Business
Royalty Management Holding Corporation Affirms Commencement of Regular Quarterly Cash Dividend to Shareholders
Company is implementing a preliminary quarterly cash dividend initiative starting on June 30th of 2025, with an annualized dividend rate starting at $0.01 per share (or one fourth of one cent per quarter). Goal of creating shareholder value through...
About this update from Royalty Management Holding Corporation
[{"type":"text","content":"Company is implementing a preliminary quarterly cash dividend initiative starting on June 30th of 2025, with an annualized dividend rate starting at $0.01 per share (or one fourth of one cent per quarter). ","length":205,"tagName":"p"},{"type":"text","content":"Goal of creating shareholder value through a combination of stock repurchases and dividends is achievable through excess free cash flow while also allocating capital to investments in new opportunities to expand business.","length":221,"tagName":"p"},{"type":"text","content":"FISHERS, IN - May 23, 2025 (NEWMEDIAWIRE) - Royalty Management Holding Corporation (Nasdaq: RMCO) ("Royalty Management" or the "Company"), a forward leaning royalty company building shareholder value by acquiring and developing high value assets in a variety of resource-driven and emerging technology industries reaffirms and reminds its shareholders of the commencement of its initial cash dividend that has been approved by the Company's Board of Directors in the amount of $0.01 per share per year, paid calendar quarterly, starting on June 30, 2025. Shareholders of the Company as of the record dates of June 30, 2025, September 30, 2025, December 31, 2025, and March 31, 2026, will each receive a quarterly dividend of one-fourth of $0.01 per share, payable within 45 days after the end of the calendar quarter.","length":841,"tagName":"p"},{"type":"text","content":"Thomas Sauve, Chief Executive Officer of the Company, commented, "We are thankful to be in a strong cash generating position from our core assets to be able to start paying a cash dividend this year to our underlying shareholders. We wanted to take a quick opportunity to remind our shareholders of the first quarterly payment that will be due to shareholder of record on June 30, 2025, and then calendar quarterly thereafter for the next twelve months. Furthermore, we believe as a company we need to focus on continual revenue and cash flow growth, returning capital back to our shareholders and stock buybacks. As our market value appreciates, we anticipate shifting more of our excess cash to the payment of dividends, as opposed to our stock repurchase program, and vice-versa. This may result in our Board of Directors increasing the cash dividend as some of our portfolio holdings increase their returns to the company, wh...