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Gold Royalty Corp., a precious metals-focused royalty company, provides financing solutions to the metals and mining industry. It focuses on acquiring royalties, streams, and similar interests at varying stages of the mine life cycle to build a portfolio offering near, medium, and longer-term attractive returns for its investors. The company's portfolio consists of net smelter return royalties ranging from 0.5% to 2.0% on 17 gold properties located in the Americas. Gold Royalty Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada.

Gold Royalty Dividend Announcement

• Gold Royalty announced a semi annually dividend of $0.01 per ordinary share which will be made payable on 2023-06-30. Ex dividend date: 2023-06-16
• Gold Royalty annual dividend for 2023 was $0.02
• Gold Royalty's trailing twelve-month (TTM) dividend yield is -%
• Gold Royalty's payout ratio for the trailing twelve months (TTM) is -11.13%

Gold Royalty Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-16$0.01semi annually2023-06-30
2023-03-30$0.01semi annually2023-04-13
2022-12-14$0.01semi annually2022-12-30
2022-09-19$0.01semi annually2022-09-30
2022-06-16$0.01semi annually2022-06-30
2022-03-14$0.01semi annually2022-03-31

Gold Royalty Dividend per year

Gold Royalty Dividend Yield

Gold Royalty current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Gold Royalty stock? Use our calculator to estimate your expected dividend yield:

Gold Royalty Financial Ratios

P/E ratio-7.28
PEG ratio-0.28
P/B ratio0.33
ROE-4.50%
Payout ratio-11.13%
Current ratio1.44
Quick ratio1.44
Cash Ratio0.37

Gold Royalty Dividend FAQ

Does Gold Royalty stock pay dividends?
Gold Royalty does not currently pay dividends to its shareholders.
Has Gold Royalty ever paid a dividend?
No, Gold Royalty has no a history of paying dividends to its shareholders. Gold Royalty is not known for its dividend payments.
Why doesn't Gold Royalty pay dividends?
There are several potential reasons why Gold Royalty would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Gold Royalty ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Gold Royalty has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Gold Royalty a dividend aristocrat?
Gold Royalty is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Gold Royalty a dividend king?
Gold Royalty is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Gold Royalty a dividend stock?
No, Gold Royalty is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Gold Royalty stocks?
To buy Gold Royalty you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Gold Royalty stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.