Epsilon Energy Ltd. Announces Quarterly Dividend

Rhea-AI Summary

Epsilon Energy (NASDAQ: EPSN) has declared a quarterly dividend of $0.0625 per share of common stock, which annualizes to $0.25 per share. The dividend will be paid on December 31, 2024, to stockholders of record as of December 16, 2024. The company confirms these are 'eligible dividends' as defined by Canadian Income Tax Act. Epsilon Energy operates as a North American onshore natural gas and oil production and gathering company with operations across Pennsylvania, Texas, Alberta, New Mexico, and Oklahoma.

Positive

• Maintaining consistent dividend payment, indicating financial stability
• Quarterly dividend of $0.0625 per share represents an annualized return of $0.25 per share for shareholders
• Diversified operations across multiple North American regions

Negative

• None.

- Board declares dividend of $0.0625 per common share

HOUSTON, Nov. 26, 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 December 16, 2024, payable on December 31, 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, Alberta, 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

When is Epsilon Energy (EPSN) paying its next dividend?

Epsilon Energy (EPSN) will pay its quarterly dividend of $0.0625 per share on December 31, 2024.

What is the record date for Epsilon Energy's (EPSN) December 2024 dividend?

The record date for Epsilon Energy's December 2024 dividend is December 16, 2024.

How much is Epsilon Energy's (EPSN) annualized dividend per share?

Epsilon Energy's annualized dividend is $0.25 per share, based on quarterly payments of $0.0625.

Are Epsilon Energy (EPSN) dividends considered eligible dividends for Canadian tax purposes?

Yes, all dividends paid by Epsilon Energy are considered 'eligible dividends' as defined in the Canadian Income Tax Act.