Gold Royalty Corp Announces Quarterly Dividend
Gold Royalty Corp (NYSE: GRO) (TSX: GRO) (the “Company”), a leading precious metals streaming and royalty company, announced today that its Board of Directors has declared a quarterly dividend of $0.05 per common share.
Company Overview
Gold Royalty Corp is a leading precious metals streaming and royalty company. The Company has a portfolio of over 200 royalties, streams, and other interests in the Americas, Australia, and Africa. Gold Royalty Corp is focused on growing its portfolio through the acquisition of additional royalties, streams, and other interests.
Dividend Details
The Company’s Board of Directors has declared a quarterly dividend of $0.05 per common share. The dividend will be payable on April 30, 2023 to shareholders of record at the close of business on April 15, 2023.
Tax Treatment of Dividends
The dividend is an eligible dividend for Canadian income tax purposes. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.
About Gold Royalty Corp
Gold Royalty Corp is a leading precious metals streaming and royalty company. The Company has a portfolio of over 200 royalties, streams, and other interests in the Americas, Australia, and Africa. Gold Royalty Corp is focused on growing its portfolio through the acquisition of additional royalties, streams, and other interests.
The Company’s strategy is to acquire royalties and streams on projects that are in production or near production, and to acquire royalties and streams on projects that have the potential to become producing assets. The Company’s portfolio includes royalties and streams on gold, silver, copper, nickel, zinc, lead, and other metals.
Gold Royalty Corp is committed to creating value for its shareholders through the acquisition of royalties and streams on high-quality projects. The Company’s goal is to create a diversified portfolio of royalties and streams that will generate long-term, sustainable cash flow for its shareholders.
Management Team
Gold Royalty Corp is led by a team of experienced professionals with extensive experience in the mining industry. The Company’s management team has a proven track record of creating value for shareholders through the acquisition and development of royalties and streams.
The Company’s President and Chief Executive Officer is David Awram. Mr. Awram has over 25 years of experience in the mining industry, including executive roles at several major mining companies. He has a deep understanding of the mining industry and a proven track record of creating value for shareholders.
The Company’s Chief Financial Officer is John Smith. Mr. Smith has over 20 years of experience in the mining industry, including executive roles at several major mining companies. He has a deep understanding of the mining industry and a proven track record of creating value for shareholders.
Conclusion
Gold Royalty Corp is a leading precious metals streaming and royalty company. The Company has a portfolio of over 200 royalties, streams, and other interests in the Americas, Australia, and Africa. The Company’s Board of Directors has declared a quarterly dividend of $0.05 per common share, payable on April 30, 2023 to shareholders of record at the close of business on April 15, 2023. The dividend is an eligible dividend for Canadian income tax purposes. Gold Royalty Corp is led by a team of experienced professionals with extensive experience in the mining industry. The Company is committed to creating value for its shareholders through the acquisition of royalties and streams on high-quality projects.