GameHost Announces Regular Monthly Dividend for October

Rhea-AI Summary

GameHost Inc. (TSX:GH) has announced a regular monthly dividend for October 2024. The company will pay $0.04 (CDN) per common share on November 15, 2024, to shareholders of record on October 31, 2024. This equates to $0.48 (CDN) per common share on an annualized basis. The dividend is considered an "Eligible Dividend" for Canadian tax purposes.

GameHost operates in Alberta, Canada, with properties including the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino, Service Plus Inns & Suites, Encore Suites hotels, a strip mall in Grande Prairie, and the Deerfoot Inn & Casino in S.E. Calgary. The company's common shares trade on the Toronto Stock Exchange (TSX) under the symbol GH.

Positive

• Regular monthly dividend payment of $0.04 (CDN) per common share
• Annualized dividend of $0.48 (CDN) per common share
• Dividend qualifies as an "Eligible Dividend" for enhanced tax benefits to Canadian shareholders

Negative

• None.

Not intended for distribution to U.S. newswire services or for dissemination in the U.S.

RED DEER, AB / ACCESSWIRE / October 17, 2024 / Gamehost Inc. (‘Gamehost', the ‘Company') (TSX:GH) has declared a cash dividend for the month of October 2024 of $0.04 (CDN) per common share, which equates to $0.48 (CDN) per common share on an annualized basis. The dividend will be paid on November 15, 2024 to shareholders of record on October 31, 2024.

This dividend is considered an "Eligible Dividend" and therefore, eligible for the enhanced gross-up and dividend tax credit available to Canadian shareholders.

Gamehost is a corporation established under the laws of the Province of Alberta. The Company's operations are all located in the Province of Alberta, Canada. Operations of the Company include the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino, Service Plus Inns & Suites and Encore Suites hotels as well as a strip mall all located in Grande Prairie and the Deerfoot Inn & Casino in S.E. Calgary.

Gamehost common shares trade on the Toronto Stock Exchange (TSX) under the symbol GH. For more information, visit www.gamehost.ca. Complete disclosure of the Company can be found on SEDAR at www.sedar.com.

The TSX does not accept responsibility for the adequacy or accuracy of this release.

For more information, contact:

Craig M. Thomas or;
Darcy J. Will
Toll free (877) 703-4545
(403) 346-4545
Fax (403) 340-0683
Email ir@gamehost.ca

SOURCE: Gamehost Inc.

View the original press release on accesswire.com

FAQ

What is the dividend amount for GameHost Inc. (GHIFF) for October 2024?

GameHost Inc. (GHIFF) has declared a cash dividend of $0.04 (CDN) per common share for October 2024.

When will GameHost Inc. (GHIFF) pay its October 2024 dividend?

GameHost Inc. (GHIFF) will pay the October 2024 dividend on November 15, 2024, to shareholders of record on October 31, 2024.

What is the annualized dividend for GameHost Inc. (GHIFF) based on the October 2024 payment?

Based on the October 2024 payment, the annualized dividend for GameHost Inc. (GHIFF) is $0.48 (CDN) per common share.

Is GameHost Inc.'s (GHIFF) dividend considered an 'Eligible Dividend' for tax purposes?

Yes, GameHost Inc.'s (GHIFF) dividend is considered an 'Eligible Dividend' and is eligible for enhanced gross-up and dividend tax credit for Canadian shareholders.