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An update 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 January 2025, reflecting its regular policy of monthly dividends to shareholders of record on the last business day of the month. This announcement underscores K-Bro’s stable financial practices and continues to support its stakeholders with predictable returns, potentially enhancing its position within the linen processing industry.
More about K-Bro Linen
K-Bro Linen Inc. is the largest owner and operator of laundry and linen processing facilities in Canada, offering a wide range of linen and operating room linen processing, management, and distribution services to healthcare institutions, hotels, and other commercial accounts. The company operates eleven processing facilities in eight Canadian cities under brands including K-Bro Linen Systems Inc. and Buanderie HMR. Additionally, K-Bro’s Fishers and Shortridge operations provide similar services in Scotland, the North East of England, and Cumbria, specializing in linen rental and laundry services for hospitality, healthcare, and manufacturing sectors.
YTD Price Performance: -5.73%
Average Trading Volume: 12,897
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$373.2M
See more data about KBL stock on TipRanks’ Stock Analysis page.
