Burnham Holdings, Inc. Announces Dividend and Annual Meeting Date
Rhea-AI Summary
Burnham Holdings (OTC: BURCA) declared cash dividends on both common and preferred stock and set its 2026 annual meeting date.
The Board approved a quarterly common dividend of $0.23 per share and a semi-annual preferred dividend of $1.50 per share, both payable on December 30, 2025 with a record date of December 18, 2025. The company also scheduled its Annual Meeting to be held virtually on Monday, April 27, 2026 at 11:30 a.m. ET. Burnham Holdings is the parent of domestic boiler manufacturing subsidiaries and trades under the ticker BURCA on the OTC exchange.
Positive
- Common dividend of $0.23 per share declared
- Preferred dividend of $1.50 per share declared
- Both dividends payable on Dec 30, 2025
Negative
- Record date Dec 18, 2025 limits eligible shareholders
- Dividends create a company cash outflow on Dec 30, 2025
Key Figures
Market Reality Check
Peers on Argus
Peers show mixed and mostly flat moves, with one notable decliner (OATN at -33.33%) while other high-affinity names are unchanged, suggesting this dividend news is stock-specific rather than part of a coordinated sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Oct 24 | Facility expansion | Positive | +3.3% | Opened 45,000-square-foot condensing center to boost high-efficiency boiler output. |
| Oct 23 | Earnings update | Positive | +3.3% | Reported Q3 2025 sales and income growth plus gain on divestitures and pension actions. |
| Jul 24 | Earnings & dividend | Positive | +0.0% | Posted strong Q2 2025 results, strategic divestitures, and declared a $0.23 dividend. |
Recent news, including earnings strength and manufacturing expansion, has generally seen positive or stable price reactions, suggesting constructive market reception to operational and capital-return updates.
Over the past few quarters, Burnham Holdings has reported growing net sales and improving earnings, alongside strategic portfolio actions like divestitures and a focus on core boiler and services operations. The company opened a 45,000-square-foot Condensing Center of Excellence to expand high-efficiency production and support U.S. manufacturing. Dividend declarations at $0.23 common and $1.50 preferred have been consistent, framing today’s dividend and annual meeting announcement within an ongoing pattern of steady capital returns and operational investment.
Market Pulse Summary
This announcement maintained Burnham Holdings’ established capital-return pattern, with a quarterly common dividend of $0.23 per share and a semi-annual preferred dividend of $1.50, both payable on December 30, 2025 to holders of record on December 18, 2025. The company also set a virtual annual meeting for April 27, 2026. Investors may track future dividend declarations, cash generation from operations, and any strategic updates discussed at the meeting.
Key Terms
preferred stock financial
record date financial
OTC Exchange financial
AI-generated analysis. Not financial advice.
BHI's Board of Directors declared a quarterly common stock dividend of
Burnham Holdings, Inc.'s Annual Meeting will be held virtually via a secure website meeting platform on Monday, April 27, 2026, beginning at 11:30 a.m. eastern.
About Burnham Holdings, Inc.: BHI is the parent company of multiple subsidiaries that are leading domestic manufacturers of boilers for residential applications. Additionally, through its various subsidiaries it serves the commercial / industrial boiler markets with a variety of boiler products, rental trailers and boiler room services. BHI is listed on the OTC Exchange under the ticker symbol "BURCA". For more information, please visit www.burnhamholdings.com.
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SOURCE Burnham Holdings, Inc.