Business
Royal Gold Raises Dividend 10% to $0.22 Per Share
Royal Gold Raises Dividend 10% to $0.22 Per Share.
About this update from Red Lake Gold Inc
[{"type":"text","content":"\n\n\n\n\nDENVER, Nov. 9 /CNW/ -- ROYAL GOLD, INC.\n(Nasdaq: RGLD; Toronto: RGL) today announced that its Board of Directors\nincreased the Company's annual dividend from $0.20 to $0.22, payable on a\nquarterly basis of $0.055 per share of common stock. The newly declared\ndividend is 10% higher than the dividend paid in calendar year 2005. Royal\nGold has steadily increased its annual dividend since it first issued a $0.05\nannual payment for calendar year 2000.\nThe Board also declared the dividend of $0.055 per share will be payable\non January 20, 2006, to shareholders of record at the close of business on\nJanuary 6, 2006.\nStanley Dempsey, Chairman and CEO, said, \"We are pleased to be able to pay\nout an increased dividend to our shareholders for the 5th year in a row. This\nincrease reflects our strong financial position and the Board's confidence in\nthe future growth of the Company.\"\n\nRoyal Gold is a precious metals royalty company engaging in the\nacquisition and management of precious metals royalty interests. Royal Gold\nis publicly traded on the NASDAQ National Market System, under the symbol\n\"RGLD\" and on the Toronto Stock Exchange, under the symbol \"RGL.\" The\nCompany's web page is located at www.royalgold.com.\n\n\n","length":1309,"tagName":"div"}]