Pethealth delares dividend

By Canadian Underwriter, | January 25, 2006 | Last updated on October 30, 2024
1 min read

The Board of Directors of Ontario-based Pethealth Inc. (TSX VENTURE:PTZ) recently declared a dividend of $0.12 per series I 6% convertible preference shares that are payable on Jan. 31, 2006 to the holders of record at the close of business on Jan. 20, 2006.By way of private placement on Jan. 21, 2004, Pethealth issued 5,000,000 convertible preference shares.Holders of these shares are entitled to receive cumulative dividends at the fixed rate of 6% per annum, which is equal to $0.12 per convertible preference share.

Canadian Underwriter