Bombardier Inc. Increases Dividend.MONTREAL--(BUSINESS WIRE)--April 13, 1999-- (ME:BBD BBD In currencies, this is the abbreviation for the Barbados Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. .A.) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BBD.A.) (ME:BBD.B.) (TSE:BBD.B.) The Board of Directors of Bombardier Inc. today approved an increase of the dividend on the common shares of the Corporation. The quarterly dividend will rise from $0.0425 to $0.055 per share. Class A and Class B Shares A dividend of $0.055 per share on the Class A shares (multiple voting Noun 1. multiple voting - the act of voting in more than one place by the same person at the same election (illegal in U.S.) balloting, vote, voting, ballot - a choice that is made by counting the number of people in favor of each alternative; "there were only 17 ) and of $0.055 per share on the Class B shares (subordinate voting) is payable on May 31, 1999 to the shareholders of record at the close of business on May 17, 1999. Holders of Class B shares (subordinate voting) of record at the close of business on May 17, 1999, 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 first installment Regular, partial portion of the same debt, paid at successive periods as agreed by a debtor and creditor. An installment loan is designed to be repaid in certain specified, ordinarily equal amounts over a designated period, such as a year or a number of months. of $0.0007815 per share on May 31, 1999. |
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