Pine Cliff Energy Ltd. Declares Monthly Dividend for January 31, 2025

Pine Cliff Energy (TSX: PNE, OTCQX: PIFYF) has announced its regular monthly dividend declaration of $0.005 per common share for January 2025.

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

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

Argus Session date unavailable

-0.30% session move Open Argus

Details

News Market Reaction – PIFYF

The recorded move for PIFYF in the trading session of this news was -0.30%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

01/03/2025 - 01:55 PM

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 $0.005 per common share to be paid January 31, 2025, to shareholders of record on January 15, 2025. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice.

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.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235980

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Pine Cliff Energy (PIFYF) announced for January 2025?

Pine Cliff Energy announced a monthly dividend of $0.005 per common share for January 2025.

When is the payment date for Pine Cliff Energy's January 2025 dividend?

The dividend payment date is January 31, 2025.

What is the record date for Pine Cliff Energy's January 2025 dividend?

The record date for the dividend is January 15, 2025.

Are Pine Cliff Energy's dividends considered eligible dividends for Canadian tax purposes?

No, the dividends are designated as non-eligible dividends for Canadian income tax purposes until further notice.

Pine Cliff Energy Ltd. Declares Monthly Dividend for January 31, 2025