Subject to the approval of the Board of Directors of Birchcliff, it is currently intended that dividends will be paid on the outstanding Preferred Shares, Series A and Preferred Shares, Series C on the last day of March, June, September and December in each year, or the following business day if the dividend payment date falls on a weekend or holiday.
Birchcliff advises that all Preferred Share, Series A and all Preferred Share, Series C dividends paid have been and will be designated as “eligible dividends” for the purposes of the Income Tax Act (Canada). This designation will apply until a notification of change is posted on this website.