Osisko Declares 20% Increase in Second Quarter 2025 Dividend

Rhea-AI Summary

Osisko Gold Royalties (OR: TSX & NYSE) has announced a 20% increase in its second quarter 2025 dividend to US$0.055 per common share. The dividend will be paid on July 15, 2025 to shareholders of record as of June 30, 2025. The company has also reminded shareholders about its dividend reinvestment plan (DRIP), which allows eligible shareholders in Canada and the United States to reinvest their dividends in additional common shares. The Canadian dollar equivalent of the dividend will be determined based on the Bank of Canada's daily rate on June 30, 2025. Shareholders interested in participating in the DRIP should contact their financial advisors or the company's transfer agent for enrollment details.

Positive

• 20% increase in quarterly dividend to US$0.055 per share
• Implementation of dividend reinvestment plan (DRIP) for shareholders

Negative

• None.

Insights

Financial Analyst

Osisko's 20% dividend increase to US$0.055 per share signals confidence and enhances shareholder returns with flexible reinvestment options.

Osisko Gold Royalties' announcement of a 20% dividend increase represents a significant enhancement to shareholder returns. The new quarterly dividend of US$0.055 per common share will be payable on July 15, 2025, to shareholders of record as of June 30, 2025.

This substantial dividend hike is particularly noteworthy in the mining royalty sector. Royalty companies like Osisko generate revenue streams from mining operations without bearing direct operational costs or capital expenditure risks associated with mine development. This business model typically enables more consistent cash flows compared to traditional mining companies, which can translate into reliable dividend programs.

The company has also highlighted its dividend reinvestment plan (DRIP), offering shareholders from Canada and the United States an efficient mechanism to compound their investment. The DRIP allows investors to automatically purchase additional shares with their dividend payments, potentially accelerating equity accumulation without incurring the transaction costs typically associated with market purchases.

For Canadian shareholders, it's worth noting that the dividend qualifies as an "eligible dividend" under the Income Tax Act, which typically offers more favorable tax treatment compared to non-eligible dividends. Canadian investors will receive the equivalent in Canadian dollars based on the Bank of Canada's exchange rate on the record date.

This dividend increase likely reflects the company's commitment to returning value to shareholders while maintaining its royalty-based business model. For income-focused investors, particularly those interested in the precious metals sector, this enhancement represents a meaningful improvement in the stock's yield profile.

MONTREAL, May 07, 2025 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that the Board of Directors has approved a second quarter 2025 dividend of US$0.055 per common share, a 20% increase over the previous quarterly dividend, based on the foreign exchange rate (C$/US$) on the declaration date of the first quarter dividend. The dividend will be paid on July 15, 2025 to shareholders of record as of the close of business on June 30, 2025. This dividend is an "eligible dividend" as defined in the Income Tax Act (Canada).

For shareholders residing in Canada, the Canadian dollar equivalent will be determined based on the daily rate published by the Bank of Canada on June 30, 2025.

The Company also wishes to remind its shareholders that it has implemented a dividend reinvestment plan (the “Plan”). Shareholders who are residents of Canada and the United States may elect to participate in the Plan in connection with the dividend to be paid on July 15, 2025 to shareholders on record as of June 30, 2025. More details are available on Osisko’s website at http://osiskogr.com/en/dividends/drip/

Non-registered beneficial shareholders who wish to participate in the Plan should contact their financial advisor, broker, investment dealer, bank or other financial institution that holds their common shares to inquire about the applicable enrolment deadline and to request enrolment in the Plan. For more information on how to enroll or any other inquiries, contact our transfer agent at 1-800-387-0825 (toll-free in Canada) or shareholderinquiries@tmx.com.

Participation in the Plan does not relieve shareholders of any liability for taxes that may be payable in respect of dividends that are reinvested in common shares under the Plan. Shareholders should consult their tax advisors concerning the tax implications of their participation in the Plan having regard to their particular circumstances.

This press release is not an offer to sell or a solicitation of an offer to buy any securities in the United States or any other jurisdiction.

About Osisko Gold Royalties Ltd

Osisko is an intermediate precious metals royalty company focused on the Americas that commenced activities in June 2014. Osisko holds a North American and Australian focused portfolio of over 195 royalties, streams and precious metal offtakes. Osisko’s portfolio is anchored by its cornerstone asset, a 3-5% net smelter return royalty on the Canadian Malartic Complex, one of Canada’s largest gold mines.

Osisko’s head office is located at 1100 Avenue des Canadiens-de-Montréal, Suite 300, Montréal, Québec, H3B 2S2.

For further information, please contact Osisko Gold Royalties Ltd:
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

Forward-looking statements

Certain statements contained in this press release may be deemed "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. These forward-looking statements, by their nature, require the Company to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking statements. Forward-looking statements are not guarantees of performance. In this news release, these forward-looking statements may involve, but are not limited to, comments with respect to the directors and officers of the Company, information pertaining to the fact that all conditions for payment of the dividend will be met and that such dividend will continue to be an “eligible dividend” as defined in the Income Tax Act (Canada). Words such as "may", "will", "would", "could", "expect", "believe", "plan", "anticipate", "intend", "estimate", "continue", or the negative or comparable terminology, as well as terms usually used in the future and the conditional, are intended to identify forward-looking statements. Information contained in forward-looking statements is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including that the financial situation of the Company will remain favourable. The Company considers its assumptions to be reasonable based on information currently available, but cautions the reader that its assumptions regarding future events, many of which are beyond the control of the Company, may ultimately prove to be incorrect since they are subject to risks and uncertainties that affect the Company and its business.

For additional information with respect to these and other factors and assumptions underlying the forward-looking statements made in this press release, see the section entitled “Risk Factors” in the most recent Annual Information Form of Osisko which is filed with the Canadian securities commissions and available electronically under Osisko’s issuer profile on SEDAR+ at www.sedarplus.com and with the U.S. Securities and Exchange Commission and available electronically under Osisko’s issuer profile on EDGAR at www.sec.gov. The forward-looking information set forth herein reflects Osisko’s expectations as at the date of this press release and is subject to change after such date. Osisko disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by law.

FAQ

What is Osisko Gold Royalties' (OR) new dividend amount for Q2 2025?

Osisko Gold Royalties announced a dividend of US$0.055 per common share for Q2 2025, representing a 20% increase from the previous quarter.

When is the payment date for Osisko's (OR) Q2 2025 dividend?

The Q2 2025 dividend will be paid on July 15, 2025, to shareholders of record as of June 30, 2025.

How can shareholders participate in Osisko's dividend reinvestment plan (DRIP)?

Eligible shareholders in Canada and the US can participate by contacting their financial advisor, broker, or investment dealer, or by reaching out to the transfer agent at 1-800-387-0825 or shareholderinquiries@tmx.com.

What is the record date for Osisko's (OR) Q2 2025 dividend?

The record date for Osisko's Q2 2025 dividend is June 30, 2025.