Burnham Holdings, Inc. Declares Dividend and Announces Results of the Annual Meeting Shareholders' Vote

Rhea-AI Summary

Burnham Holdings, Inc., a leading domestic manufacturer of boilers and furnaces, announced the results of the shareholder vote from the Annual Meeting and declared dividends. The company also released its financial results for the first quarter of 2024.

Positive

• The shareholders voted in favor of electing three directors and appointing an independent auditing firm.
• Burnham Holdings, Inc. declared a quarterly common stock dividend of $0.23 per share and a semi-annual preferred stock dividend of $1.50 per share.
• The dividends are payable on June 27, 2024, with a record date of June 20, 2024.
• The company also announced its financial results for the first quarter of 2024.
• Burnham Holdings, Inc. is the parent company of multiple subsidiaries specializing in HVAC products for various applications.

Negative

• None.

LANCASTER, Pa., April 22, 2024 /PRNewswire/ -- Burnham Holdings, Inc., (OTC-Pink: BURCA), the parent company of multiple subsidiaries that are leading domestic manufacturers of boilers, furnaces and related HVAC products and accessories for residential, commercial, and industrial applications, announced the results of the shareholder vote from today's Annual Meeting and declared common and preferred stock dividends.

The annual meeting of Burnham Holdings, Inc. was held today in Lancaster, PA, beginning at 11:30 am, with shareholders voting favorably on two proposals:

• The election of Douglas S. Brossman, Christopher R. Drew and Laura T. Wand as directors for three-year terms ending in 2027; and
• The appointment of Baker Tilly US, LLP, or other auditing firm as the Board may select, as independent auditors for the 2024 year.

At its meeting on April 22, 2024, Burnham Holdings, Inc.'s Board of Directors declared a quarterly common stock dividend of $0.23 per share and a semi-annual preferred stock dividend of $1.50 per share, both payable June 27, 2024 with a record date of June 20, 2024.

Earlier today, Burnham Holdings, Inc. announced the financial results for the first quarter of 2024.

View original content:https://www.prnewswire.com/news-releases/burnham-holdings-inc-declares-dividend-and-announces-results-of-the-annual-meeting-shareholders-vote-302123671.html

SOURCE Burnham Holdings, Inc.

FAQ

What dividends did Burnham Holdings, Inc. declare?

Burnham Holdings, Inc. declared a quarterly common stock dividend of $0.23 per share and a semi-annual preferred stock dividend of $1.50 per share.

When are the dividends payable?

The dividends are payable on June 27, 2024.

Who were elected as directors for three-year terms?

Douglas S. Brossman, Christopher R. Drew, and Laura T. Wand were elected as directors for three-year terms ending in 2027.

When was the Annual Meeting held?

The Annual Meeting was held on April 22, 2024, in Lancaster, PA.

What did Burnham Holdings, Inc. announce about its financial results?

The company announced the financial results for the first quarter of 2024.

What is the stock symbol for Burnham Holdings, Inc.?

The stock symbol for Burnham Holdings, Inc. is BURCA.