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Source Rock Royalties Ltd. ( (TSE:SRR) ) just unveiled an update.
Source Rock Royalties Ltd. declared a monthly dividend of $0.0065 per common share, payable on March 14, 2025, to shareholders of record on February 28, 2025. This dividend announcement reflects the company’s strategy to provide returns to its shareholders while pursuing growth through accretive royalty acquisitions. By maintaining a low-cost structure and leveraging industry partnerships, Source Rock aims to enhance its market position and ensure sustainable business 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 primarily 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 royalty acquisitions and dividend payments. Source Rock leverages industry relationships to acquire existing and new royalty interests, aiming for a sustainable and scalable business through low-cost operations and strong netback on royalty production.
YTD Price Performance: 2.35%
Average Trading Volume: 33,997
Technical Sentiment Consensus Rating: Strong Sell
See more insights into SRR stock on TipRanks’ Stock Analysis page.
