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Source Rock Royalties Ltd. ( (TSE:SRR) ) has issued an announcement.
Source Rock Royalties Ltd. has declared a monthly dividend of $0.0065 per common share, payable on April 15, 2025, to shareholders recorded by March 31, 2025. This announcement reflects the company’s commitment to providing shareholder value through regular dividends, supported by its strategic focus on maintaining a low-cost structure and enhancing funds from operations.
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 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 royalty acquisitions and dividend payments. It leverages industry relationships to acquire existing and new royalty interests, aiming for a sustainable and scalable business with a strong netback on its royalty production.
YTD Price Performance: 1.18%
Average Trading Volume: 36,012
Technical Sentiment Consensus Rating: Strong Sell
For detailed information about SRR stock, go to TipRanks’ Stock Analysis page.
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