Business
Osisko Gold Royalties Declares a 9% Increase in Quarterly Dividend
MONTREAL, May 10, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce a second quarter 2023 d
About this update from Or Royalties Inc.
[{"type":"text","content":" MONTREAL, May 10, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce a second quarter 2023 dividend of C$0.060 per common share, a 9.1% increase over the first quarter of 2023, for an annualized dividend of $0.24 per share. The dividend will be paid on July 14, 2023 to shareholders of record as of the close of business on June 30, 2023. This dividend is an \"eligible dividend\" as defined in the Income Tax Act (Canada). Sandeep Singh, President and CEO of Osisko commented: “Returns to shareholders remain a priority for Osisko and we are pleased to increase our quarterly dividend, given the ongoing strength of our business.” For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published by the Bank of Canada on June 30, 2023. The Company also wishes to remind its shareholders that it has implemented a dividend reinvestment plan (the “Plan”). Shareholders who are residents of Canada and the United States may elect to participate in the Plan in connection with the dividend to be paid on July 14, 2023 to shareholders on record as of June 30, 2023. More details are available on Osisko’s website at http://osiskogr.com/en/dividends/drip/ Non-registered beneficial shareholders who wish to participate in the Plan should contact their financial advisor, broker, investment dealer, bank or other financial institution that holds their common shares to inquire about the applicable enrolment deadline and to request enrolment in the Plan. For more information on how to enroll or any other inquiries, contact our transfer agent at 1-800-387-0825 (toll-free in Canada) or [email protected]. Participation in the Plan does not relieve shareholders of any liability for taxes that may be payable in respect of dividends that are reinvested in common shares under the Plan. Shareholders should consult their tax advisors concerning the tax implications of their participation in the Plan having regard to their particular circumstances. This press release is not an offer to sell or a solicitation of an offer to buy any securities in the United States or any other jurisdiction. About Osisko Gold Royalties Ltd Osisko Gold Royalties Ltd is an intermediate precious metal royalty company which holds a North American ...