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Despite major investors reducing stakes, Royal Gold reported strong earnings and announced a new dividend.
Verity Asset Management Inc. reduced its holdings in Royal Gold, Inc. by 5.0%, now owning 14,162 shares valued at $2,316,000.
Bessemer Group Inc. also cut its stake in Royal Gold by 68.2%.
Despite these reductions, Royal Gold reported strong earnings, beating estimates with $1.51 EPS and $193.44 million in revenue.
The company recently announced a quarterly dividend, payable July 17th to shareholders of record on July 3rd.
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A pesar de que los principales inversores redujeron sus participaciones, Royal Gold reportó ganancias fuertes y anunció un nuevo dividendo.