DENVER, COLORADO. NOVEMBER 9, 2005:
ROYAL GOLD, INC. (NASDAQ:RGLD; TSX:RGL) today announced that its Board
of Directors increased the Company's annual dividend from $0.20 to
$0.22, payable on a quarterly basis of $0.055 per share of common stock.
The newly declared dividend is 10% higher than the dividend paid in
calendar year 2005. Royal Gold has steadily increased its annual
dividend since it first issued a $0.05 annual payment for calendar year
2000.
The Board also declared the dividend of $0.055 per share
will be payable on January 20, 2006, to shareholders of record at the
close of business on January 6, 2006.
Stanley Dempsey, Chairman
and CEO, said, "We are pleased to be able to pay out an increased
dividend to our shareholders for the 5th year in a row. This increase
reflects our strong financial position and the Board's confidence in the
future growth of the Company."
Royal Gold is a precious metals
royalty company engaging in the acquisition and management of precious
metals royalty interests. Royal Gold is publicly traded on the NASDAQ
National Market System, under the symbol "RGLD" and on the Toronto Stock
Exchange, under the symbol "RGL." The Company's web page is located at
www.royalgold.com .
Nov 09, 2005