Osisko Gold Royalties Approves Quarterly Dividend for 2025
Osisko Gold Royalties Declares Q1 2025 Dividend
Osisko Gold Royalties Ltd (NASDAQ: OR) has taken a significant step to reward its stakeholders. The company's Board of Directors has officially sanctioned a dividend for the first quarter of 2025, amounting to C$0.065 for each common share. This payout is scheduled for April 15, 2025, benefiting those shareholders who are officially on record as of March 31, 2025. Notably, this dividend qualifies as an 'eligible dividend' under the Income Tax Act in Canada.
Details on U.S. Shareholders
For investors residing in the U.S., the conversion to U.S. dollars will depend on the exchange rate published by the Bank of Canada at the close of business on March 31, 2025. It is crucial for U.S. shareholders to be aware of this component when considering their dividends.
Dividend Reinvestment Plan
Furthermore, Osisko Gold Royalties encourages participation in its dividend reinvestment plan (the 'Plan'). Shareholders, particularly those based in Canada and the U.S., have the option to reinvest their dividends, allowing them to acquire additional shares while promoting long-term investment in the company. Detailed information and guidance on how to enroll in the Plan can be found on the official Osisko website.
Contacting for More Information
Shareholders who hold their shares through non-registered accounts are advised to get in touch with their respective financial institutions. This will assist them in understanding the enrolment deadlines and the steps necessary to actively participate in the Plan. For direct inquiries, they can reach out to Osisko's transfer agent at 1-800-387-0825.
Insights into Osisko Gold Royalties
Osisko Gold Royalties thrives in the precious metals sector, managing an impressive portfolio comprised of over 185 royalties, streams, and precious metal offtakes across North America. This robust framework includes 20 actively producing assets, with its flagship being a 3-5% net smelter return royalty on the Canadian Malartic Complex, which is one of the largest gold mines in Canada.
Company's Head Office Location
The head office of Osisko Gold Royalties is situated at 1100 Avenue des Canadiens-de-Montréal, Suite 300, Montréal, Québec, H3B 2S2. This central location plays a strategic role in managing the company's operations and investor relations.
Company Leadership and Support
For any further inquiries or detailed discussions regarding the dividend or company operations, contact can be made with company representatives:
- 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 amount of the dividend declared by Osisko?
Osisko has declared a dividend of C$0.065 per common share for the first quarter of 2025.
When will the dividend be paid?
The dividend is scheduled to be paid on April 15, 2025, to shareholders on record as of March 31, 2025.
How can U.S. shareholders manage their dividends?
The U.S. dollar equivalent of the dividend will be based on the exchange rate published by the Bank of Canada on March 31, 2025.
What is the dividend reinvestment plan?
The Plan allows shareholders to reinvest their dividends in additional shares of Osisko, promoting long-term investment.
Where can I find more information on the dividend and the Plan?
Detailed information on the dividend and the Plan is available on Osisko's official website, and shareholders can also contact their financial advisors.
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