{"id":525698,"date":"2021-08-09T21:28:46","date_gmt":"2021-08-10T01:28:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/osisko-declares-a-10-increase-in-quarterly-dividend\/"},"modified":"2021-08-09T21:28:46","modified_gmt":"2021-08-10T01:28:46","slug":"osisko-declares-a-10-increase-in-quarterly-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/osisko-declares-a-10-increase-in-quarterly-dividend\/","title":{"rendered":"Osisko Declares a 10% Increase in Quarterly Dividend"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">MONTREAL, Aug.  09, 2021  (GLOBE NEWSWIRE) &#8212; Osisko Gold Royalties Ltd (the \u201c<strong>Company<\/strong>\u201d or \u201c<strong>Osisko<\/strong>\u201d) (OR: TSX &amp; NYSE) is pleased to announce a third quarter 2021 dividend of C$0.055 per common share, a 10% increase over the second quarter 2021, for an annualized dividend of $0.22 per share. The dividend will be payable on October 15, 2021 to shareholders of record as of the close of business on September\u00a030,\u00a02021.<\/p>\n<p align=\"justify\">Sandeep Singh, President and CEO of Osisko commented: \u201cOn the back of strong first half 2021 results and our ongoing financial strength, we are pleased to prioritize returns to shareholders by increasing our quarterly dividend by 10%.\u201d<\/p>\n<p align=\"justify\">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, 2021. This dividend is an &#8220;eligible dividend&#8221; as defined in the <em>Income Tax Act<\/em> (Canada).<\/p>\n<p align=\"justify\">The Company also wishes to remind its shareholders that it has implemented a dividend reinvestment plan (the \u201cPlan\u201d). 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, 2021 to shareholders on record as of September 30, 2021. More details are available on Osisko\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CCb2v8u7loFvKnoss1eldqhYmJcdUvYrn5mvXBG-80KMwUuHSYnCjGLa5YBTx3YYgccPiidwxYphky_Ixx6X5O4_AigCu0Fv5U8Bx8qBBobcWbExvG6yyxeAyr9OrrGqyG1F5rb-CrECHe4ByhC7dg==\" rel=\"nofollow noopener\" target=\"_blank\">http:\/\/osiskogr.com\/en\/dividends\/drip\/<\/a>.<\/p>\n<p align=\"justify\">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 the Agent at 1-800-387-0825 (toll-free in Canada) or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=AmqyCo03QBYZFygmjyZiZ5T8Z7ToQZsvVzD3K4yXHpVE4HI-Y1Tj7SRKezhyzyjUKL419IH8CKO5J4tGwEru_UZr3HZmZQzhMgwFBGnaK4w=\" rel=\"nofollow noopener\" target=\"_blank\">inquiries@canstockta.com<\/a>.<\/p>\n<p align=\"justify\">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.<\/p>\n<p align=\"justify\">This press release is not an offer or a solicitation of an offer of securities.<\/p>\n<p align=\"justify\">\n        <strong>About Osisko Gold Royalties Ltd <\/strong>\n      <\/p>\n<p align=\"justify\">Osisko Gold Royalties Ltd is an intermediate precious metal royalty company focused on the Americas that commenced activities in June 2014. Osisko holds a North American focused portfolio of over 150\u00a0royalties, streams and precious metal offtakes. Osisko\u2019s portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada.<\/p>\n<p align=\"justify\">Osisko\u2019s head office is located at 1100 Avenue des Canadiens-de-Montr\u00e9al, Suite 300, Montr\u00e9al, Qu\u00e9bec, H3B\u00a02S2.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\n            <strong>For further information, please contact Osisko Gold Royalties Ltd:<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">Heather Taylor<br \/>Vice President, Investor Relations<br \/>Tel. (514) 940-0670 x105<br \/><a href=\"mailto:ssingh@osiskogr.com\" rel=\"nofollow noopener\" target=\"_blank\">htaylor@osiskogr.com<\/a><\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        <strong>Forward-looking statements<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>Certain statements contained in this press release may be deemed &#8220;forward-looking statements&#8221; within the meaning of applicable Canadian and U.S. securities laws. 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<\/em><br \/>\n        <em>that all conditions for payment of the dividend will be met and that such dividend will continue to be an \u201celigible dividend\u201d as defined in the Income Tax Act (Canada). Words such as &#8220;may&#8221;, &#8220;will&#8221;, &#8220;would&#8221;, &#8220;could&#8221;, &#8220;expect&#8221;, &#8220;believe&#8221;, &#8220;plan&#8221;, &#8220;anticipate&#8221;, &#8220;intend&#8221;, &#8220;estimate&#8221;, &#8220;continue&#8221;, 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.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <em>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 \u201cRisk Factors\u201d in the most recent Annual Information Form of Osisko which is filed with the Canadian securities commissions and available electronically under Osisko\u2019s issuer profile on SEDAR at <\/em><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kPkJ0m43_jfikFGDEjl_F0iQtBOS8ywI-NtQnOdShcZ7QA5QzAelx80mcauXHc6Cjb7SCnftQaEb4hr27qUxGw==\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <em>www.sedar.com<\/em><br \/>\n        <\/a><br \/>\n        <em> and with the U.S. Securities and Exchange Commission and available electronically under Osisko\u2019s issuer profile on EDGAR at <\/em><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kPkJ0m43_jfikFGDEjl_F-HhLh_CZSZpvJTCNO37yAinFf_bZy3HgSjig_axpUyZdyrE5ibF0cnioUnTFViymQ==\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <em>www.sec.gov<\/em><br \/>\n        <\/a><br \/>\n        <em>. The forward-looking information set forth herein reflects Osisko\u2019s 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.<\/em>\u00a0<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwNTk4NiM0MzQ5OTA4IzIwMTEwNTQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/OGQwOGY0YWUtNjM3Zi00NTlmLWE1NTctZmJlMDc1OTM2YWUwLTEwMjI2Mjc=\/tiny\/Osisko-Gold-Royalties-Ltd-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MONTREAL, Aug. 09, 2021 (GLOBE NEWSWIRE) &#8212; Osisko Gold Royalties Ltd (the \u201cCompany\u201d or \u201cOsisko\u201d) (OR: TSX &amp; NYSE) is pleased to announce a third quarter 2021 dividend of C$0.055 per common share, a 10% increase over the second quarter 2021, for an annualized dividend of $0.22 per share. The dividend will be payable on October 15, 2021 to shareholders of record as of the close of business on September\u00a030,\u00a02021. Sandeep Singh, President and CEO of Osisko commented: \u201cOn the back of strong first half 2021 results and our ongoing financial strength, we are pleased to prioritize returns to shareholders by increasing our quarterly dividend by 10%.\u201d For shareholders residing in the United States, the U.S. dollar equivalent will be &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/osisko-declares-a-10-increase-in-quarterly-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Osisko Declares a 10% Increase in Quarterly Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-525698","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Osisko Declares a 10% Increase in Quarterly Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/osisko-declares-a-10-increase-in-quarterly-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Osisko Declares a 10% Increase in Quarterly Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MONTREAL, Aug. 09, 2021 (GLOBE NEWSWIRE) &#8212; Osisko Gold Royalties Ltd (the \u201cCompany\u201d or \u201cOsisko\u201d) (OR: TSX &amp; NYSE) is pleased to announce a third quarter 2021 dividend of C$0.055 per common share, a 10% increase over the second quarter 2021, for an annualized dividend of $0.22 per share. The dividend will be payable on October 15, 2021 to shareholders of record as of the close of business on September\u00a030,\u00a02021. Sandeep Singh, President and CEO of Osisko commented: \u201cOn the back of strong first half 2021 results and our ongoing financial strength, we are pleased to prioritize returns to shareholders by increasing our quarterly dividend by 10%.\u201d For shareholders residing in the United States, the U.S. dollar equivalent will be &hellip; Continue reading &quot;Osisko Declares a 10% Increase in Quarterly Dividend&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/osisko-declares-a-10-increase-in-quarterly-dividend\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-10T01:28:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwNTk4NiM0MzQ5OTA4IzIwMTEwNTQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/osisko-declares-a-10-increase-in-quarterly-dividend\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/osisko-declares-a-10-increase-in-quarterly-dividend\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Osisko Declares a 10% Increase in Quarterly Dividend\",\"datePublished\":\"2021-08-10T01:28:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/osisko-declares-a-10-increase-in-quarterly-dividend\\\/\"},\"wordCount\":847,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/osisko-declares-a-10-increase-in-quarterly-dividend\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODMwNTk4NiM0MzQ5OTA4IzIwMTEwNTQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/osisko-declares-a-10-increase-in-quarterly-dividend\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/osisko-declares-a-10-increase-in-quarterly-dividend\\\/\",\"name\":\"Osisko Declares a 10% Increase in Quarterly Dividend - 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The dividend will be payable on October 15, 2021 to shareholders of record as of the close of business on September\u00a030,\u00a02021. Sandeep Singh, President and CEO of Osisko commented: \u201cOn the back of strong first half 2021 results and our ongoing financial strength, we are pleased to prioritize returns to shareholders by increasing our quarterly dividend by 10%.\u201d For shareholders residing in the United States, the U.S. dollar equivalent will be &hellip; Continue reading \"Osisko Declares a 10% Increase in Quarterly Dividend\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/osisko-declares-a-10-increase-in-quarterly-dividend\/","og_site_name":"Market Newsdesk","article_published_time":"2021-08-10T01:28:46+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwNTk4NiM0MzQ5OTA4IzIwMTEwNTQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/osisko-declares-a-10-increase-in-quarterly-dividend\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/osisko-declares-a-10-increase-in-quarterly-dividend\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Osisko Declares a 10% Increase in Quarterly Dividend","datePublished":"2021-08-10T01:28:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/osisko-declares-a-10-increase-in-quarterly-dividend\/"},"wordCount":847,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/osisko-declares-a-10-increase-in-quarterly-dividend\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwNTk4NiM0MzQ5OTA4IzIwMTEwNTQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/osisko-declares-a-10-increase-in-quarterly-dividend\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/osisko-declares-a-10-increase-in-quarterly-dividend\/","name":"Osisko Declares a 10% Increase in Quarterly Dividend - 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