Publishers

Need unique free news content for your site customized to your audience?

Let's Discuss

PRESS RELEASE
By: NewMediaWire
January 30, 2025

Royalty Management Holding Corp Declares Commencement of Regular Quarterly Cash Dividend to Shareholders

The Company is implementing a preliminary cash dividend initiative starting on June 30th of 2025, with an annualized dividend rate starting at $0.01 per share (one fourth of one cent per quarter).  

Goal of creating shareholder value through a combination of stock repurchases and dividends is achievable through excess free cash flow while also allocating capital to investments in new opportunities to expand business.

FISHERS, IN - January 30, 2025 (NEWMEDIAWIRE) - Royalty Management Holding Corporation (NASDAQ: RMCO) (“Royalty Management” or the “Company”), a forward leaning royalty company building shareholder value by acquiring and developing high value assets in a variety of resource-driven and emerging technology industries, is pleased to announce that the Company’s Board of Directors has voted in favor of declaring a $0.01 per share annual cash dividend.  This dividend will be paid to shareholders of the Company on a calendar quarterly basis, starting on June 30, 2025.  Shareholders of the Company as of the record dates of June 30, 2025, September 30, 2025, December 31, 2025, and March 31, 2026, will each receive a quarterly dividend of one-fourth of $0.01 per share, payable within 45 days after the end of the calendar quarter.  Future dividends after this date will be subject to Board approval.

Thomas Sauve, Chief Executive Officer of the Company, commented, “Our business has progressed meaningfully since going public in late 2023, from both the perspective of the growth of the value of our invested assets, expansion of the strength of our balance sheet, and the growth of our revenue and cashflow.  This has all helped enable the company and its Board of Directors to implement a regular cash dividend program starting on a record date of June 30th, 2025, and quarterly thereafter.  We believe implementing a cash dividend as a result of our strong expected cash flow hits right in the heart of our royalty-based platform and confident that we will be able to continually grow our business both organically and through additional acquisitions of high value asset and cash flow streams.  We are thankful for the hard work of our team and partners that are focused on growing our business while also implementing high value programs like stock buy backs and now dividends.” 

About Royalty Management Holding Corporation

Royalty Management Holding Corporation (NASDAQ: RMCO) is a royalty company building shareholder value to benefit both its shareholders and communities by acquiring and developing high value assets in a variety of market environments. The model is to acquire and structure cashflow streams around assets that can support the communities by monetizing the current existing cash flow streams while identifying transitionary cash flow from the assets for the future.

For more information visit www.royaltymgmtcorp.com.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those that will be set forth in the “Risk Factors” section of the Company’s registration statement and proxy statement/prospectus to be filed with the SEC. Copies will be available on the SEC’s website, www.sec.gov. The information contained in this release is as of the date first set forth above.  The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company Contact:
Thomas Sauve
Chief Executive Officer
www.royaltymgmtcorp.com
(646) 245-2465

SOURCE: Royalty Management Holding Corporation

View the original release on www.newmediawire.com

Blockchain Registration, Verification & Enhancement provided by NewsRamp™

This press release is distributed by NewMediaWire. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Royalty Management Holding Corp Declares Commencement of Regular Quarterly Cash Dividend to Shareholders.

{site_meta && site_meta.display_name} Logo

NewMediaWire

NewMediaWire distributes press releases on behalf of hundreds of publicly traded companies, as well as private corporations, non-profits and other public sector organizations. Founded and staffed by industry veterans, we offer a full complement of services including specialized delivery to financial sites and posting of photos and multimedia content. In addition, NewMediawire offers international and specialized services such as IR websites and industry specific distribution.