Epsilon Energy Ltd. Announces Quarterly Dividend

Epsilon Energy (NASDAQ: EPSN) has declared a quarterly dividend of $0.0625 per share of common stock, totaling $0.25 annualized.

Rhea-AI Summary

Epsilon Energy (NASDAQ: EPSN) has declared a quarterly dividend of $0.0625 per share of common stock, totaling $0.25 annualized. Shareholders of record by June 14, 2024, will receive the dividend payment on June 28, 2024.

The dividends qualify as 'eligible dividends' under subsection 89(1) of the Income Tax Act of Canada. Epsilon Energy is a North American onshore natural gas and oil production and gathering company with operations in Pennsylvania, Texas, New Mexico, and Oklahoma.

Positive

• The company declared a quarterly dividend of $0.0625 per share, which is $0.25 annualized.
• All dividends qualify as 'eligible dividends' under the Income Tax Act of Canada.
• The dividend will be paid on June 28, 2024, to shareholders of record by June 14, 2024.

Negative

• None.

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News Market Reaction – EPSN

The recorded move for EPSN in the trading session of this news was +0.94%.

Data tracked by StockTitan Argus. Session date unavailable.

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HOUSTON, May 31, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that its Board of Directors has declared a dividend of $0.0625 per share of common stock (annualized $0.25/sh) to the stock holders of record at the close of business on June 14, 2024, payable on June 28, 2024. All dividends paid by the Company are “eligible dividends” as defined in subsection 89(1) of the Income Tax Act (Canada), unless indicated otherwise.

About Epsilon

Epsilon Energy Ltd. is a North American onshore natural gas and oil production and gathering company with assets in Pennsylvania, Texas, New Mexico, and Oklahoma.

Contact Information:

281-670-0002

Jason Stabell
Chief Executive Officer
Jason.Stabell@EpsilonEnergyLTD.com

Andrew Williamson
Chief Financial Officer
Andrew.Williamson@EpsilonEnergyLTD.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend declared by Epsilon Energy (EPSN)?

Epsilon Energy declared a quarterly dividend of $0.0625 per share of common stock.

When is the record date for Epsilon Energy's (EPSN) latest dividend?

The record date for Epsilon Energy's latest dividend is June 14, 2024.

When will Epsilon Energy (EPSN) pay the announced dividend?

Epsilon Energy will pay the announced dividend on June 28, 2024.

How much is the annualized dividend of Epsilon Energy (EPSN)?

The annualized dividend of Epsilon Energy is $0.25 per share.

Are Epsilon Energy's (EPSN) dividends eligible under the Income Tax Act of Canada?

Yes, the dividends are eligible under subsection 89(1) of the Income Tax Act of Canada.