Royalty Management Holding Corporation (Nasdaq: RMCO) has announced the implementation of a preliminary quarterly cash dividend initiative, set to commence on June 30, 2025. The initiative will start with an annualized dividend rate of $0.01 per share, equating to one fourth of one cent per quarter. This strategic move is part of the company's broader goal to create shareholder value by leveraging excess free cash flow for both dividends and stock repurchases, while also investing in new business expansion opportunities.
The dividends will be distributed to shareholders recorded on the dates of June 30, 2025, September 30, 2025, December 31, 2025, and March 31, 2026, with payments made within 45 days following the end of each calendar quarter. Thomas Sauve, Chief Executive Officer of Royalty Management, emphasized the company's strong cash-generating position from core assets as the foundation for this dividend initiative. Sauve also highlighted the company's flexible approach to capital allocation, indicating a potential shift towards more dividend payments as market conditions and portfolio returns allow.
For further details on Royalty Management Holding Corporation and its initiatives, visit https://www.royaltymgmtcorp.com. The company remains committed to evaluating market conditions and growth opportunities to maximize long-term shareholder returns, as stated in their forward-looking statements. These statements, however, come with the caveat that they are subject to numerous conditions beyond the company's control, as detailed in the 'Risk Factors' section of their filings with the SEC, available at https://www.sec.gov.
