LANCASTER, PA — Burnham Holdings Inc. (OTC-Pink: BURCA), a leading manufacturer of boilers and related HVAC products, recently declared dividends for both its common and preferred stocks, amid a stable market environment.
The company’s Board of Directors, during their meeting on December 14, 2023, announced a quarterly common stock dividend of $0.22 per share. In a parallel move, a semi-annual preferred stock dividend of $1.50 per share was also declared. Both dividends are payable on December 29, 2023, to shareholders of record as of December 20, 2023.
These declarations underscore Burnham Holdings’ commitment to rewarding its shareholders while maintaining a robust financial position. Dividend payments are a critical component of investment returns and signal the company’s strong performance and confidence in its future prospects.
In addition to the dividend announcement, the company also revealed plans for its upcoming Annual Meeting. The event will be held virtually on Monday, April 22, 2024, starting at 11:30 a.m. eastern time. The move to a secure online platform ensures that all stakeholders can participate safely and conveniently, reflecting the company’s adaptability amid evolving business environments.
As Burnham Holdings moves into the new year, these developments highlight the company’s solid financial footing and strategic planning. Investors will be watching closely as the company continues to navigate the market dynamics and deliver value to its shareholders.
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