surgical, imaging, diagnostic and other
procedures, including primary and urgent care, and derive their
revenue from the fees charged for the use of their facilities. The
ASC specializes in outpatient surgical procedures, with patient
stays of less than 24 hours. For more information, please visit
www.medicalfacilitiescorp.ca.
Caution concerning forward-looking
statements
Statements made in this news release, other than those
concerning historical financial information, may be forward-looking
and therefore subject to various risks and uncertainties. Some
forward-looking statements may be identified by words like "may",
"will", "anticipate", "estimate", "expect", "intend", or "continue"
or the negative thereof or similar variations. Certain material
factors or assumptions are applied in making forward-looking
statements and actual results may differ materially from those
expressed or implied in such statements. Factors that could cause
results to vary include those identified in Medical Facilities'
filings with Canadian securities regulatory authorities such as
legislative or regulatory developments, intensifying competition,
technological change and general economic conditions. All
forward-looking statements presented herein should be considered in
conjunction with such filings. Medical Facilities does not
undertake to update any forward-looking statements; such statements
speak only as of the date made.
SOURCE Medical Facilities Corporation
