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

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Gear Energy (TSX: GXE) (OTCQX: GENGF) has announced its monthly dividend for September 2024. The company will pay $0.005 per common share on September 27, 2024, to shareholders of record as of September 13, 2024. This dividend is designated as an 'eligible dividend' for Canadian income tax purposes, which may provide tax benefits to eligible shareholders. Gear Energy, an oil and gas company based in Calgary, Alberta, continues its practice of regular dividend payments, demonstrating a commitment to returning value to shareholders.

Gear Energy (TSX: GXE) (OTCQX: GENGF) ha annunciato il suo dividendo mensile per settembre 2024. L'azienda pagherà $0,005 per azione ordinaria il 27 settembre 2024 agli azionisti registrati entro il 13 settembre 2024. Questo dividendo è designato come un 'dividendo idoneo' ai fini fiscali canadesi, il che può fornire vantaggi fiscali agli azionisti idonei. Gear Energy, una compagnia di petrolio e gas con sede a Calgary, Alberta, continua la sua pratica di pagamenti regolari dei dividendi, dimostrando un impegno nel restituire valore agli azionisti.

Gear Energy (TSX: GXE) (OTCQX: GENGF) ha anunciado su dividendo mensual para septiembre de 2024. La compañía pagará $0.005 por acción ordinaria el 27 de septiembre de 2024 a los accionistas registrados a fecha de 13 de septiembre de 2024. Este dividendo se designa como 'dividendo elegible' para fines fiscales canadienses, lo que puede proporcionar beneficios fiscales a los accionistas elegibles. Gear Energy, una empresa de petróleo y gas con sede en Calgary, Alberta, continúa con su práctica de pagos regulares de dividendos, demostrando un compromiso de devolver valor a los accionistas.

Gear Energy (TSX: GXE) (OTCQX: GENGF)는 2024년 9월의 월간 배당금을 발표했습니다. 이 회사는 2024년 9월 27일주당 $0.005을 배당할 예정이며, 2024년 9월 13일 기준의 주주에게 지급됩니다. 이 배당금은 캐나다 소득세 목적상 '적격 배당금'으로 지정되어 있으며, 자격이 있는 주주에게 세금 혜택을 제공할 수 있습니다. 알버타주 캘거리 소재의 석유 및 가스 회사인 Gear Energy는 정기적인 배당금 지급 관행을 지속하며, 주주에게 가치를 환원하겠다는 commitment을 보여주고 있습니다.

Gear Energy (TSX: GXE) (OTCQX: GENGF) a annoncé son dividende mensuel pour septembre 2024. La société versera 0,005 $ par action ordinaire le 27 septembre 2024 aux actionnaires enregistrés au 13 septembre 2024. Ce dividende est qualifié de 'dividende admissible' aux fins des impôts canadiens, ce qui pourrait offrir des avantages fiscaux aux actionnaires admissibles. Gear Energy, une entreprise pétrolière et gazière basée à Calgary, Alberta, continue sa pratique régulière de versements de dividendes, démontrant ainsi son engagement à redonner de la valeur aux actionnaires.

Gear Energy (TSX: GXE) (OTCQX: GENGF) hat seine monatliche Dividende für September 2024 angekündigt. Das Unternehmen wird am 27. September 2024 $0,005 pro Stammaktie an die Aktionäre zahlen, die am 13. September 2024 eingetragen sind. Diese Dividende wird für kanadische Steuerzwecke als 'berechtigte Dividende' ausgewiesen, was den berechtigten Aktionären steuerliche Vorteile bieten kann. Gear Energy, ein Öl- und Gasunternehmen mit Sitz in Calgary, Alberta, setzt seine Praxis regelmäßiger Dividendenzahlungen fort und demonstriert damit das Engagement, den Aktionären Wert zurückzugeben.

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

Calgary, Alberta--(Newsfile Corp. - August 30, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the September 2024 monthly dividend of $0.005 per common share is to be paid on September 27, 2024, to shareholders of record on September 13, 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/221437

FAQ

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

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

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

Gear Energy (GENGF) will pay its September 2024 dividend on September 27, 2024.

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

The record date for Gear Energy 's (GENGF) September 2024 dividend is September 13, 2024.

Is Gear Energy 's (GENGF) September 2024 dividend considered an eligible dividend?

Yes, Gear Energy 's (GENGF) September 2024 dividend is designated as an 'eligible dividend' for Canadian income tax purposes.

GEAR ENERGY LTD

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