Royal Gold Announces Third Quarter Dividend

Rhea-AI Summary

Royal Gold, Inc. (NASDAQ: RGLD) has declared a third quarter dividend of $0.30 per share, payable on July 16, 2021, to shareholders on record by July 2, 2021. The company specializes in managing precious metal streams and royalties, owning interests in 187 properties across five continents, including 41 producing mines and 19 development projects. This dividend indicates confidence in maintaining a stable income for shareholders.

Positive

• Declaration of a third quarter dividend of $0.30 per share.
• Strong portfolio with interests in 187 properties across five continents.
• Involvement in 41 producing mines and 19 development projects.

Negative

• Potential risks from a lower-price environment for gold or other metals.
• Adverse economic and market conditions may impact future performance.

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 third quarter dividend of $0.30 per share of common stock. The dividend is payable on July 16, 2021 to shareholders of record at the close of business on July 2, 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 March 31, 2021, the Company owned interests on 187 properties on five continents, including interests on 41 producing mines and 19 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 lower-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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210525005988/en/

FAQ

What is the RGLD dividend amount for the third quarter?

The RGLD dividend amount for the third quarter is $0.30 per share.

When will the RGLD dividend be paid?

The RGLD dividend will be paid on July 16, 2021.

Who is eligible for the RGLD dividend?

Shareholders on record as of July 2, 2021, are eligible for the RGLD dividend.

How often does RGLD pay dividends?

RGLD typically pays dividends quarterly.

What factors could impact RGLD's future dividends?

Factors such as lower gold prices, adverse economic conditions, and regulatory changes could impact future dividends.