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Pine Cliff Energy Ltd. Declares Monthly Dividend for October 31, 2024

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Pine Cliff Energy (TSX: PNE) (OTCQX: PIFYF) has announced a regular monthly dividend of $0.005 per common share for October 2024. The dividend is scheduled to be paid on October 31, 2024, to shareholders of record as of October 15, 2024. Pine Cliff has indicated that this dividend, along with future dividends, are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. This announcement demonstrates the company's commitment to providing regular returns to its shareholders.

Pine Cliff Energy (TSX: PNE) (OTCQX: PIFYF) ha annunciato un dividendo mensile regolare di $0.005 per azione ordinaria per ottobre 2024. Il pagamento del dividendo è previsto per il 31 ottobre 2024, a favore degli azionisti registrati al 15 ottobre 2024. Pine Cliff ha indicato che questo dividendo, insieme ai dividendi futuri, sarà designato come dividendo non idoneo ai fini della tassazione sul reddito in Canada fino a nuove comunicazioni. Questo annuncio dimostra l'impegno dell'azienda nel fornire ritorni regolari ai propri azionisti.

Pine Cliff Energy (TSX: PNE) (OTCQX: PIFYF) ha anunciado un dividendo mensual regular de $0.005 por acción ordinaria para octubre de 2024. Se programó el pago del dividendo para el 31 de octubre de 2024, a los accionistas registrados a partir del 15 de octubre de 2024. Pine Cliff ha indicado que este dividendo, junto con los dividendos futuros, se espera que sea designado como dividendo no elegible para fines del impuesto sobre la renta en Canadá hasta nuevo aviso. Este anuncio demuestra el compromiso de la empresa de proporcionar retornos regulares a sus accionistas.

파인 클리프 에너지 (TSX: PNE) (OTCQX: PIFYF)는 2024년 10월에 정기 월 배당금으로 주당 $0.005를 발표했습니다. 배당금은 2024년 10월 31일에 지급될 예정이며, 2024년 10월 15일 기준 주주에게 지급됩니다. 파인 클리프는 이 배당금과 앞으로의 배당금이 캐나다 소득세 목적을 위해 비적격 배당금으로 지정될 것이라고 밝혔습니다. 이번 발표는 회사가 주주들에게 정기적인 수익을 제공하겠다는 의지를 보여줍니다.

Pine Cliff Energy (TSX: PNE) (OTCQX: PIFYF) a annoncé un dividende mensuel régulier de $0.005 par action ordinaire pour octobre 2024. Le paiement du dividende est prévu pour le 31 octobre 2024, pour les actionnaires inscrits au 15 octobre 2024. Pine Cliff a indiqué que ce dividende, ainsi que les dividendes futurs, devraient être désignés comme dividendes non admissibles à des fins fiscales au Canada jusqu'à nouvel ordre. Cette annonce démontre l'engagement de l'entreprise à fournir des retours réguliers à ses actionnaires.

Pine Cliff Energy (TSX: PNE) (OTCQX: PIFYF) hat eine reguläre monatliche Dividende von $0.005 pro Stammaktie für Oktober 2024 angekündigt. Die Dividende soll am 31. Oktober 2024 an die zum 15. Oktober 2024 registrierten Aktionäre ausgezahlt werden. Pine Cliff hat angegeben, dass diese Dividende zusammen mit zukünftigen Dividenden voraussichtlich als nicht berechtigter Dividende für kanadische Einkommenssteuerzwecke bis auf weiteres ausgewiesen werden. Diese Ankündigung zeigt das Engagement des Unternehmens, seinen Aktionären regelmäßige Erträge zu bieten.

Positive
  • Regular monthly dividend payment of $0.005 per share
  • Consistent dividend policy indicating financial stability
Negative
  • Dividends designated as non-eligible for Canadian tax purposes

Calgary, Alberta--(Newsfile Corp. - October 2, 2024) - 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 October 31, 2024, to shareholders of record on October 15, 2024. 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225365

FAQ

What is the dividend amount declared by Pine Cliff Energy (PIFYF) for October 2024?

Pine Cliff Energy (PIFYF) has declared a regular monthly dividend of $0.005 per common share for October 2024.

When will Pine Cliff Energy (PIFYF) pay its October 2024 dividend?

Pine Cliff Energy (PIFYF) will pay its October 2024 dividend on October 31, 2024, to shareholders of record on October 15, 2024.

How are Pine Cliff Energy (PIFYF) dividends classified for Canadian income tax purposes?

Pine Cliff Energy (PIFYF) dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice.

What is the frequency of dividend payments for Pine Cliff Energy (PIFYF)?

Pine Cliff Energy (PIFYF) pays regular monthly dividends to its shareholders.

PINE CLIFF ENERGY LTD

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