Osisko Gold Royalties Announces First Quarter 2025 Dividend
Montreal, Canada, February 19, 2025 – Osisko Gold Royalties Ltd (the “Company” or “Osisko”) is a leading gold-focused royalty and streaming company. With a relentless commitment to creating value for its shareholders, Osisko has announced that its Board of Directors has approved a first quarter 2025 dividend of C$0.065 per common share. This dividend is yet another testament to the Company’s profit-focused approach and its dedication to delivering consistent returns to its investors.
Dividend Details
The dividend will be paid on April 15, 2025, to shareholders of record as of the close of business on March 31, 2025. The dividend is an “eligible dividend” as defined in the Income Tax Act (Canada), meaning that the dividend will be subject to the enhanced dividend tax credit for eligible individuals.
Impact on Shareholders
For individual investors, this dividend represents a steady source of income. The enhanced dividend tax credit for eligible individuals allows for a greater after-tax yield, making the dividend more attractive. The consistent dividend payments also provide a degree of financial stability, as investors can rely on a predictable income stream.
Impact on the World
The announcement of Osisko’s first quarter 2025 dividend has broader implications. As a significant player in the gold royalties and streaming sector, Osisko’s decision to maintain a consistent dividend policy contributes to the overall stability of the gold market. This stability can support the sector’s attractiveness to investors, leading to increased demand for gold and potential growth in the industry.
Conclusion
Osisko’s first quarter 2025 dividend announcement is a clear demonstration of the Company’s commitment to its shareholders. The dividend’s status as an eligible dividend, along with its predictable payment schedule, provides a valuable source of income for individual investors. Moreover, the stability and predictability of Osisko’s dividend policy contribute to the overall stability of the gold market, potentially attracting new investors and supporting the growth of the industry.
- Osisko Gold Royalties announces first quarter 2025 dividend of C$0.065 per common share.
- Dividend is an eligible dividend as defined in the Income Tax Act (Canada).
- Dividend will be paid on April 15, 2025, to shareholders of record as of March 31, 2025.
- Dividend provides individual investors with a steady source of income and tax benefits.
- Osisko’s consistent dividend policy contributes to the stability of the gold market and attracts new investors.