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Osisko Declares Fourth Quarter 2024 Dividend

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Osisko Gold Royalties (OR: TSX & NYSE) has declared a fourth quarter 2024 dividend of C$0.065 per common share, payable on January 15, 2025, to shareholders of record as of December 31, 2024. The company reminds shareholders of its dividend reinvestment plan (DRIP) available to residents of Canada and the United States. Shareholders can participate in the DRIP for the upcoming dividend payment by consulting with their financial advisors or contacting the transfer agent directly.

Osisko Gold Royalties (OR: TSX & NYSE) ha dichiarato un dividendo per il quarto trimestre del 2024 pari a C$0.065 per azione comune, che sarà pagato il 15 gennaio 2025 agli azionisti registrati al 31 dicembre 2024. L'azienda ricorda agli azionisti del proprio piano di reinvestimento dei dividendi (DRIP) disponibile per i residenti in Canada e negli Stati Uniti. Gli azionisti possono partecipare al DRIP per il prossimo pagamento dei dividendi consultando i propri consulenti finanziari o contattando direttamente l'agente di trasferimento.

Osisko Gold Royalties (OR: TSX & NYSE) ha declarado un dividendo para el cuarto trimestre de 2024 de C$0.065 por acción ordinaria, que se pagará el 15 de enero de 2025 a los accionistas registrados al 31 de diciembre de 2024. La empresa recuerda a los accionistas sobre su plan de reinversión de dividendos (DRIP) disponible para residentes de Canadá y Estados Unidos. Los accionistas pueden participar en el DRIP para el próximo pago de dividendos consultando con sus asesores financieros o contactando directamente al agente de transferencia.

오시스코 골드 로열티 (OR: TSX & NYSE)는 2024년 4분기 배당금을 C$0.065 주당으로 선언하였으며, 2025년 1월 15일에 2024년 12월 31일 기준 주주에게 지급됩니다. 회사는 캐나다와 미국 거주자를 위한 배당금 재투자 계획(DRIP)을 주주에게 상기시킵니다. 주주들은 재무 상담가와 상담하거나 직접 이체 대리인에게 연락하여 다음 배당금 지급을 위한 DRIP에 참여할 수 있습니다.

Osisko Gold Royalties (OR: TSX & NYSE) a déclaré un dividende pour le quatrième trimestre de 2024 de C$0.065 par action ordinaire, payable le 15 janvier 2025 aux actionnaires enregistrés au 31 décembre 2024. L'entreprise rappelle aux actionnaires son plan de réinvestissement des dividendes (DRIP) disponible pour les résidents du Canada et des États-Unis. Les actionnaires peuvent participer au DRIP pour le prochain paiement de dividendes en consultant leurs conseillers financiers ou en contactant directement l'agent de transfert.

Osisko Gold Royalties (OR: TSX & NYSE) hat eine Dividende für das vierte Quartal 2024 von C$0.065 pro Stammaktie erklärt, die am 15. Januar 2025 an die zum 31. Dezember 2024 eingetragenen Aktionäre ausgezahlt wird. Das Unternehmen erinnert die Aktionäre an seinen Dividenden-Reinvestitionsplan (DRIP), der für Bewohner Kanadas und der Vereinigten Staaten verfügbar ist. Die Aktionäre können am DRIP für die bevorstehende Dividendenzahlung teilnehmen, indem sie sich mit ihren Finanzberatern beraten oder direkt den Übertragungsagenten kontaktieren.

Positive
  • Consistent dividend payment maintained at C$0.065 per share
  • Company offers dividend reinvestment plan (DRIP) for shareholders
Negative
  • None.

Insights

The declaration of a quarterly dividend of C$0.065 per share maintains Osisko Gold Royalties' consistent dividend policy, representing an annual yield of approximately 1.5% based on current share prices. The dividend reinvestment plan (DRIP) offers shareholders flexibility in reinvesting their dividends to accumulate additional shares, potentially at a discount to market prices.

While dividend declarations are routine events, they signal financial stability and management's commitment to shareholder returns. For precious metals royalty companies like Osisko, maintaining steady dividends indicates strong underlying cash flows from their royalty and streaming agreements, even during periods of metal price volatility.

MONTREAL, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that the Board of Directors has approved a fourth quarter 2024 dividend of C$0.065 per common share. The dividend will be paid on January 15, 2025 to shareholders of record as of the close of business on December 31, 2024. This dividend is an "eligible dividend" as defined in the Income Tax Act (Canada).

For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published by the Bank of Canada on December 31, 2024.

The Company also wishes to remind its shareholders that it has implemented a dividend reinvestment plan (the “Plan”). Shareholders who are residents of Canada and the United States may elect to participate in the Plan in connection with the dividend to be paid on January 15, 2025 to shareholders on record as of December 31, 2024. More details are available on Osisko’s website at http://osiskogr.com/en/dividends/drip/

Non-registered beneficial shareholders who wish to participate in the Plan should contact their financial advisor, broker, investment dealer, bank or other financial institution that holds their common shares to inquire about the applicable enrolment deadline and to request enrolment in the Plan. For more information on how to enroll or any other inquiries, contact our transfer agent at 1-800-387-0825 (toll-free in Canada) or shareholderinquiries@tmx.com.

Participation in the Plan does not relieve shareholders of any liability for taxes that may be payable in respect of dividends that are reinvested in common shares under the Plan. Shareholders should consult their tax advisors concerning the tax implications of their participation in the Plan having regard to their particular circumstances.

This press release is not an offer to sell or a solicitation of an offer to buy any securities in the United States or any other jurisdiction.

About Osisko Gold Royalties Ltd

Osisko Gold Royalties Ltd is an intermediate precious metal royalty company which holds a North American focused portfolio of over 185 royalties, streams and precious metal offtakes, including 20 producing assets. Osisko’s portfolio is anchored by its cornerstone asset, a 3-5% net smelter return royalty on the Canadian Malartic Complex, home to one of Canada’s largest gold mines.

Osisko’s head office is located at 1100 Avenue des Canadiens-de-Montréal, Suite 300, Montréal, Québec, H3B 2S2.

For further information, please contact Osisko Gold Royalties Ltd:

Grant Moenting
Vice President, Capital Markets
Tel: (514) 940-0670 #116
Mobile: (365) 275-1954
Email: gmoenting@osiskogr.com

Heather Taylor
Vice President, Sustainability & Communications
Tel: (514) 940-0670 #105
Email: htaylor@osiskogr.com


Forward-looking statements

Certain statements contained in this press release may be deemed "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. These forward-looking statements, by their nature, require the Company to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking statements. Forward-looking statements are not guarantees of performance. In this news release, these forward-looking statements may involve, but are not limited to, comments with respect to the directors and officers of the Company, information pertaining to the fact that all conditions for payment of the dividend will be met and that such dividend will continue to be an “eligible dividend” as defined in the Income Tax Act (Canada). Words such as "may", "will", "would", "could", "expect", "believe", "plan", "anticipate", "intend", "estimate", "continue", or the negative or comparable terminology, as well as terms usually used in the future and the conditional, are intended to identify forward-looking statements. Information contained in forward-looking statements is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including that the financial situation of the Company will remain favourable. The Company considers its assumptions to be reasonable based on information currently available, but cautions the reader that its assumptions regarding future events, many of which are beyond the control of the Company, may ultimately prove to be incorrect since they are subject to risks and uncertainties that affect the Company and its business.

For additional information with respect to these and other factors and assumptions underlying the forward-looking statements made in this press release, see the section entitled “Risk Factors” in the most recent Annual Information Form of Osisko which is filed with the Canadian securities commissions and available electronically under Osisko’s issuer profile on SEDAR+ at www.sedarplus.com and with the U.S. Securities and Exchange Commission and available electronically under Osisko’s issuer profile on EDGAR at www.sec.gov. The forward-looking information set forth herein reflects Osisko’s expectations as at the date of this press release and is subject to change after such date. Osisko disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by law.


FAQ

What is Osisko Gold Royalties' (OR) dividend amount for Q4 2024?

Osisko Gold Royalties (OR) declared a dividend of C$0.065 per common share for the fourth quarter of 2024.

When will Osisko Gold Royalties (OR) pay its Q4 2024 dividend?

The Q4 2024 dividend will be paid on January 15, 2025, to shareholders of record as of December 31, 2024.

Who is eligible for Osisko Gold Royalties' (OR) dividend reinvestment plan?

Shareholders who are residents of Canada and the United States are eligible to participate in the dividend reinvestment plan.

Osisko Gold Royalties Ltd

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