Royal Gold Increases Dividend by 12.5%, Reinforcing Commitment to Shareholders

Royal Gold Increases Dividend Amid Strong Commitment to Shareholders

Royal Gold, Inc. announces a significant 12.5% increase in its annual common stock dividend, raising it from $1.60 to $1.80 per share. This decision, approved by the Company’s Board of Directors, marks a notable commitment to capital return for shareholders. The new dividend will be distributed quarterly at a rate of $0.45 per share, with the first payment scheduled for January 17, 2025, for shareholders on record by January 3, 2025. Bill Heissenbuttel, President and CEO, emphasizes the firm’s dedication to shareholder returns, noting that Royal Gold has consistently increased its dividend since initiating payouts in 2000. This milestone underscores Royal Gold’s robust financial management and its long-term strategy focused on delivering value to its investors.

The company’s history of uninterrupted dividend growth for over two decades distinguishes it in the precious metals sector. To date, Royal Gold has distributed approximately $1 billion in total dividends, positioning itself as a leader in the industry. Its inclusion in the S&P High Yield Dividend Aristocrats Index highlights its financial stability and commitment to sustaining these returns. This increase in dividends not only reflects Royal Gold's healthy cash flow but also indicates confidence in its operational performance and market position.

Royal Gold's current portfolio is also a point of strength, as it manages interests in 175 properties across five continents, including stakes in 40 producing mines and 19 development-stage projects. This extensive footprint in the precious metals industry positions the company to capitalize on market dynamics while providing a strategic advantage in acquiring and managing precious metal streams and royalties. The firm remains focused on its goal of offering a growing and sustainable dividend, which is crucial for attracting and retaining investors in a competitive market.

In addition to its impressive dividend strategy, Royal Gold continues to strengthen its operational capabilities. With a commitment to managing diverse production-based interests, the company enhances its stability against market fluctuations in the precious metals sector. Furthermore, by maintaining a strong balance sheet, Royal Gold is poised to pursue new opportunities for growth and expansion, ensuring long-term value creation for its shareholders. The company’s commitment to transparency and shareholder communication is reflected in its robust online presence, accessible through its website at www.royalgold.com.