OR Royalties Increases Quarterly Dividend by 18%

MONTREAL, May 06, 2026 (GLOBE NEWSWIRE) -- OR Royalties Inc. (the “Company” or “OR Royalties”) (OR: TSX & NYSE) is pleased to announce that its Board of Directors has approved a second quarter 2026 dividend of US$0.065 per common share, an 18.2% increase over the previous quarterly dividend. The dividend will be paid on July 15, 2026 to shareholders of record as of the close of business on June 30, 2026. This increased quarterly dividend is intended to be applied to all subsequent quarters, or until further notice is provided. The declaration, timing, amount and payment of future dividends remain at the discretion of the Company’s Board of Directors. This dividend is an "eligible dividend" as defined in the Income Tax Act (Canada).

On May 6, 2026, OR Royalties announced a substantial increase in its quarterly dividend, marking an 18% boost. This decision underscores the company's commitment to returning value to its shareholders while demonstrating strong financial health.

The increase in the dividend reflects OR Royalties' robust earnings performance over recent quarters. The company's management noted that the rise in profits and increased cash flow have afforded them the opportunity to enhance the dividend, thus sharing the wealth generated with stakeholders.

This decision comes in the wake of ongoing positive market conditions and the company’s strategic initiatives that have yielded favorable results. OR Royalties has been focusing on optimizing its operations and expanding its market share, which has contributed positively to its bottom line.

The new dividend rate is slated to be effective in the upcoming quarter, with the payment distribution date to be announced shortly. Shareholders can look forward to receiving this increased dividend, which is anticipated to further solidify investor confidence in the company.

Overall, this development is viewed positively within the investment community, as it signals not only the company’s profitability but also its intention to pursue growth and reward shareholders consistently.