LANCASTER, PA — Burnham Holdings, Inc. (OTC-Pink: BURCA) said its board of directors has approved dividends on both its common and preferred stock while also setting the date for its annual shareholders meeting, signaling operational continuity for the boiler manufacturer.
The company declared a quarterly common stock dividend of $0.23 per share and a semi-annual preferred stock dividend of $1.50 per share. Both dividends will be payable December 30, 2025, to shareholders of record as of December 18, 2025.
Burnham Holdings also announced that its annual meeting of shareholders will be held virtually on Monday, April 27, 2026, beginning at 11:30 a.m. eastern time. The meeting will be conducted through a secure online platform, continuing a trend among smaller public companies to reduce costs while maintaining shareholder access.
Based in Lancaster, Burnham Holdings is the parent company of several subsidiaries that manufacture boilers for residential use and serve commercial and industrial boiler markets. Through its operating companies, Burnham provides a range of boiler products, rental trailer units, and boiler room services across domestic markets.
The dividend declaration reflects the company’s ongoing focus on returning capital to shareholders while operating in a sector shaped by replacement demand, energy efficiency standards, and fluctuating construction activity.
Burnham Holdings trades on the OTC Exchange under the ticker symbol BURCA.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.