/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES/
TORONTO, May 19, 2016 /CNW/ - Medical Facilities Corporation
(TSX: DR) ("Medical Facilities" or the "Company") announced today that a cash dividend payment of Cdn$0.09375 per common share will be payable on June 15, 2016 to holders of record
of common shares at the close of business on May 31, 2016. This will be the Company's
146th consecutive dividend payment since inception.
The ex-dividend date for this distribution will be May 27, 2016. Medical Facilities designates
this dividend to be an "eligible dividend" pursuant to subsection 89(14) of the Income Tax Act (Canada) and its equivalent in any provinces of Canada.
About Medical Facilities Corporation
Medical Facilities owns controlling interests in four specialty surgical hospitals located in South Dakota, Arkansas and Oklahoma, as well
as an ambulatory surgery center in California. The specialty hospitals perform scheduled surgical,
imaging, diagnostic and other procedures, including primary and urgent care, and derive their revenue from the fees charged for the
use of their facilities. The ambulatory surgery center specializes in outpatient surgical procedures, with patient stays of less
than 24 hours. In addition, Medical Facilities owns controlling interest in a diversified healthcare service company located in
Oklahoma City that provides third-party business solutions to healthcare entities such as
physician practices, facilities, and insurance companies. Medical Facilities is structured so that a majority of its free cash flow
from operations is distributed to the holders of its common shares in the form of dividends. For more information, please visit
www.medicalfacilitiescorp.ca.
Caution concerning forward-looking statements
Statements made in this news release, other than those concerning historical financial information, may be
forward-looking and therefore subject to various risks and uncertainties. Some forward-looking statements may be identified
by words like "may", "will", "anticipate", "estimate", "expect", "intend", or "continue" or the negative thereof or similar
variations. Certain material factors or assumptions are applied in making forward-looking statements and actual results may
differ materially from those expressed or implied in such statements. Factors that could cause results to vary include those
identified in Medical Facilities' filings with Canadian securities regulatory authorities such as legislative or regulatory
developments, intensifying competition, technological change and general economic conditions. All forward-looking statements
presented herein should be considered in conjunction with such filings. Medical Facilities does not undertake to update any
forward-looking statements; such statements speak only as of the date made.
SOURCE Medical Facilities Corporation
