Overview of OR Royalties Inc.
OR Royalties Inc. is making headlines as it shares exciting news regarding its financial practices. Celebrated for its commitment to maximizing shareholder value, the company has issued a statement that will surely please its investors.
Dividend Declaration for Fourth Quarter
The Board of Directors of OR Royalties has officially approved a fourth quarter dividend of $0.055 per common share. This dividend will be granted to shareholders who are on record by the end of the business day on December 31, 2025, providing a lucrative return on investment.
Payment Details
Shareholders can expect to receive their dividend payments on January 15, 2026. This allocation has been classified as an eligible dividend under the Income Tax Act in Canada, ensuring that it meets the necessary provisions to provide tax benefits to recipients.
Currency Considerations for Canadian Shareholders
For those shareholders located in Canada, the amount they will receive will be converted into Canadian dollars based on the daily exchange rate published by the Bank of Canada on the date of record.
Participation in the Dividend Reinvestment Plan
The company would like to remind non-registered beneficial shareholders about the recent changes related to the dividend reinvestment plan. As of May 8, 2025, following the name change of the company and reassignment of a new CUSIP number, shareholders are required to re-enroll to continue enjoying the benefits of the plan.
Inquiries for Enrollment
Shareholders wishing to participate in the dividend reinvestment plan are encouraged to consult their financial advisors or institutions to ensure they meet the necessary enrollment deadlines. This is vital for them to enjoy the potential benefits such as a 3% discount offered within the Plan.
Company Overview and Growth
Since its inception in June 2014, OR Royalties Inc. has made significant strides in the precious metals sector. The company focuses primarily on operating within Tier-1 mining jurisdictions, including Canada, the United States, and Australia. Today, OR Royalties boasts a growing portfolio of over 195 royalties and streams, showcasing its steady expansion and strategic acquisitions.
Key Assets of OR Royalties
At the heart of its operations is a cornerstone asset that includes a 3-5% net smelter return royalty on the Canadian Malartic Complex, which is recognized as one of the largest gold mines globally. This vital asset not only solidifies OR Royalties’ position in the mining sector but also enhances its revenue stream.
Contact Information
For more details, interested parties may reach out to OR Royalties directly. The company's head office is located at 1100 Avenue des Canadiens-de-Montréal, Suite 300, Montréal, Québec, H3B?2S2. Shareholders can also contact their transfer agent toll-free at 1-800-387-0825 for enrollment queries or any other concerns.
Frequently Asked Questions
1. What is the dividend amount declared by OR Royalties?
The declared dividend for the fourth quarter is $0.055 per common share.
2. When will the dividend be paid?
Dividends will be paid on January 15, 2026.
3. How can Canadian shareholders determine their dividend in CAD?
Canadian shareholders can refer to the daily exchange rate published by the Bank of Canada on the record date to determine their CAD equivalent.
4. What should non-registered shareholders do regarding the dividend reinvestment plan?
They must re-enroll in the dividend reinvestment plan to continue participation and enjoy the associated benefits.
5. Where can I find more information about OR Royalties?
Additional information about the company is available on their official website or by contacting their office directly.
