Behold the realm of stocks we keep under our watchful eye. On 1/4/24, Royal Gold Inc (Symbol: RGLD) shall undergo an ex-dividend phase; its quarterly dividend of $0.40 shall manifest on 1/19/24. Given RGLD’s recent stock price of $120.96, this dividend approximates 0.33%.
The capricious nature of dividends should not go unacknowledged; yet, studying past patterns can illumine the likelihood of RGLD’s recent dividend persisting. Is the current estimated yield of 1.32% on an annualized basis a judicious projection for forthcoming annual yield?
Below, the chart delineates the one-year performance of RGLD shares in comparison to their 200-day moving average:
RGLD’s nadir in its 52-week range stands at $101.82 per share, with the zenith hovering at $147.82 — a stark contrast to its recent trade at $121.01.
In today’s market fracas, Royal Gold Inc shares have stumbled by about 0.8%.
Peruse this selection of 25 S.A.F.E. dividend stocks worthy of note.
