Announcement • Jul 23
K-Bro Linen Inc. to Report Q2, 2026 Results on Aug 04, 2026 K-Bro Linen Inc. announced that they will report Q2, 2026 results After-Market on Aug 04, 2026 Declared Dividend • Jul 20
Dividend of CA$0.10 announced Shareholders will receive a dividend of CA$0.10. Ex-date: 31st July 2026 Payment date: 14th August 2026 Dividend yield will be 2.7%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 84% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 16
K-Bro Linen Inc. Declares Dividend for the Period from July 1 to 31, 2026, Payable on August 14, 2026 K-Bro Linen Inc. announced a dividend of 10.00 Canadian cents per common share of the Corporation for the period from July 1 to 31, 2026, to be paid on August 14, 2026 to holders of record of common shares on July 31, 2026. Declared Dividend • Jun 25
Dividend of CA$0.10 announced Shareholders will receive a dividend of CA$0.10. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 84% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 16
K-Bro Linen Inc. Declares June 2026 Dividend, Payable on July 15, 2026 K-Bro Linen Inc. announced a dividend of 10.00 cents CDN per common share of the Corporation for the period from June 1 to 30, 2026, to be paid on July 15, 2026 to holders of record of common shares on June 30, 2026. Declared Dividend • May 21
Dividend of CA$0.10 announced Shareholders will receive a dividend of CA$0.10. Ex-date: 29th May 2026 Payment date: 15th June 2026 Dividend yield will be 3.2%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 84% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 16
K-Bro Declares May 2026 Dividend, Payable on June 15, 2026 K-Bro Linen Inc. announced a dividend of 10.00 cents CDN per common share of the Corporation for the period from May 1 to 31, 2026, to be paid on June 15, 2026 to holders of record of common shares on May 31, 2026. Announcement • May 02
K-Bro Linen Inc. Announces Retirement of Michael Percy from the Board K-Bro Linen Inc. announced that Michael Percy, the chair of the board of directors (the "Board"), has advised that he will be retiring from the Board and will not seek re-election at the Meeting. Mr. Percy has most recently served as a Director since 2015. Announcement • Apr 23
K-Bro Linen Inc. to Report Q1, 2026 Results on May 05, 2026 K-Bro Linen Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026 Announcement • Apr 17
K-Bro Linen Inc. Declares Dividend for the Period from April 1, 2026 to April 30, 2026, Payable on May 15, 2026 K-Bro Linen Inc. announced a dividend of 10.00 cents CDN per common share of the Corporation for the period from April 1 to 30, 2026, to be paid on May 15, 2026 to holders of record of common shares on April 30, 2026. Announcement • Mar 24
K-Bro Linen Inc., Annual General Meeting, Jun 03, 2026 K-Bro Linen Inc., Annual General Meeting, Jun 03, 2026. Announcement • Mar 14
K-Bro Linen Inc. Declares Dividend for the Period from March 1, 2026 to March 31, 2026, Payable on April 15, 2026 K-Bro Linen Inc. announced a dividend of 10.00 cents CAD per common share of the Corporation for the period from March 1, 2026 to March 31, 2026, to be paid on April 15, 2026 to holders of record of common shares on March 31, 2026. Announcement • Feb 26
K-Bro Linen Inc. to Report Q4, 2025 Results on Mar 19, 2026 K-Bro Linen Inc. announced that they will report Q4, 2025 results After-Market on Mar 19, 2026 Announcement • Feb 16
K-Bro Declares Dividend for the Period from February 1, 2026 to February 28, 2026, Payable on March 13, 2026 K-Bro Linen Inc. announced a dividend of 10.00 cents CDN per common share of the Corporation for the period from February 1 to 28, 2026, to be paid on March 13, 2026 to holders of record of common shares on February 28, 2026. Announcement • Jan 16
K-Bro Declares Dividend for the Period from January 1 to 31, 2026, Payable on February 13, 2026 K-Bro Linen Inc. announced a dividend of CAD 0.10 per common share of the Corporation for the period from January 1 to 31, 2026, to be paid on February 13, 2026 to holders of record of common shares on January 31, 2026. Announcement • Dec 17
K-Bro Linen Inc. Declares Monthly Dividend for the Period from December 1 to December 31, 2025, Payable on January 15, 2026 K-Bro Linen Inc. announced a dividend of 10.00 cents CDN per common share of the Corporation for the period from December 1 to 31, 2025, to be paid on January 15, 2026 to holders of record of common shares on December 31, 2025. Announcement • Nov 13
K-Bro Linen Inc. Declares Monthly Dividend for the Period from November 1 to November 30, 2025, Payable on December 15, 2025 The Board of Directors of K-Bro Linen Inc. has declared a monthly dividend of $0.10 per common share for the period from November 1 to November 30, 2025, to be paid on December 15, 2025, to shareholders of record on November 30, 2025. Announcement • Nov 06
K-Bro Linen Inc. Appoints Rona Ambrose to the Board of Directors, Effective November 5, 2025 K-Bro Linen Inc. announced that the Honourable Rona Ambrose has been appointed to the Board of Directors of K-Bro effective November 5, 2025. Ms. Ambrose is the Deputy Chairwoman at TD Bank Group's Investment Bank, TD Securities, where she leads a team focused on spurring investment into the Canadian economy. Ms. Ambrose has served on several corporate and non-profit boards. She is the founder and Chair of the Council of Women CEO's, Chair of Plan International Canada and a passionate global champion for the rights of women and girls. Prior to her retirement from politics in 2017, she was Leader of Canada's Official Opposition in the House of Commons and Leader of the Conservative Party of Canada. She also served as a cabinet minister across nine government departments, including serving as Vice-Chair of the Treasury Board and Chair of the Cabinet Committee for Public Safety, Justice and Aboriginal Issues. Announcement • Oct 25
K-Bro Linen Inc. to Report Q3, 2025 Results on Nov 12, 2025 K-Bro Linen Inc. announced that they will report Q3, 2025 results After-Market on Nov 12, 2025 Announcement • Oct 16
K-Bro Linen Inc. Announces Dividend for the Period from October 1 to 31, 2025, Payable on November 14, 2025 K-Bro Linen Inc. announced a dividend of 10.00 cents CDN per common share of the Corporation for the period from October 1 to 31, 2025, to be paid on November 14, 2025 to holders of record of common shares on October 31, 2025. Announcement • Sep 16
K-Bro Linen Inc. Declares September 2025 Dividend, Payable on October 15, 2025 K-Bro Linen Inc. (the "Corporation") announced a dividend of 10.00 cents CDN per common share of the Corporation for the period from September 1 to 30, 2025, to be paid on October 15, 2025 to holders of record of common shares on September 30, 2025. Announcement • Aug 15
K-Bro Linen Inc. announces Monthly dividend, payable on September 15, 2025 K-Bro Linen Inc. announced Monthly dividend of CAD 0.1000 per share payable on September 15, 2025, ex-date on August 29, 2025 and record date on August 31, 2025. Announcement • Jul 30
K-Bro Linen Inc. to Report Q2, 2025 Results on Aug 13, 2025 K-Bro Linen Inc. announced that they will report Q2, 2025 results After-Market on Aug 13, 2025 Announcement • Jul 16
K-Bro Declares July 2025 Dividend, Payable on August 15, 2025 K-Bro Linen Inc. announced a dividend of 10.00 CAD cents per common share of the Corporation for the period from July 1 to 31, 2025, to be paid on August 15, 2025 to holders of record of common shares on July 31, 2025. Announcement • Jun 14
K-Bro Linen Inc. Declares Monthly Dividend for the Period Ending June 30, 2025, Payable on July 15, 2025 K-Bro Linen Inc. announced a dividend of CAD 10.00 cents per common share of the Corporation for the period from June 1 to 30, 2025, to be paid on July 15, 2025 to holders of record of common shares on June 30, 2025. Announcement • May 30
K-Bro Linen Inc. has completed a Follow-on Equity Offering in the amount of CAD 70.1365 million. K-Bro Linen Inc. has completed a Follow-on Equity Offering in the amount of CAD 70.1365 million.
Security Name: Subscription Receipts
Security Type: Common Stock
Securities Offered: 2,030,000
Price\Range: CAD 34.55
Discount Per Security: CAD 1.382 Announcement • May 15
K-Bro Linen Inc. announces Monthly dividend, payable on June 13, 2025 K-Bro Linen Inc. announced Monthly dividend of CAD 0.1000 per share payable on June 13, 2025, ex-date on May 30, 2025 and record date on May 30, 2025. Announcement • Apr 30
K-Bro Linen Inc. to Report Q1, 2025 Results on May 14, 2025 K-Bro Linen Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on May 14, 2025 Announcement • Apr 16
K-Bro Linen Inc. Declares April 2025 Dividend, Payable on May 15, 2025 K-Bro Linen Inc. announced a dividend of 10.00 cents per common share of the Corporation for the period from April 1 to 30, 2025, to be paid on May 15, 2025 to holders of record of common shares on April 30, 2025. Announcement • Mar 24
K-Bro Linen Inc., Annual General Meeting, Jun 03, 2025 K-Bro Linen Inc., Annual General Meeting, Jun 03, 2025. Announcement • Mar 15
K-Bro Declares March 2025 Dividend, Payable on April 15, 2025 K-Bro Linen Inc. announced a dividend of 10.00 cents per common share of the Corporation for the period from March 1 to 31, 2025, to be paid on April 15, 2025 to holders of record of common shares on March 31, 2025. Announcement • Mar 01
K-Bro Linen Inc. to Report Q4, 2024 Results on Mar 20, 2025 K-Bro Linen Inc. announced that they will report Q4, 2024 results After-Market on Mar 20, 2025 Announcement • Feb 15
K-Bro Linen Inc. Declares Dividend for February 2025, Payable on March 14, 2025 K-Bro Linen Inc. announced a dividend of 10.00 cents per common share of the Corporation for the period from February 1 to 28, 2025, to be paid on March 14, 2025 to holders of record of common shares on February 29, 2025. Announcement • Jan 16
K-Bro Linen Inc. Declares Monthly Dividend for the Period from January 1 to January 31, 2025, Payable on February 14, 2025 K-Bro Linen Inc. announced a dividend of 10.00 cents per common share of the Corporation for the period from January 1 to 31, 2025, to be paid on February 14, 2025 to holders of record of common shares on January 31, 2025. Announcement • Dec 14
K-Bro Linen Inc. Announces Dividend for the Month Ending December 31, 2024, Payable on January 15, 2025 K-Bro Linen Inc. announced a dividend of 10.00 CAD cents per common share of the Corporation for the period from December 1, 2024 to December 31, 2024, to be paid on January 15, 2025 to holders of record of common shares on December 31, 2024. Reported Earnings • Nov 16
Third quarter 2024 earnings released: EPS: CA$0.78 (vs CA$0.63 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.78 (up from CA$0.63 in 3Q 2023). Revenue: CA$104.5m (up 20% from 3Q 2023). Net income: CA$8.13m (up 22% from 3Q 2023). Profit margin: 7.8% (up from 7.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Announcement • Nov 14
K-Bro Linen Inc. Declares A Monthly Dividend for the Period from November 1 to November 30, 2024, Payable on December 13, 2024 The Board of Directors of K-Bro Linen Inc. declared a monthly dividend of $0.10 per common share for the period from November 1 to November 30, 2024, to be paid on December 13, 2024 to shareholders of record on November 30, 2024. Announcement • Oct 26
K-Bro Linen Inc. to Report Q3, 2024 Results on Nov 13, 2024 K-Bro Linen Inc. announced that they will report Q3, 2024 results After-Market on Nov 13, 2024 Declared Dividend • Oct 21
Dividend of CA$0.10 announced Shareholders will receive a dividend of CA$0.10. Ex-date: 31st October 2024 Payment date: 15th November 2024 Dividend yield will be 3.6%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Oct 16
K-Bro Linen Inc. Declares Dividend from October 1, 2024 to 31, 2024, Payable on November 15, 2024 K-Bro Linen Inc. announced a dividend of 10.00 cents per common share of the Corporation for the period from October 1, 2024 to 31, 2024, to be paid on November 15, 2024 to holders of record of common shares on October 31, 2024. Declared Dividend • Sep 19
Dividend of CA$0.10 announced Shareholders will receive a dividend of CA$0.10. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Sep 16
K-Bro Linen Inc. Announces Dividend for the Period from September 1 to September 30, 2024, Payable on October 15, 2024 K-Bro Linen Inc. announced a dividend of 10.00 cents CDN per common share of the Corporation for the period from September 1 to 30, 2024, to be paid on October 15, 2024 to holders of record of common shares on September 30, 2024. Upcoming Dividend • Aug 26
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 30 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.2%). Declared Dividend • Aug 12
Dividend of CA$0.10 announced Shareholders will receive a dividend of CA$0.10. Ex-date: 30th August 2024 Payment date: 13th September 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Aug 08
K-Bro Linen Inc. Announces Dividend for the Period from August 1, 2024 to August 31, 2024, Payable on September 13, 2024 K-Bro Linen Inc. announced a dividend of 10.00 cents per common share of the Corporation for the period from August 1, 2024 to August 31, 2024, to be paid on September 13, 2024 to holders of record of common shares on August 31, 2024. Reported Earnings • Aug 07
Second quarter 2024 earnings released: EPS: CA$0.43 (vs CA$0.44 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.43 (down from CA$0.44 in 2Q 2023). Revenue: CA$93.5m (up 16% from 2Q 2023). Net income: CA$4.54m (down 3.3% from 2Q 2023). Profit margin: 4.9% (down from 5.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Commercial Services industry in Germany. Announcement • Jul 30
K-Bro Linen Inc. to Report Q2, 2024 Results on Aug 06, 2024 K-Bro Linen Inc. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024 Declared Dividend • Jul 22
Dividend of CA$0.10 announced Shareholders will receive a dividend of CA$0.10. Ex-date: 31st July 2024 Payment date: 15th August 2024 Dividend yield will be 3.7%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 16
K-Bro Linen Inc. Announces a Dividend for the Period from July 1 to 31, 2024, Payable on August 15, 2024 K-Bro Linen Inc. announced a dividend of 10.00 cents per common share of the Corporation for the period from July 1 to 31, 2024, to be paid on August 15, 2024 to holders of record of common shares on July 31, 2024. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Elise Rees was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Jun 24
Dividend of CA$0.10 announced Shareholders will receive a dividend of CA$0.10. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 4.0%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 21
K-Bro Linen Inc. (TSX:KBL) acquired Buanderie C.M. Inc for an enterprise value of CAD 12 million. K-Bro Linen Inc. (TSX:KBL) acquired Buanderie C.M. Inc for an enterprise value of CAD 12 million on June 21, 2024. The acquisition is being funded entirely from K-Bro's syndicated revolving credit facility and, after synergies, is expected to be accretive to the Corporation. C.M. has annual revenues of approximately CAD 7.3 million.
K-Bro Linen Inc. (TSX:KBL) completed the acquisition of Buanderie C.M. Inc on June 21, 2024. Announcement • Jun 15
K-Bro Linen Inc. Announces Dividend for the Period from June 1 to 30, 2024, to Be Paid on July 15, 2024 K-Bro Linen Inc. announced a dividend of 10.00 cents per common share of the Corporation for the period from June 1 to 30, 2024, to be paid on July 15, 2024 to holders of record of common shares on June 30, 2024. Declared Dividend • May 20
Dividend of CA$0.10 announced Shareholders will receive a dividend of CA$0.10. Ex-date: 31st May 2024 Payment date: 14th June 2024 Dividend yield will be 3.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 16
K-Bro Linen Inc. Announces Dividend for the Period from May 1, 2024 to May 31, 2024, Payable on June 14, 2024 K-Bro Linen Inc. announced a dividend of 10.00 cents per common share of the Corporation for the period from May 1, 2024 to May 31, 2024, to be paid on June 14, 2024 to holders of record of common shares on May 31, 2024. Reported Earnings • May 07
First quarter 2024 earnings released: EPS: CA$0.17 (vs CA$0.19 in 1Q 2023) First quarter 2024 results: EPS: CA$0.17 (down from CA$0.19 in 1Q 2023). Revenue: CA$80.2m (up 13% from 1Q 2023). Net income: CA$1.81m (down 9.7% from 1Q 2023). Profit margin: 2.3% (down from 2.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Commercial Services industry in Germany. Announcement • Apr 28
K-Bro Linen Inc. to Report Q1, 2024 Results on May 06, 2024 K-Bro Linen Inc. announced that they will report Q1, 2024 results After-Market on May 06, 2024 Upcoming Dividend • Apr 25
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 29 April 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.1%). Declared Dividend • Apr 23
Dividend of CA$0.10 announced Shareholders will receive a dividend of CA$0.10. Ex-date: 29th April 2024 Payment date: 15th May 2024 Dividend yield will be 3.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 75% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 16
K-Bro Linen Inc. Announces Dividend for the Period from April 1 to 30, 2024, Payable on May 15, 2024 K-Bro Linen Inc. announced dividend of 10.00 cents CDN per common share of the Corporation for the period from April 1 to 30, 2024, to be paid on May 15, 2024 to holders of record of common shares on April 30, 2024. Reported Earnings • Mar 24
Full year 2023 earnings released: EPS: CA$1.65 (vs CA$0.37 in FY 2022) Full year 2023 results: EPS: CA$1.65 (up from CA$0.37 in FY 2022). Revenue: CA$320.9m (up 16% from FY 2022). Net income: CA$17.6m (up 351% from FY 2022). Profit margin: 5.5% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Commercial Services industry in Germany. Announcement • Feb 27
K-Bro Linen Inc. to Report Q4, 2023 Results on Mar 21, 2024 K-Bro Linen Inc. announced that they will report Q4, 2023 results After-Market on Mar 21, 2024 Announcement • Feb 16
K-Bro Linen Inc. Announces Dividend for the Period from February 1 to 29, 2024, Payable on March 15, 2024 K-Bro Linen Inc. announced a dividend of 10.00 Canadian cents per common share of the Corporation for the period from February 1 to 29, 2024, to be paid on March 15, 2024 to holders of record of common shares on February 29, 2024. Upcoming Dividend • Jan 23
Upcoming dividend of CA$0.10 per share at 3.5% yield Eligible shareholders must have bought the stock before 30 January 2024. Payment date: 15 February 2024. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.3%). Announcement • Jan 16
K-Bro Linen Inc. Declares January 2024 Dividend, Payable on February 15, 2024 K-Bro Linen Inc. announced a dividend of 10.00 cents CAD per common share of the Corporation for the period from January 1 to 31, 2024, to be paid on February 15, 2024 to holders of record of common shares on January 31, 2024. Recent Insider Transactions • Dec 21
President recently sold €700k worth of stock On the 15th of December, Linda McCurdy sold around 30k shares on-market at roughly €23.33 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Linda's only on-market trade for the last 12 months. Announcement • Dec 16
K-Bro Linen Inc. Declares December 2023 Dividend, Payable on January 15, 2024 K-Bro Linen Inc. announced a dividend of 10.00 Canadian cents per common share of the Corporation for the period from December 1 to 31, 2023, to be paid on January 15, 2024 to holders of record of common shares on December 31, 2023. Upcoming Dividend • Nov 24
Upcoming dividend of CA$0.10 per share at 3.5% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 15 December 2023. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.4%). Announcement • Nov 11
K-Bro Linen Inc. Declares Monthly Dividend for the Period from November 1, 2023 to November 30, 2023, Payable on December 15, 2023 The board of directors of K-Bro Linen Inc. has declared a monthly dividend of $0.10 per common share for the period from November 1 to November 30, 2023, to be paid on December 15, 2023 to shareholders of record on November 30, 2023. Reported Earnings • Nov 11
Third quarter 2023 earnings released: EPS: CA$0.63 (vs CA$0.23 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.63 (up from CA$0.23 in 3Q 2022). Revenue: CA$86.9m (up 18% from 3Q 2022). Net income: CA$6.67m (up 172% from 3Q 2022). Profit margin: 7.7% (up from 3.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Announcement • Nov 02
K-Bro Linen Inc. (TSX:KBL) acquired Buanderie Villeray Ltee. K-Bro Linen Inc. (TSX:KBL) acquired Buanderie Villeray Ltee on November 1, 2023. The acquisition is for an enterprise value of CAD 11.5 million and a potential earnout of CAD 1 million. As part of the transaction, K-Bro will close its Granby facility and consolidate its volumes into Villeray. K-Bro anticipates that the integration of its existing Granby operations into Villeray will be completed by the end of Q2 2024. The purchase price and capital expenditures will be satisfied by drawing down on K-Bro's revolving credit facility. Buanderie Villeray has an annual revenues of approximately CAD 10 million.
K-Bro Linen Inc. (TSX:KBL) completed the acquisition of Buanderie Villeray Ltee on November 1, 2023. Announcement • Oct 27
K-Bro Linen Inc. to Report Q3, 2023 Results on Nov 09, 2023 K-Bro Linen Inc. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023 Upcoming Dividend • Oct 23
Upcoming dividend of CA$0.10 per share at 3.9% yield Eligible shareholders must have bought the stock before 30 October 2023. Payment date: 15 November 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.9%). Announcement • Oct 14
K-Bro Linen Inc. Declares October 2023 Dividend, Payable on November 15, 2023 K-Bro Linen Inc. announced a dividend of CAD 10.00 cents per common share of the Corporation for the period from October 1 to 31, 2023, to be paid on November 15, 2023 to holders of record of common shares on October 31, 2023. Announcement • Sep 16
K-Bro Linen Inc. Announces Dividend on Common Share of the Corporation for the Period from September 1 to 30, 2023, Payable on October 13, 2023 K-Bro Linen Inc. announced a dividend of CAD 10.00 cents per common share of the Corporation for the period from September 1 to 30, 2023, to be paid on October 13, 2023 to holders of record of common shares on September 30, 2023. 
