Gamehost (TSE:GH) Sets New 12-Month High Following Dividend Announcement

Gamehost Inc. (TSE:GH)’s share price hit a new 52-week high on Tuesday following a dividend announcement from the company. The company traded as high as C$12.28 and last traded at C$12.28, with a volume of 3378 shares trading hands. The stock had previously closed at C$12.14.

The newly announced dividend which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th will be issued a $0.05 dividend. The ex-dividend date is Monday, June 30th. This represents a $0.60 annualized dividend and a yield of 4.81%. Gamehost’s dividend payout ratio is currently 50.84%.

Gamehost Price Performance

The business’s 50 day moving average is C$11.09 and its 200-day moving average is C$10.48. The company has a quick ratio of 0.54, a current ratio of 0.90 and a debt-to-equity ratio of 44.97. The firm has a market capitalization of C$261.82 million, a P/E ratio of 13.21, a PEG ratio of 17.43 and a beta of 1.46.

Gamehost Company Profile

Gamehost Inc, together with its subsidiaries, operates hospitality and gaming properties in Alberta. It operates through Gaming, Hotel, and Food and Beverage segments. The company's gaming activities include the operation of company owned table games, electronic gaming tables, government owned slot machines, video lottery terminals, and lottery ticket kiosks, as well as the provision of food, beverage, and entertainment services.