Osisko Gold Royalties Announces Dividend Increase
Osisko Gold Royalties Ltd is excited to share that the Board of Directors has approved a significant 20% increase in the second quarter 2025 dividend. The new dividend will be set at US$0.055 per common share, marking a notable rise compared to the previous quarter. This increase comes amid favorable foreign exchange conditions and the company's robust operational performance.
Dividend Payment Details
The upcoming dividend is scheduled for payment to shareholders on July 15, 2025. To qualify for this dividend, shareholders must be on record by June 30, 2025. This dividend has been classified as an "eligible dividend" under the Income Tax Act in Canada, ensuring tax efficiencies for shareholders.
Currency Exchanges and Calculations
For shareholders located in Canada, the equivalent amount in Canadian dollars will be established using the daily exchange rate provided by the Bank of Canada on the record date. This mechanism helps provide clarity on the value of dividends amid fluctuating currency markets.
Dividend Reinvestment Plan
Participation Options for Shareholders
Osisko has established a convenient dividend reinvestment plan (the “Plan”) allowing eligible shareholders from Canada and the United States to participate easily. This option provides an attractive way for shareholders to reinvest their dividends into more common shares, compounding their investments.
Enrollment Process
Non-registered beneficial shareholders interested in the Plan should reach out to their financial institutions to learn about the enrollment process and any deadlines that may apply. The company encourages all shareholders to consider participating, as this Plan can significantly enhance long-term investment returns.
Osisko’s Business Overview
Founded in 2014, Osisko Gold Royalties Ltd focuses on the acquisition and management of precious metals royalties, particularly in North America and Australia. The company boasts a diversified portfolio comprising over 195 royalties, streams, and precious metal offtakes. The cornerstone of Osisko's operations is its 3-5% net smelter return royalty on the Canadian Malartic Complex, recognized as one of the largest gold mining projects in Canada.
Contact Information
For further inquiries or more details regarding the dividend and Osisko's operations, shareholders can reach out directly to the company’s communication team:
Grant Moenting
Vice President, Capital Markets
Phone: (514) 940-0670 #116
Mobile: (365) 275-1954
Email: gmoenting@osiskogr.com
Heather Taylor
Vice President, Sustainability & Communications
Phone: (514) 940-0670 #105
Email: htaylor@osiskogr.com
Frequently Asked Questions
What is the new dividend amount announced by Osisko?
Osisko has declared a new dividend of US$0.055 per common share, which is a 20% increase from the previous amount.
When will the dividend be paid?
The dividend is scheduled to be paid on July 15, 2025, to shareholders who are on record as of June 30, 2025.
How can shareholders participate in the dividend reinvestment plan?
Shareholders can participate by contacting their financial institutions to understand the enrollment process and deadlines applicable to the Plan.
Is the dividend eligible for tax benefits?
Yes, the dividend is classified as an "eligible dividend" according to the Income Tax Act of Canada, which may offer tax efficiencies for shareholders.
Where is Osisko Gold Royalties Ltd headquartered?
Osisko Gold Royalties Ltd is headquartered at 1100 Avenue des Canadiens-de-Montréal, Suite 300, Montréal, Québec, H3B 2S2.
