Burnham Holdings, Inc. Reports Shareholder Votes and Dividend News
Burnham Holdings, Inc. Shares Annual Meeting Results and Dividends
Burnham Holdings, Inc. (OTC-Pink: BURCA) proudly announced the results of its recent Annual Meeting, where shareholders expressed their confidence in the company's direction. Alongside the voting outcomes, the company also declared dividends for its common and preferred stock, a significant step demonstrating commitment to its investors.
Key Voting Outcomes from the Annual Meeting
The Annual Meeting took place with shareholders showcasing their approval on two vital proposals. The first proposal was the election of Christopher E. Pruitt, J. David W. Reeves, and Donald A. Stern as directors. Each will serve three-year terms, emphasizing the board's continuity and direction until at least 2028.
Appointment of Independent Auditors
In addition to the director elections, shareholders approved the appointment of Baker Tilly US, LLP as independent auditors for the upcoming 2025 fiscal year. This decision reflects BHI's dedication to maintaining transparency and upholding high financial standards.
Dividends Declared for Shareholders
Following the meeting, Burnham Holdings’ Board of Directors met to announce a positive development for investors. The board declared a quarterly common stock dividend of $0.23 per share, coupled with a semi-annual preferred stock dividend of $1.50 per share. This means shareholders can expect valuable financial returns on their investments.
Record Dates and Payment Schedule
Shareholders should mark their calendars as both dividends are set to be payable on June 26, with a record date of June 19. This timely decision showcases the robust financial health and planning of BHI, ensuring that shareholders are rewarded for their loyalty.
About Burnham Holdings, Inc.
Burnham Holdings, Inc. serves as the parent company for several subsidiaries that lead the market in manufacturing boilers, furnaces, and HVAC-related products. These offerings cater to a range of sectors, including residential, commercial, and industrial applications, solidifying BHI’s position as a top-tier supplier in the heating industry. Listed under the ticker symbol "BURCA", Burnham Holdings exemplifies ongoing improvement and attentiveness to investor needs. To learn more about their extensive product range and business information, visit their official website.
Frequently Asked Questions
What were the main proposals voted on during the Annual Meeting?
Shareholders voted on the election of directors and the appointment of independent auditors.
What is the amount of the quarterly common stock dividend?
The quarterly common stock dividend is set at $0.23 per share.
When will the declared dividends be paid out?
Both dividends will be paid on June 26, with a record date of June 19.
Who were elected as directors for Burnham Holdings?
The elected directors are Christopher E. Pruitt, J. David W. Reeves, and Donald A. Stern.
What industry does Burnham Holdings, Inc. operate in?
Burnham Holdings, Inc. operates in the HVAC industry, producing boilers and furnaces for various applications.
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