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Source Rock Royalties Ltd. ( (TSE:SRR) ) has issued an update.
Source Rock Royalties Ltd. has announced a monthly dividend of $0.0065 per common share, payable on February 14, 2025, to shareholders recorded by January 31, 2025. This decision reflects the company’s ongoing commitment to providing shareholder value through regular dividends while maintaining its strategic focus on growth and sustainability within the oil and gas royalty sector.
More about Source Rock Royalties Ltd.
Source Rock Royalties Ltd. is a pure-play oil and gas royalty company with a portfolio of oil royalties located in southeast Saskatchewan, central Alberta, and west-central Saskatchewan. The company focuses on a balanced growth and yield business model, utilizing funds from operations for accretive royalty acquisitions and dividend payments. Source Rock aims to maintain a low-cost corporate structure and sustainable growth by leveraging industry relationships to acquire both existing and newly created royalties.
YTD Price Performance: -1.15%
Average Trading Volume: 37,016
Technical Sentiment Consensus Rating: Sell
For an in-depth examination of SRR stock, go to TipRanks’ Stock Analysis page.
