The company has paid this amount to investors since January 2013, after it boosted its payout by a nickel (or 33%) from $0.15 per share. Royal Gold's latest dividend will be payable on Oct. 18 to stockholders of record as of Oct. 4.
On an annualized basis, Royal Gold's dividend adds up to $0.80 per share. The company's stock was trading at $51.03 as of the market's close on Sept. 16, which means Royal Gold's dividend currently yields 1.5%.
Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.