Bombardier Inc. Increases Dividends.Business Editors MONTREAL--(BUSINESS WIRE)--April 20, 2001 The Board of Directors of Bombardier Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :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:BBD.B.) today approved an increase of the dividend on the common shares of the Corporation. The quarterly dividend will rise from $0.03375 to $0.045 per share. Class A and Class B Shares A dividend of $0.045 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 $0.045 per share on the Class B shares (subordinate voting) is payable on May 31, 2001 to the shareholders of record at the close of business on May 14, 2001. Holders of Class B shares (subordinate voting) of record at the close of business on May 14, 2001 who have a right to a priority dividend at the rate of $0.0015625 per share per year, payable by quarterly installments of $0.00039075, will receive the first installment of $0.00039075 per share on May 31, 2001. Bombardier Inc., a diversified manufacturing and service company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized mo·tor·ize tr.v. mo·tor·ized, mo·tor·iz·ing, mo·tor·iz·es 1. To equip with a motor. 2. To supply with motor-driven vehicles. 3. To provide with automobiles. recreational products. It is also a provider of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and asset management. The Corporation employs 58,000 people in 12 countries in North America, Europe and Asia, and more than 90% of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion. |
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