CALGARY, Alberta, Sept. 14, 2018 (GLOBE NEWSWIRE) -- Badger Daylighting Ltd. (“Badger”) is pleased to announce its September 2018 cash dividend and upcoming events.
September 2018 Cash Dividend
Badger today announced that the directors of Badger declared a cash dividend for the month of September 2018 of $0.045 per share, which equates to $0.54 per share on an annualized basis. Payment will be made on or about October 15, 2018 to shareholders of record on September 30, 2018.
Badger expects that the dividend will be an “eligible dividend” for Canadian income tax purposes and thus qualify for the enhanced gross-up and tax credit regime for certain shareholders.
2018 Third Quarter Results and Conference Call
Badger expects to release its 2018 third quarter results on Monday, November 12, 2018 after the close of market trading. A conference call and webcast for investors, analysts, brokers and media representatives to discuss the 2018 third quarter results is scheduled for 9:00 a.m. MT on Tuesday, November 13, 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 Investor Relations menu and Events, Presentations and Webcasts. To participate in the call, dial: 1-844-740-2014 and enter passcode 8158739. A playback of the call will be available until 11:59 p.m. ET on Tuesday, November 27, 2018. To access the playback, dial: 1-855-859-2056 and enter 8158739.
2018 Investor Day
Badger is pleased to announce it is hosting an Investor Day on Thursday, November 15, 2018 at the King Edward Hotel in Toronto. An update on Badger’s operations, short and long-term growth opportunities and financial position will be presented. Badger’s executive and operational leadership teams will be in attendance. The formal presentation will commence at 9:00 a.m. EST, a light breakfast and lunch will be served. Attendance in person for this event is limited, to confirm your attendance, please RSVP by emailing your contact information to rsvpinvestorday@badgerinc.com. The presentation will be webcast, and available on Badger’s website www.badgerinc.com.
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 CEO
Gerald Schiefelbein, Vice President, Finance and CFO
Jay Bachman, Vice President, Financial Operations and Investor Relations
Badger Corporate Office
ATCO Centre Ⅱ
Suite 400, 919 – 11th Avenue SW
Calgary, Alberta T2R 1P3
Telephone (403) 264-8500
Fax (403) 228-9773
Media
Bayfield Strategy Inc.
416-855-0238
info@bayfieldstrategy.com
Source: Badger Daylighting Ltd.