Gamehost Announces Regular Monthly Dividend for January

Rhea-AI Summary

Gamehost has announced its regular monthly dividend for January 2025, declaring a cash dividend of $0.05 (CDN) per common share, equivalent to $0.60 (CDN) per common share annually. The dividend will be paid on February 14, 2025 to shareholders of record on January 31, 2025.

The dividend qualifies as an 'Eligible Dividend,' providing Canadian shareholders with enhanced gross-up and dividend tax credit benefits. Gamehost operates several properties in Alberta, including the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino, Service Plus Inns & Suites and Encore Suites hotels with a strip mall in Grande Prairie, and the Deerfoot Inn & Casino in S.E. Calgary. The company's shares trade on the Toronto Stock Exchange under the symbol GH.

Positive

• Regular monthly dividend payment maintained at $0.05 per share
• Dividend qualifies for enhanced tax benefits for Canadian shareholders
• Diversified operations across multiple Alberta locations

Negative

• None.

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

RED DEER, AB / ACCESS Newswire / January 16, 2025 / Gamehost Inc. (‘Gamehost', the ‘Company') (TSX:GH)

Gamehost has declared a cash dividend for the month of January 2025 of $0.05 (CDN) per common share, which equates to $0.60 (CDN) per common share on an annualized basis. The dividend will be paid on February 14, 2025 to shareholders of record on January 31, 2025.

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 ACCESS Newswire

FAQ

What is Gamehost's (GHIFF) dividend amount for January 2025?

Gamehost declared a cash dividend of $0.05 (CDN) per common share for January 2025, which equals $0.60 (CDN) per share annually.

When is Gamehost's January 2025 dividend payment date?

The January 2025 dividend will be paid on February 14, 2025, to shareholders of record on January 31, 2025.

Is Gamehost's dividend considered an Eligible Dividend for tax purposes?

Yes, the dividend is considered an 'Eligible Dividend' and qualifies for enhanced gross-up and dividend tax credit benefits for Canadian shareholders.

What properties does Gamehost (GHIFF) operate in Alberta?

Gamehost operates the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino, Service Plus Inns & Suites and Encore Suites hotels with a strip mall in Grande Prairie, and the Deerfoot Inn & Casino in Calgary.