Dividend GrowthRGLD's Board of Directors approved an increase in the annual common stock dividend, marking the 25th consecutive annual increase.
Portfolio ExpansionThe addition of Sandstorm and Horizon's assets to RGLD's streaming and royalty portfolio provides a lift to near-term production while also enhancing long-term growth as development assets commence production.
Valuation UpgradeAnalyst recommends an upgrade to Outperform, seeing the shares as relatively discounted and increasing the target price to $240.