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Osisko Declares Third Quarter 2024 Dividend

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Osisko Gold Royalties (OR: TSX & NYSE) has declared a third quarter 2024 dividend of C$0.065 per common share, marking its 40th consecutive quarterly dividend. The dividend will be paid on October 15, 2024 to shareholders of record as of September 30, 2024. This is an "eligible dividend" as defined by Canadian tax law. U.S. shareholders will receive the equivalent in USD based on the Bank of Canada's rate on September 30, 2024.

Osisko also reminds shareholders of its dividend reinvestment plan (DRIP) for Canadian and U.S. residents. Interested shareholders should contact their financial advisors or Osisko's transfer agent for enrollment details. The company emphasizes that participation in the DRIP does not exempt shareholders from taxes on reinvested dividends.

Osisko Gold Royalties (OR: TSX & NYSE) ha dichiarato un dividendo per il terzo trimestre del 2024 di C$0.065 per azione ordinaria, segnando il quarantesimo dividendo trimestrale consecutivo. Il dividendo sarà pagato il 15 ottobre 2024 agli azionisti registrati al 30 settembre 2024. Questo è un 'dividendo idoneo' come definito dalla legge fiscale canadese. Gli azionisti statunitensi riceveranno l'equivalente in USD basato sul tasso della Banca del Canada del 30 settembre 2024.

Osisko ricorda inoltre agli azionisti del suo programma di reinvestimento dei dividendi (DRIP) per residenti canadesi e statunitensi. Gli azionisti interessati dovrebbero contattare i loro consulenti finanziari o il trasferimento agente di Osisko per i dettagli sull'iscrizione. L'azienda sottolinea che la partecipazione al DRIP non esonera gli azionisti dalle tasse sui dividendi reinvestiti.

Osisko Gold Royalties (OR: TSX & NYSE) ha declarado un dividendo para el tercer trimestre de 2024 de C$0.065 por acción ordinaria, marcando su 40º dividendo trimestral consecutivo. El dividendo se pagará el 15 de octubre de 2024 a los accionistas en registro hasta el 30 de septiembre de 2024. Este es un 'dividendo elegible' según la ley fiscal canadiense. Los accionistas estadounidenses recibirán el equivalente en USD basado en la tasa del Banco de Canadá del 30 de septiembre de 2024.

Osisko también recuerda a los accionistas sobre su plan de reinversión de dividendos (DRIP) para residentes canadienses y estadounidenses. Los accionistas interesados deben contactar a sus asesores financieros o al agente de transferencia de Osisko para obtener detalles sobre la inscripción. La empresa enfatiza que la participación en el DRIP no exime a los accionistas de impuestos sobre los dividendos reinvertidos.

Osisko Gold Royalties (OR: TSX & NYSE)는 2024년 3분기 배당금으로 주식 1주당 C$0.065을 선언했으며, 이는 40번째 연속 분기 배당금을 의미합니다. 배당금은 2024년 10월 15일2024년 9월 30일 기준 주주에게 지급될 예정입니다. 이는 캐나다 세법에 따라 '적격 배당금'으로 분류됩니다. 미국 주주는 2024년 9월 30일 기준으로 캐나다 은행의 환율에 따라 USD로 동등한 금액을 받게 됩니다.

Osisko는 또한 캐나다 및 미국 거주자를 위한 배당금 재투자 계획 (DRIP)을 주주에게 상기시킵니다. 관심 있는 주주는 자신의 재정 상담사나 Osisko의 주식 이전 대리인에게 등록 세부정보를 문의해야 합니다. 회사는 DRIP에 참여한다고 해서 재투자된 배당금에 대한 세금 면제가 이루어지지 않는다고 강조합니다.

Osisko Gold Royalties (OR: TSX & NYSE) a déclaré un dividende pour le troisième trimestre 2024 de 0,065 C$ par action ordinaire, marquant son 40ème dividende trimestriel consécutif. Le dividende sera versé le 15 octobre 2024 aux actionnaires inscrits au 30 septembre 2024. C'est un 'dividende admissible' tel que défini par la loi fiscale canadienne. Les actionnaires américains recevront l'équivalent en USD basé sur le taux de la Banque du Canada au 30 septembre 2024.

Osisko rappelle également aux actionnaires son plan de réinvestissement des dividendes (DRIP) pour les résidents canadiens et américains. Les actionnaires intéressés doivent contacter leurs conseillers financiers ou l'agent de transfert d'Osisko pour des détails d'inscription. La société souligne que la participation au DRIP n'exempte pas les actionnaires d'impôts sur les dividendes réinvestis.

Osisko Gold Royalties (OR: TSX & NYSE) hat eine Dividende für das dritte Quartal 2024 von C$0.065 pro Stammaktie erklärt, was die 40. aufeinanderfolgende Quartalsdividende markiert. Die Dividende wird am 15. Oktober 2024 an die Aktionäre bezahlt, die am 30. September 2024 im Aktienregister stehen. Dies ist eine 'berechtigte Dividende', wie sie im kanadischen Steuerrecht definiert ist. US-Aktionäre erhalten den entsprechenden Betrag in USD basierend auf dem Kurs der Bank von Kanada am 30. September 2024.

Osisko erinnert auch die Aktionäre an seinen Dividenden-Reinvestitionsplan (DRIP) für kanadische und US-Ansässige. Interessierte Aktionäre sollten sich an ihre Finanzberater oder Osiskos Übertragungsagenten wenden, um Informationen zur Anmeldung zu erhalten. Das Unternehmen betont, dass die Teilnahme am DRIP die Aktionäre nicht von der Steuer auf reinvestierte Dividenden befreit.

Positive
  • Consistent dividend payment for 40 consecutive quarters
  • Dividend reinvestment plan available for shareholders
Negative
  • None.

Insights

Osisko's declaration of its 40th consecutive quarterly dividend of C$0.065 per common share demonstrates the company's commitment to shareholder returns. This consistency is noteworthy in the volatile mining sector. The dividend yield, while modest, provides a steady income stream for investors.

The implementation of a dividend reinvestment plan (DRIP) is a strategic move. It allows the company to retain cash for operations or growth while offering shareholders the opportunity to compound their investment. This can be particularly attractive in a low-interest-rate environment. However, investors should consider the tax implications and their individual financial goals before participating in the DRIP.

MONTREAL, Aug. 06, 2024 (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 third quarter 2024 dividend of C$0.065 per common share. This marks Osisko’s 40th consecutive quarterly dividend, which will be paid on October 15, 2024 to shareholders of record as of the close of business on September 30, 2024. This dividend is an "eligible dividend" as defined in the Income Tax Act (Canada).

For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published by the Bank of Canada on September 30, 2024.

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 October 15, 2024 to shareholders on record as of September 30, 2024. 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 Gold Royalties Ltd is an intermediate precious metal royalty company which holds a North American focused portfolio of over 185 royalties, streams and precious metal offtakes, including 20 producing assets. Osisko’s portfolio is anchored by its cornerstone asset, a 3-5% net smelter return royalty on the Canadian Malartic Complex, home to 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' dividend for Q3 2024?

Osisko Gold Royalties (OR) has declared a dividend of C$0.065 per common share for the third quarter of 2024.

When will Osisko Gold Royalties (OR) pay its Q3 2024 dividend?

Osisko Gold Royalties will pay its third quarter 2024 dividend on October 15, 2024 to shareholders of record as of September 30, 2024.

How many consecutive quarterly dividends has Osisko Gold Royalties (OR) paid?

Osisko Gold Royalties has paid 40 consecutive quarterly dividends as of the third quarter of 2024.

Does Osisko Gold Royalties (OR) offer a dividend reinvestment plan?

Yes, Osisko Gold Royalties offers a dividend reinvestment plan (DRIP) for shareholders who are residents of Canada and the United States.

Osisko Gold Royalties Ltd

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