Gamehost Announces Regular Monthly Dividend for December

Rhea-AI Summary

Gamehost has announced its regular monthly dividend for December 2024 of $0.05 CDN per common share, equivalent to $0.60 CDN annually. The dividend will be paid on January 15, 2025 to shareholders of record on December 31, 2024. This qualifies as an 'Eligible Dividend' for Canadian shareholders, offering enhanced gross-up and dividend tax credit benefits.

The company operates the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino, Service Plus Inns & Suites and Encore Suites hotels, a strip mall in Grande Prairie, and the Deerfoot Inn & Casino in S.E. Calgary. Gamehost trades on the Toronto Stock Exchange under the symbol GH.

Positive

• Consistent monthly dividend payment of $0.05 CDN per share
• Annualized dividend yield of $0.60 CDN per share
• Dividend qualifies for enhanced tax benefits for Canadian shareholders

Negative

• None.

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

RED DEER, AB / ACCESSWIRE / December 16, 2024 / Gamehost Inc. (‘Gamehost', the ‘Company') (TSX:GH)

Gamehost has declared a cash dividend for the month of December 2024 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 January 15, 2025 to shareholders of record on December 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 Gamehost's December 2024 dividend amount per share?

Gamehost's dividend for December 2024 is $0.05 CDN per common share.

When will Gamehost (GH) pay its December 2024 dividend?

The December 2024 dividend will be paid on January 15, 2025 to shareholders of record on December 31, 2024.

What is Gamehost's annual dividend rate for 2024?

Gamehost's annual dividend rate is $0.60 CDN per common share, based on monthly payments of $0.05 CDN.

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

Yes, Gamehost's dividend qualifies as an Eligible Dividend, offering enhanced gross-up and dividend tax credit benefits for Canadian shareholders.

What properties does Gamehost operate in Alberta?

Gamehost operates 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 Calgary.