Pine Cliff Energy Ltd. Declares Monthly Dividend for September 27, 2024
Pine Cliff Energy (TSX: PNE) (OTCQX: PIFYF) has announced a regular monthly dividend of $0.005 per common share. The dividend will be paid on September 27, 2024, to shareholders of record as of September 16, 2024. Pine Cliff has indicated that this dividend, along with future dividends, is expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. This announcement demonstrates the company's commitment to providing regular returns to its shareholders, albeit at a modest rate.
Pine Cliff Energy (TSX: PNE) (OTCQX: PIFYF) ha annunciato un dividendo mensile regolare di 0,005$ per azione comune. Il dividendo sarà pagato il 27 settembre 2024 agli azionisti registrati il 16 settembre 2024. Pine Cliff ha indicato che questo dividendo, insieme ai futuri dividendi, è previsto essere designato come dividendi non idonei ai fini fiscali canadesi fino a nuovo avviso. Questo annuncio dimostra l'impegno dell'azienda a fornire ritorni regolari ai propri azionisti, sebbene a un tasso modesto.
Pine Cliff Energy (TSX: PNE) (OTCQX: PIFYF) ha anunciado un dividendo mensual regular de $0.005 por acción ordinaria. El dividendo se pagará el 27 de septiembre de 2024 a los accionistas registrados a partir del 16 de septiembre de 2024. Pine Cliff ha indicado que este dividendo, junto con futuros dividendos, se espera que sea designado como dividendos no elegibles a efectos del impuesto sobre la renta canadiense hasta nuevo aviso. Este anuncio demuestra el compromiso de la empresa de proporcionar retornos regulares a sus accionistas, aunque a una tasa modesta.
파인 클리프 에너지 (TSX: PNE) (OTCQX: PIFYF)가 정기 월배당금 $0.005 보통주당을 발표했습니다. 배당금은 2024년 9월 27일에 2024년 9월 16일 기준의 주주에게 지급됩니다. 파인 클리프는 이 배당금이 향후 배당금과 함께 캐나다 소득세 목적상 비적격 배당금으로 지정될 것으로 예상된다고 밝혔습니다. 이번 발표는 기업이 주주에게 정기적인 수익을 제공하려는 의지를 보여주지만, 그 비율은 다소 겸손합니다.
Pine Cliff Energy (TSX: PNE) (OTCQX: PIFYF) a annoncé un dividende mensuel régulier de 0,005 $ par action ordinaire. Le dividende sera versé le 27 septembre 2024 aux actionnaires inscrits au 16 septembre 2024. Pine Cliff a indiqué que ce dividende, ainsi que les dividendes futurs, devrait être désigné comme des dividendes non éligibles aux fins fiscales canadiennes jusqu'à nouvel ordre. Cette annonce démontre l'engagement de l'entreprise à fournir des retours réguliers à ses actionnaires, bien que dans une mesure modeste.
Pine Cliff Energy (TSX: PNE) (OTCQX: PIFYF) hat eine monatliche Dividende von 0,005 $ pro Stammaktie bekannt gegeben. Die Dividende wird am 27. September 2024 an die Aktionäre ausgezahlt, die am 16. September 2024 im Aktienregister stehen. Pine Cliff hat darauf hingewiesen, dass diese Dividende zusammen mit zukünftigen Dividenden bis auf weiteres als nicht berechtigte Dividenden für kanadische Einkommensteuerzwecke gelten soll. Diese Ankündigung zeigt das Engagement des Unternehmens, den Aktionären regelmäßige Renditen zu bieten, wenn auch zu einem bescheidenen Satz.
- Regular monthly dividend payment indicates stable cash flow
- Consistent dividend policy suggests company confidence in financial stability
- Low dividend amount of $0.005 per share may not be attractive to income-focused investors
- Non-eligible dividend status may have less favorable tax implications for Canadian shareholders
Calgary, Alberta--(Newsfile Corp. - September 4, 2024) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of
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/222141
FAQ
What is the dividend amount declared by Pine Cliff Energy (PIFYF) for September 2024?
When will Pine Cliff Energy (PIFYF) pay its September 2024 dividend?
How are Pine Cliff Energy (PIFYF) dividends classified for Canadian tax purposes?
What is the frequency of dividend payments for Pine Cliff Energy (PIFYF)?
