Badger Infrastructure Solutions Ltd. July 2021 Cash Dividend and Upcoming Events
July 15 2021 - 7:00AM
Badger Infrastructure Solutions Ltd. (“Badger”) is pleased to
announce its July 2021 cash dividend and upcoming events.
July 2021 Cash DividendBadger
today announced that the directors of Badger declared a cash
dividend for the month of July 2021 of $0.0525 per share, which
equates to $0.63 per share on an annualized basis. Payment will be
made on or about August 16, 2021, to shareholders of record on July
30, 2021.
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.
2021 Second Quarter Results and
Conference Call Badger expects to release its 2021
second quarter results on Thursday, August 5, 2021, after the close
of market trading. A conference call and webcast for investors,
analysts, brokers and media representatives to discuss the 2021
second quarter results is scheduled for 7:00 a.m. MT on Friday,
August 6, 2021. Internet users can listen to the call live, or as
an archived call, on Badger’s website at: www.badgerinc.com under
the Investor Relations: Events, Presentations and Webcasts. To
participate in the call, dial: 1-844-740-2014 and enter passcode
1581088. A playback of the call will be available until Friday,
August 20, 2021. To access the playback, dial: 1-855-859-2056 and
enter passcode 1581088.
About Badger Infrastructure Solutions
Ltd.Badger Infrastructure Solutions Ltd. (TSX:BDGI) is
North America’s largest provider of non-destructive excavating
services. Badger works for contractors and facility owners in a
broad range of infrastructure industries. These market segments
consist primarily of infrastructure projects in areas such as
energy generation, electricity and natural gas transmission
networks, roads and highways, telecommunications, water and sewage
treatment and general municipal infrastructure. Customers in these
segments typically operate near high concentrations of underground
power, communication, water, gas and sewer lines, particularly in
large urban centres where safety and economic risks are high and
therefore non-destructive excavation provides a safe alternative
for certain customer excavation requirements. The Company’s key
technology is the Badger Hydrovac™, which is used primarily for
safe excavation around critical infrastructure and in congested
underground 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 and designs its truck-mounted hydrovac units, giving
Badger the opportunity to incorporate feedback from its hydrovac
operators into its existing and future design and manufacturing
processes.
For further
information:Paul
Vanderberg, President and CEO
Darren Yaworsky, Vice President, Finance and CFOTrevor Carson, Vice
President, Investor Relations and Corporate Development
Badger Infrastructure Solutions Ltd.ATCO Centre
IISuite 400, 919 - 11th Avenue SWCalgary, Alberta T2R 1P3Telephone
(403) 264-8500Fax (403) 228-9773
Source: Badger Infrastructure Solutions Ltd.
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