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

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Gear Energy (TSX: GXE) (OTCQX: GENGF) has announced its monthly dividend for October 2024. Shareholders will receive $0.005 per common share, payable on October 31, 2024. The record date for this dividend is October 15, 2024. Gear Energy has designated this dividend as an 'eligible dividend' for Canadian income tax purposes. This announcement demonstrates the company's commitment to providing regular returns to its shareholders, which may be viewed positively by investors seeking steady income from their investments.

Gear Energy (TSX: GXE) (OTCQX: GENGF) ha annunciato il suo dividendo mensile per ottobre 2024. Gli azionisti riceveranno $0,005 per azione ordinaria, pagabile il 31 ottobre 2024. La data di registrazione per questo dividendo è il 15 ottobre 2024. Gear Energy ha designato questo dividendo come un 'dividendo idoneo' ai fini fiscali canadesi. Questo annuncio dimostra l'impegno della società a fornire rendimenti regolari ai propri azionisti, il che potrebbe essere visto positivamente dagli investitori in cerca di un reddito costante dai loro investimenti.

Gear Energy (TSX: GXE) (OTCQX: GENGF) ha anunciado su dividendo mensual para octubre de 2024. Los accionistas recibirán $0.005 por acción ordinaria, pagadero el 31 de octubre de 2024. La fecha de registro para este dividendo es el 15 de octubre de 2024. Gear Energy ha designado este dividendo como un 'dividendo elegible' para propósitos fiscales en Canadá. Este anuncio demuestra el compromiso de la compañía de proporcionar rendimientos regulares a sus accionistas, lo que podría ser visto positivamente por los inversores que buscan ingresos estables de sus inversiones.

기어 에너지 (TSX: GXE) (OTCQX: GENGF)는 2024년 10월의 월 배당금을 발표했습니다. 주주들은 보통 주식 1주당 $0.005를 수령하게 됩니다, 지급일은 2024년 10월 31일입니다. 이번 배당금의 기록일자는 2024년 10월 15일입니다. 기어 에너지는 이번 배당금을 캐나다 소득세 목적의 '적격 배당금'으로 지정했습니다. 이 발표는 회사가 주주에게 정기적인 수익을 제공하는 것에 대한 의지를 보여주며, 이는 안정적인 수익을 원하는 투자자에게 긍정적으로 평가될 수 있습니다.

Gear Energy (TSX: GXE) (OTCQX: GENGF) a annoncé son dividende mensuel pour octobre 2024. Les actionnaires recevront 0,005 $ par action ordinaire, payable le 31 octobre 2024. La date d'enregistrement pour ce dividende est le 15 octobre 2024. Gear Energy a désigné ce dividende comme un 'dividende éligible' aux fins de l'impôt sur le revenu canadien. Cette annonce démontre l'engagement de l'entreprise à fournir des rendements réguliers à ses actionnaires, ce qui pourrait être perçu positivement par les investisseurs à la recherche d'un revenu stable de leurs investissements.

Gear Energy (TSX: GXE) (OTCQX: GENGF) hat seine monatliche Dividende für Oktober 2024 bekannt gegeben. Aktionäre erhalten $0,005 pro Stammaktie, zahlbar am 31. Oktober 2024. Der Stichtag für diese Dividende ist der 15. Oktober 2024. Gear Energy hat diese Dividende als 'berechtigte Dividende' für kanadische Einkommensteuerzwecke festgelegt. Diese Ankündigung zeigt das Engagement des Unternehmens, seinen Aktionären regelmäßige Renditen zu bieten, was von Investoren, die eine stetige Einkommensquelle aus ihren Investitionen suchen, positiv angesehen werden könnte.

Positive
  • Consistent monthly dividend payment of $0.005 per share
  • Dividend qualifies as 'eligible dividend' for Canadian tax purposes
Negative
  • None.

Calgary, Alberta--(Newsfile Corp. - October 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the October 2024 monthly dividend of $0.005 per common share is to be paid on October 31, 2024, to shareholders of record on October 15, 2024.

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

FOR FURTHER INFORMATION PLEASE CONTACT:

Kevin Johnson 
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/224427

FAQ

What is the dividend amount for Gear Energy (GENGF) in October 2024?

Gear Energy (GENGF) has declared a dividend of $0.005 per common share for October 2024.

When will Gear Energy (GENGF) pay its October 2024 dividend?

The October 2024 dividend for Gear Energy (GENGF) will be paid on October 31, 2024.

What is the record date for Gear Energy 's (GENGF) October 2024 dividend?

The record date for Gear Energy 's (GENGF) October 2024 dividend is October 15, 2024.

Is Gear Energy 's (GENGF) October 2024 dividend considered an eligible dividend for Canadian tax purposes?

Yes, Gear Energy (GENGF) has designated the October 2024 dividend as an 'eligible dividend' for Canadian income tax purposes.

GEAR ENERGY LTD

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