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Bullboard - Stock Discussion Forum Gamehost Inc T.GH

Alternate Symbol(s):  GHIFF

Gamehost Inc. is a Canada-based company operating hospitality & gaming properties in Alberta. The Company's operations include the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino, Service Plus Inns & Suites and Encore Suites hotels as well as a strip mall all located in Grande Prairie, and the Deerfoot Inn & Casino Inc. in Calgary. The Company's segments include... see more

TSX:GH - Post Discussion

Gamehost Inc > One Question on the Dividend maybe someone can answer
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Post by Lawyerup on Apr 11, 2022 12:41pm

One Question on the Dividend maybe someone can answer

I looked at the financials and I have a question around the dividend.  Is it eligible for Canadian Tax purposes or is it just considered a cash dividend.  Their quarterly reports just say dividend without much else.  One thing I find a little disappointing is their website they could attract a lot more investors with an updated site.  On my watchlist for now still doing my DD.  All the best, Charlie.
Comment by BarstoolSage on Apr 11, 2022 5:48pm
Nice to see a fellow long term Becker shareholder nosing around Charlie. Do include a good dig into the posts here in your DD especially thelongview....though lots below worth reading by pretty smart people. Do it over a good cup of coffee over the next few days.  And don't let the window obscure the monthly cash box this becomes when pre covid dividends are re instated. We are halfway ...more  
Comment by nedstar71 on Apr 12, 2022 12:13am
The monthly dividend back in early 2020 was eligible so I don't think it would be any different now. What is the current yield based on the recent dividend reinstatement?
Comment by BarstoolSage on Apr 12, 2022 9:32am
.36/8.73 = 4.07%  
Comment by malx1 on Apr 12, 2022 10:58am
This is usually a question for our "Dividend guy" Kasking but I'm going to grab it because he's busy in the middle of Spring break-up. For a dividend to be eligible, it has to be paid by a Canadian Corp to a Canadian citizen; then, it has to be paid by a Canadian Corp that earns more than $500k per year. GH's net earnings are likely to normalize around $20mm-22mm as we ...more  
Comment by Lawyerup on Apr 12, 2022 12:03pm
Big thanks to everybody for getting back on my question.  I might fire off an email to GH to verify about the dividend. Thanks again, Charlie.
Comment by malx1 on Apr 12, 2022 12:10pm
The team at GH seems quite busy these days, so you may not get a response. As a long-term shareholder, I can assure you that these dividends have been eligible since the business converted to a corporation. I swear on my accountant's life!! Been getting div tax credits every year they were outside of registered accounts. If you are considering buying shares, I wouldn't drag your heels ...more  
Comment by TheBridge on Apr 12, 2022 12:30pm
I would like people to drag their heels on buying shares until the end of this month, please. I would like another 3000 shares in the last week of April so would like the share price to stay range bound in the current area. I'm hoping a 3 cent per share dividend doesn't take the share price too high as I'm thinking the real driving force which should take us up over $10 will be the ...more  
Comment by BarstoolSage on Apr 12, 2022 4:59pm
Kasking and TheBridge in an epic battle for shares. Gotta love it. There is an old expression....while two dogs are fighting over a bone, another can run away with it... Hoping I can snatch some more eom when April dividends come in.
Comment by kasking on Apr 12, 2022 7:31pm
Comment by malx1 on Apr 12, 2022 7:45pm
78,500 is a number I'm watching... If insiders didn't grab that amount of shares today, then I know it was the Kasking!! Incredible.
Comment by TheBridge on Apr 13, 2022 11:10am
Boys, I'm convinced that there are enough shares available for Bar, Malx1 and for kas and myself, so that old expression about a dog isn't going to apply to kas and I. There's even enough shares for GH to buy and cancel as well and I'm relying on their purchasing accumen to keep the share price from climbing too quickly.. It would be nice if the share price stayed just below $9 ...more  
Comment by malx1 on Apr 13, 2022 1:16pm
Still saving up for the board lot I'm buying off Kasking at $20 Can't keep up with you guys and your relentless raids on shares for sale. Big volume yesterday.  Good sign
Comment by BarstoolSage on Apr 13, 2022 3:40pm
Oh good. I mean I'd hate to scurry or act furtively or in such canaine manner but I'd do all that to get my hands on more of GH. 
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