HONG
KONG, Nov. 10, 2022 /PRNewswire/ -- Scully
Royalty Ltd. (the "Company") (NYSE: SRL). The Company is pleased to
announce that its board of directors has declared a cash dividend
of C$0.21 (US$ 0.16) per
common share pursuant to its cash dividend policy, which was
implemented in connection with the Company's focus on enhancing
shareholder value and maximizing earnings and dividends to its
shareholders based upon its iron ore royalty.
The Company is pleased to announce the following details with
respect to the fourth cash dividend of 2022:
- The dividend of C$0.21
(US$0.16) per common share will be
paid in US Dollars on December 6,
2022 to shareholders of record on November 22, 2022. The ex-dividend date will be
November 21, 2022.
The declaration, timing and payment of future dividends will
depend on, among other things, royalty payments received, the
Company's financial and operating results.
Scully Royalty Ltd. Stakeholder
Communications
Scully Royalty Ltd. management welcomes any questions you may
have and looks forward to discussing this announcement with
stakeholders. Further:
- stakeholders are encouraged to read our entire annual report,
which includes our audited financial statements and management's
discussion and analysis, for the year ended December 31, 2021, for a greater understanding of
our business and operations; and
- direct any questions regarding the information in this news
release to our North American toll-free line at 1 (844) 331 3343 or
email info@scullyroyalty.com to book a conference call with our
senior management.
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SOURCE Scully Royalty Ltd.