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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (6670)7/7/1998 5:54:00 PM
From: Ditchdigger  Respond to of 29382
 
PS: Remember,Bombardier splits 2:1 on July 10,still time to get in prior to the split and dividend..<g>
Bombardier Inc. Dividends

MONTREAL--(BUSINESS WIRE)--June 22, 1998-- Bombardier (ME:BBD.A - news;TSE:BBD.A - news; ME:BBD.B - news; TSE:BBD.B - news)-- The Board of Directors of Bombardier Inc. declared the following dividends:
Class A and Class B Shares
A dividend of $0.0425 per share on the Class A shares (multiple voting) and of $0.0425 per share on the Class B shares (subordinate voting) is payable on July 31, 1998 to the shareholders of record at the close of business on July 17, 1998, the whole reflecting the stock split taking effect on July 10, 1998.

Holders of Class B shares (subordinate voting) of record at the close of business on July 17, 1998,who have a right to a priority dividend at the rate of $0.003125 per share per year, payable by quarterly installments of $0.0007815, will receive the second installment of $0.0007815 per share on July 31, 1998. This rate has been adjusted to reflect the stock split taking effect on July 10, 1998.
Series 2 Preferred Shares
A quarterly dividend of $0.34375 per share on the Series 2 Preferred Shares is payable on July 31, 1998 to the shareholders of record at the close of business on July 17, 1998.
Bombardier Inc. is a Canadian corporation engaged in design, development, manufacturing and marketing activities in the fields of rail transportation equipment, aerospace, and recreational products. It also provides financial services and services related to its products and core competencies. The Montreal-based Corporation operates plants in Canada, the United States, Mexico, Austria, Belgium, the Czech Republic, Finland, France, Germany, Switzerland and the United Kingdom, employing 47,000 people. Bombardier's revenues for its fiscal year ended January 31, 1998 totalled 8.5 billion Canadian dollars, and more than 88 percent of its revenues are generated in markets outside Canada.

Sorry had to get some hype out of my system(reccomend class "B" it is much more widely traded)