The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

Investing

Source Rock Royalties Declares Monthly Dividend

by August 15, 2024
August 15, 2024
Source Rock Royalties Declares Monthly Dividend

Source Rock Royalties Ltd. (‘Source Rock’) (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in cash on September 13, 2024 to shareholders of record on August 30, 2024.

This dividend is designated as an ‘eligible dividend’ for Canadian income tax purposes.

About Source Rock Royalties Ltd.

Source Rock is a pure-play oil and gas royalty company with an existing portfolio of oil royalties in southeast Saskatchewan, central Alberta and west-central Saskatchewan. Source Rock targets a balanced growth and yield business model, using funds from operations to pursue accretive royalty acquisitions and to pay dividends. By leveraging its niche industry relationships, Source Rock identifies and acquires both existing royalty interests and newly created royalties through collaboration with industry partners. Source Rock’s strategy is premised on maintaining a low-cost corporate structure and achieving a sustainable and scalable business, measured by growing funds from operations per share and maintaining a strong netback on its royalty production.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.

Source

Click here to connect with Source Rock Royalties Ltd. (TSXV: SRR), to receive an Investor Presentation

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Victoria Gold Placed into Receivership After Heap Leach Pad Failure at Eagle Gold Mine
next post
West High YieldResources Ltd. Outlines Next Steps for the Record Ridge Magnesium Project Mine Permit

You may also like

Cizzle Brands Expands its Western Canadian Footprint With...

Crypto Market Recap: Utah Forwards Blockchain Bill, ByBit...

Puma Exploration Drills Visible Gold in 2023 Drilling...

Production Ramp-Up Proceeding to Plan with Technology Proven...

World Copper Establishes At-The-Market Equity Program

Top 3 Canadian Pharma Stocks

Galan Signs Pivotal Commercial Agreement with Catamarca Government...

Tech 5: DeepSeek Disrupts AI Landscape, Tech Stocks...

What Was the Highest Price for Copper? (Updated...

Zero Candida Receives South African Patent for its...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • ‘A fear campaign.’ Students around the world are shocked, scared and saddened...

    • North Korea deploys mystery balloon-like objects to stricken warship, satellite photos show

    • NVIDIA Rallies After Strong Q1, AI Demand Outshines China Export Hit

    • US senators meet with Zelensky in Kyiv as doubt cast over upcoming Ukraine-Russia peace talks

    • Israel’s plan to ‘conquer’ Gaza is leaving Palestinians with little place to go: 5 maps show how

    Categories

    • Business (1,673)
    • Investing (4,999)
    • Politics (7,837)
    • World (6,349)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top