Osisko Gold Royalties Ltd Declares First Quarter 2025 Dividend
Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (TSX:OR, NYSE:OR) has recently announced an exciting update for its shareholders. The Board of Directors has approved a dividend payout of C$0.065 per common share for the first quarter of 2025. This dividend is scheduled to be paid out on April 15, 2025, to shareholders who are on record as of March 31, 2025.
Details on Dividend Payment
For those shareholders based in the United States, the dividend will be payable in U.S. dollars, with the amount determined by the daily exchange rate published by the Bank of Canada on the record date, March 31, 2025. This ensures that all shareholders can benefit from participation in dividends, regardless of their currency.
Dividend Reinvestment Plan
Osisko is also reminding shareholders about its dividend reinvestment plan (the "Plan"). This option is available for residents of Canada and the United States who can choose to reinvest their dividends into additional shares of the Company. For those interested in participating in this plan, it will coincide with the upcoming dividend payment on April 15, 2025.
How to Participate in the Plan
Non-registered beneficial shareholders who are interested in the Plan should reach out to their financial advisor or broker for details about enrollment deadlines and procedures. Participation in the Plan allows shareholders to consolidate their investment, creating a more substantial stake in Osisko Gold Royalties Ltd.
Tax Considerations
It is essential for shareholders to keep in mind that enrolling in the Plan does not alleviate them from any tax obligations related to their reinvested dividends. Each shareholder should consult with their tax advisor to understand how the Plan might affect their individual tax situations.
Osisko’s Impressive Portfolio
Osisko Gold Royalties Ltd stands out in the market as an intermediate precious metal royalty company. Its North American portfolio is robust, comprising over 185 royalties, streams, and precious metal offtakes. The cornerstone of this diverse portfolio is a 3-5% net smelter return royalty on the Canadian Malartic Complex, which is recognized as one of Canada's largest gold mines.
Company Contact Information
Osisko Gold Royalties Ltd operates out of its head office located at 1100 Avenue des Canadiens-de-Montréal, Suite 300, Montréal, Québec. For any inquiries or further information regarding the dividend or the investment plan, shareholders can reach out to:
Grant Moenting
Vice President, Capital Markets
Tel: (514) 940-0670 #116
Mobile: (365) 275-1954
Email: gmoenting@osiskogr.com
Heather Taylor
Vice President, Sustainability & Communications
Tel: (514) 940-0670 #105
Email: htaylor@osiskogr.com
Frequently Asked Questions
What is the dividend amount declared by Osisko for Q1 2025?
Osisko has declared a dividend of C$0.065 per common share for the first quarter of 2025.
When will the dividend be paid out?
The dividend will be paid out on April 15, 2025, to shareholders on record by March 31, 2025.
How can shareholders reinvest their dividends?
Shareholders can participate in Osisko's dividend reinvestment plan, which allows them to reinvest dividends into additional shares.
What should non-registered shareholders do to enroll in the Plan?
Non-registered shareholders should contact their financial advisor or broker to inquire about the enrollment process for the Plan.
Is there a tax implication for participating in the Plan?
Yes, shareholders should consult their tax advisors to understand the implications of dividends reinvested through the Plan.
