Business
Royal Gold Raises Dividend 18% to $0.26 Per Share
Royal Gold Raises Dividend 18% to $0.26 Per Share.
About this update from Red Lake Gold Inc
[{"type":"text","content":"\n\n\n\n\nDENVER, Nov. 8 /CNW/ -- ROYAL GOLD, INC. (Nasdaq: RGLD; TSX: RGL) today\nannounced that its Board of Directors increased the Company's annual dividend\nfrom $0.22 to $0.26, payable on a quarterly basis of $0.065 per share of\ncommon stock. The newly declared dividend is 18% higher than the dividend\npaid in calendar year 2006. Royal Gold has steadily increased its annual\ndividend since it first issued a $0.05 annual payment for calendar year 2000.\nThe Board also declared the dividend of $0.065 per share will be payable\non January 19, 2007, to shareholders of record at the close of business on\nJanuary 5, 2007.\nTony Jensen, President and CEO, said, \"We are pleased to raise our\nshareholder dividend for the 6th year in a row. This increase reflects the\nCompany's strong financial position and the Board's confidence in the future\ngrowth of the Company.\"\n\nRoyal Gold is a precious metals royalty company engaging in the\nacquisition and management of precious metal royalty interests. Royal Gold is\npublicly traded on the NASDAQ Global Select Market under the symbol \"RGLD,\"\nand on the Toronto Stock Exchange under the symbol \"RGL.\" The Company's web\npage is located at www.royalgold.com.\n\n\n\n","length":1278,"tagName":"div"}]