Royal Gold (RGLD) Raises Quarterly Dividend 7.1% to $0.30; 1% Yield

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Royal Gold Announces 20th Consecutive Annual Increase in the Common Stock Dividend to $1.20 Per Share

November 17, 2020 5:14 PM EST

DENVER--(BUSINESS WIRE)-- Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, Royal Gold or the Company, we or our) announced today that its Board of Directors increased the Companys annual calendar year common stock dividend from $1.12 to $1.20 per share, payable on a quarterly basis of $0.30 per share. The first quarterly dividend at the increased rate is payable on January 22, 2021 to shareholders of record at the close of business on January 8, 2021.

Royal Gold considers returning capital to shareholders through a growing and sustainable dividend to be a core component of our capital allocation strategy, commented Bill... More