Pine Cliff Energy Ltd. Declares Monthly Dividend for January 31, 2025
Rhea-AI Summary
Pine Cliff Energy (TSX: PNE, OTCQX: PIFYF) has announced its regular monthly dividend declaration of $0.005 per common share for January 2025. The dividend will be paid on January 31, 2025, to shareholders of record as of January 15, 2025. The company has indicated that this dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice.
Positive
- Consistent monthly dividend payment maintained at $0.005 per share
Negative
- Dividends designated as non-eligible, resulting in less favorable tax treatment for Canadian shareholders
Calgary, Alberta--(Newsfile Corp. - January 3, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of
About Pine Cliff
Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value. Further information relating to Pine Cliff may be found on sedarplus.ca as well as on Pine Cliff's website at www.pinecliffenergy.com.
For further information, please contact:
Philip B. Hodge – President and CEO
Kristopher B. Zack – CFO and Corporate Secretary
Telephone: (403) 269-2289
Fax: (403) 265-7488
Email: info@pinecliffenergy.com
The TSX does not accept responsibility for the accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235980
FAQ
What is the dividend amount for Pine Cliff Energy (PIFYF) announced for January 2025?
When is the payment date for Pine Cliff Energy's January 2025 dividend?
What is the record date for Pine Cliff Energy's January 2025 dividend?
Are Pine Cliff Energy's dividends considered eligible dividends for Canadian tax purposes?
