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Royal Gold Announces Second Quarter Dividend

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Rhea-AI Summary

Royal Gold (NASDAQ: RGLD) declared a second quarter dividend of $0.30 per share, payable on April 15, 2021, to shareholders of record by the close of business on April 1, 2021. The company focuses on acquiring and managing precious metal streams and royalties, currently holding interests in 189 properties across five continents, including 41 producing mines and 17 development projects. This dividend signals confidence in the company's financial health and provides value to investors.

Positive
  • Declared a dividend of $0.30 per share, enhancing shareholder returns.
  • Strong portfolio with interests in 41 producing mines, indicating solid operational stability.
Negative
  • Vulnerability to low gold prices could impact financial performance.
  • Adverse market conditions and regulatory changes may affect future operations.

Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that its Board of Directors has declared its second quarter dividend of $0.30 per share of common stock. The dividend is payable on April 15, 2021 to shareholders of record at the close of business on April 1, 2021.

Corporate Profile

Royal Gold is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. As of December 31, 2020, the Company owned interests on 189 properties on five continents, including interests on 41 producing mines and 17 development stage projects. Royal Gold is publicly traded on the Nasdaq Global Select Market under the symbol “RGLD.” The Company’s website is located at www.royalgold.com.

Forward-Looking Statements: This press release includes “forward-looking statements” within the meaning of U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements are not guarantees of future performance, and actual results may differ materially from these statements. Forward-looking statements are often identified by words like “will,” “may,” “could,” “should,” “would,” “believe,” “estimate,” “expect,” “anticipate,” “plan,” “forecast,” “potential,” “intend,” “continue,” “project,” or negatives of these words or similar expressions. Forward-looking statements include, among others, statements about dividends and capital allocation.

Factors that could cause actual results to differ materially from these forward-looking statements include, among others, the following: a low-price environment for gold or other metals; development activities relating to the mines; adverse economic and market conditions; changes in laws or regulations; and other factors described in our reports filed with the Securities and Exchange Commission, including our Form 10-K for the fiscal year ended June 30, 2020, and subsequent Forms 10-Q. Most of these factors are beyond our ability to predict or control.

Forward-looking statements speak only as of the date on which they are made. We disclaim any obligation to update any forward-looking statements, except as required by law. Readers are cautioned not to put undue reliance on forward-looking statements.

FAQ

What is the amount of Royal Gold's dividend for Q2 2021?

Royal Gold's dividend for Q2 2021 is $0.30 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on April 15, 2021, to shareholders of record by April 1, 2021.

How many properties does Royal Gold own?

Royal Gold owns interests in 189 properties across five continents.

What are the risks associated with Royal Gold's operations?

Risks include a low-price environment for gold, adverse economic conditions, and changes in laws or regulations.

Royal Gold Inc

NASDAQ:RGLD

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