Gear Energy Ltd. Confirms Monthly Dividend for February of $0.005 per Share

Rhea-AI Summary

Gear Energy Ltd. announces the February 2024 monthly dividend of $0.005 per common share, to be paid on February 29, 2024, designated as an 'eligible dividend' for Canadian income tax purposes.

Calgary, Alberta--(Newsfile Corp. - February 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the February 2024 monthly dividend of $0.005 per common share is to be paid on February 29, 2024, to shareholders of record on February 15, 2024.

The dividend is designated as an "eligible dividend" for Canadian income tax purposes.

FOR FURTHER INFORMATION PLEASE CONTACT:

Ingram Gillmore
President & CEO
403-538-8463

David Hwang
Vice President Finance & CFO
403-538-8437

Email: info@gearenergy.com
Website: www.gearenergy.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/196244

FAQ

When is Gear Energy Ltd. paying the February 2024 dividend to shareholders?

The February 2024 monthly dividend of $0.005 per common share is to be paid on February 29, 2024.

What is the dividend amount per common share for February 2024?

The dividend amount per common share for February 2024 is $0.005.

What is the record date for shareholders to receive the February 2024 dividend?

Shareholders of record on February 15, 2024, will receive the February 2024 dividend.

What is the tax designation for the February 2024 dividend for Canadian income tax purposes?

The February 2024 dividend is designated as an 'eligible dividend' for Canadian income tax purposes.