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RE Royalties Declares 2024 Fourth Quarter Shareholders Dividend Payment

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RE Royalties (TSXV:RE)(OTCQX:RROYF) has declared its fourth quarter dividend of $0.01 per share for Q4 2024, payable on February 19, 2025, to shareholders of record on January 29, 2025. This marks the company's 24th consecutive quarterly dividend, with total dividends for fiscal 2024 amounting to $0.04 per common share.

The company completed three separate investments with existing and repeat clients during the past quarter, which is expected to enhance revenues, income, and cash flow. RE Royalties currently owns over 100 royalties on various renewable energy projects across North America, Mexico, and Europe, including solar, wind, hydro, battery storage, energy efficiency, and renewable natural gas projects.

RE Royalties (TSXV:RE)(OTCQX:RROYF) ha dichiarato il suo dividendo del quarto trimestre di 0,01 dollari per azione per il Q4 2024, che sarà pagato il 19 febbraio 2025, agli azionisti registrati al 29 gennaio 2025. Questo segna il 24° dividendo trimestrale consecutivo dell'azienda, con un totale di dividendi per l'esercizio 2024 che ammonta a 0,04 dollari per azione ordinaria.

Durante l'ultimo trimestre, l'azienda ha completato tre investimenti separati con clienti esistenti e ripetuti, il che si prevede aumenterà i ricavi, il reddito e il flusso di cassa. RE Royalties attualmente possiede oltre 100 royalties su vari progetti di energia rinnovabile in Nord America, Messico e Europa, tra cui progetti solari, eolici, idroelettrici, di stoccaggio di energia, di efficienza energetica e di gas naturale rinnovabile.

RE Royalties (TSXV:RE)(OTCQX:RROYF) ha declarado su dividendo del cuarto trimestre de 0,01 dólares por acción para el Q4 2024, que se pagará el 19 de febrero de 2025, a los accionistas registrados al 29 de enero de 2025. Esto marca el 24° dividendo trimestral consecutivo de la empresa, con un total de dividendos para el ejercicio fiscal 2024 de 0,04 dólares por acción común.

La empresa completó tres inversiones separadas con clientes existentes y recurrentes durante el último trimestre, lo que se espera que mejore los ingresos, las ganancias y el flujo de efectivo. RE Royalties actualmente posee más de 100 regalías sobre diversos proyectos de energía renovable en América del Norte, México y Europa, incluidos proyectos solares, eólicos, hidroeléctricos, de almacenamiento de baterías, de eficiencia energética y de gas natural renovable.

RE 로열티 (TSXV:RE)(OTCQX:RROYF)는 2024년 4분기 주당 0.01달러의 배당금을 선언하였으며, 이는 2025년 2월 19일에 지급될 예정입니다. 배당금 지급 대상은 2025년 1월 29일 기준 주주입니다. 이는 회사의 24번째 연속 분기 배당금이며, 2024 회계연도 총 배당금은 보통주 1주당 0.04달러에 달합니다.

회사는 지난 분기 동안 기존 고객 및 반복 고객과 함께 3건의 separate 투자를 완료하였으며, 이는 수익, 소득 및 현금 흐름을 증가시킬 것으로 예상됩니다. RE 로열티는 현재 북미, 멕시코 및 유럽 전역의 다양한 재생 에너지 프로젝트에서 100개 이상의 로열티를 보유하고 있으며, 여기에는 태양열, 풍력, 수력, 배터리 저장, 에너지 효율성 및 재생 가능한 천연 가스 프로젝트가 포함됩니다.

RE Royalties (TSXV:RE)(OTCQX:RROYF) a déclaré son dividende du quatrième trimestre de 0,01 dollar par action pour le Q4 2024, payable le 19 février 2025, aux actionnaires enregistrés au 29 janvier 2025. Cela marque le 24ème dividende trimestriel consécutif de l'entreprise, avec des dividendes totaux pour l'exercice 2024 s'élevant à 0,04 dollar par action ordinaire.

Au cours du dernier trimestre, l'entreprise a réalisé trois investissements distincts avec des clients existants et récurrents, ce qui devrait améliorer les revenus, les bénéfices et le flux de trésorerie. RE Royalties possède actuellement plus de 100 redevances sur divers projets d'énergie renouvelable en Amérique du Nord, au Mexique et en Europe, y compris des projets solaires, éoliens, hydroélectriques, de stockage d'énergie, d'efficacité énergétique et de gaz naturel renouvelable.

RE Royalties (TSXV:RE)(OTCQX:RROYF) hat seine vierteljährliche Dividende von 0,01 Dollar pro Aktie für das 4. Quartal 2024 erklärt, die am 19. Februar 2025 an die zum 29. Januar 2025 registrierten Aktionäre ausgezahlt wird. Dies markiert die 24. aufeinanderfolgende vierteljährliche Dividende des Unternehmens, wobei die Gesamtdividende für das Geschäftsjahr 2024 0,04 Dollar pro Stammaktie beträgt.

Das Unternehmen hat im vergangenen Quartal drei separate Investitionen mit bestehenden und wiederkehrenden Kunden abgeschlossen, die voraussichtlich die Einnahmen, den Gewinn und den Cashflow erhöhen werden. RE Royalties besitzt derzeit über 100 Lizenzgebühren für verschiedene Projekte im Bereich erneuerbare Energien in Nordamerika, Mexiko und Europa, darunter Solar-, Wind-, Wasser-, Batteriespeicher-, Energieeffizienz- und erneuerbare Erdgasprojekte.

Positive
  • 24th consecutive quarterly dividend payment demonstrates consistent shareholder returns
  • Completed 3 new investments with existing clients indicating business growth
  • Portfolio expansion expected to increase revenues and cash flow
  • Strong cash position maintained for future investments
Negative
  • None.

All amounts in Canadian dollars unless otherwise stated

VANCOUVER, BC / ACCESSWIRE / January 14, 2025 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company") is pleased to announce that the Board of Directors of the Company has declared a cash distribution of $0.01 per issued and outstanding common share for the Fourth quarter ending December 31, 2024.

The distribution is payable on February 19, 2025, to shareholders of record on January 29, 2025. The distribution is designated by the Company to be a dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation.

The cumulative amount of dividends declared for the 2024 fiscal year has been $0.04 per common share.

Bernard Tan, CEO of the Company, commented, "We are pleased to provide our shareholders with this 24th consecutive quarterly dividend. In the past quarter, we completed 3 separate investments with existing and repeat clients, which will grow our revenues and income, and cash flow in the near future. With existing cash on hand and several near-term opportunities under due diligence, we are poised to continue this trajectory of strengthening our cash flows."

On Behalf of the Board of Directors,

Bernard Tan
CEO

About RE Royalties Ltd.

RE Royalties Ltd. acquires revenue-based royalties over renewable energy facilities and technologies by providing non-dilutive financing solutions to privately held and publicly traded companies in the renewable energy sector. RE Royalties is the first to apply this proven business model to the renewable energy sector. The Company currently owns over 100 royalties on solar, wind, hydro, battery storage, energy efficiency and renewable natural gas projects in North America, Mexico, and Europe. The Company's business objectives are to provide shareholders with a strong growing yield, robust capital protection, high rate of growth through re-investment and a sustainable investment focus.

For further information, please contact:

Investor and Media Contact:

RE Royalties Ltd.
Talia Beckett, VP of Communications and Sustainability
T: (778) 374‐2000
E: taliabeckett@reroyalties.com
www.reroyalties.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor any other regulatory body or securities exchange platform, accepts responsibility for the adequacy or accuracy of this release.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction, nor shall there be any offer or sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been approved or disapproved by any regulatory authority nor has any such authority passed upon the accuracy or adequacy of the short form base shelf prospectus or the prospectus supplement. The offer and sale of the securities has not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold in the United States or to United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

Forward Looking Statements

This news release includes forward-looking information and forward-looking statements (collectively, "forward-looking information") with respect to the Company and within the meaning of Canadian securities laws. Forward looking information includes the completion of the Loan and is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. This information represents predictions and actual events or results may differ materially. Forward-looking information may relate to the Company's future outlook and anticipated events or results and may include statements regarding the Company's financial results, future financial position, expected growth of cash flows, business strategy, budgets, projected costs, projected capital expenditures, taxes, plans, objectives, industry trends and growth opportunities including financing. The reader is referred to the Company's most recent filings on SEDAR as well as other information filed with the OTC Markets for a more complete discussion of all applicable risk factors and their potential effects, copies of which may be accessed through the Company's profile page at www.sedar.com.

SOURCE: RE Royalties Ltd.



View the original press release on accesswire.com

FAQ

What is RE Royalties' (RROYF) Q4 2024 dividend amount and payment date?

RE Royalties declared a dividend of $0.01 per share for Q4 2024, payable on February 19, 2025, to shareholders of record on January 29, 2025.

How much has RE Royalties (RROYF) paid in total dividends for fiscal year 2024?

RE Royalties paid a total of $0.04 per common share in dividends for the 2024 fiscal year.

How many consecutive quarterly dividends has RE Royalties (RROYF) paid?

RE Royalties has paid 24 consecutive quarterly dividends as of Q4 2024.

How many royalties does RE Royalties (RROYF) currently own?

RE Royalties currently owns over 100 royalties on renewable energy projects across North America, Mexico, and Europe.

What types of renewable energy projects does RE Royalties (RROYF) invest in?

RE Royalties invests in solar, wind, hydro, battery storage, energy efficiency, and renewable natural gas projects.

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