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Gamehost Inc. (TSX:GH) has declared a monthly cash dividend of $0.04 (CDN) per common share for September 2024, equivalent to $0.48 (CDN) per share annually. The dividend will be paid on October 15, 2024 to shareholders of record on September 30, 2024. This dividend qualifies as an "Eligible Dividend" for Canadian tax purposes. Gamehost operates in Alberta, Canada, with properties including the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino and hotels in Grande Prairie, and the Deerfoot Inn & Casino in Calgary.
Gamehost Inc. (TSX:GH) reported its Q2 2024 financial results, showing a 2.5% decrease in operating revenue to $20,303,500 and an 8.9% decline in EBITDA to $7,991,200 compared to Q2 2023. Earnings per share for the quarter were $0.23, down from $0.25 in the previous year. Despite solid growth in table activity, lower-than-average Hold % at Deerfoot and temporary closure of Rivers casino due to wildfire threat impacted overall revenue. The company repurchased 131,700 shares for $1,354,700 and reduced debt by $753,000 during the quarter. Gamehost declared a cash dividend of $0.04 per common share for August 2024, payable on September 13, 2024.
Gamehost Inc. (TSX:GH) has announced a regular monthly dividend of $0.04 (CDN) per common share for July 2024. This equates to $0.48 (CDN) per common share annually. The dividend will be paid on August 15, 2024 to shareholders of record on July 31, 2024. This dividend is considered an "Eligible Dividend" for Canadian tax purposes.
Gamehost operates in Alberta, Canada, with properties including the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino and hotels in Grande Prairie, and the Deerfoot Inn & Casino in Calgary. The company's shares trade on the Toronto Stock Exchange under the symbol GH.
Gamehost announced that all motions put forward at its Annual General Meeting (AGM) on May 9, 2023, were approved by shareholders. A total of 12,237,525 votes (99.97%) were cast to fix the number of directors at six. The directors elected include David Will (95.89% votes), Darcy Will (95.88%), James McPherson (77.52%), Timothy Sebastian (77.50%), Jerry Van Someren (95.97%), and Peter Miles (95.73%). Additionally, Pivotal LLP was appointed as the auditors for the ensuing year, receiving 11,795,636 votes (96.00%) in favor. The meeting underscored strong shareholder support for the proposed leadership and auditing choices.
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