Dividends

Royal Gold has been paying a dividend to shareholders since 2000. The Company’s Board of Directors believes that shareholders should see a direct return on their investment and hopes to continue increasing the dividend payout as revenues grow.

Year Dividend, US$ Payment Type Payout Dates
2007 $0.26 Quarterly 01/20/07
04/20/07
07/20/07
2006 $0.22 Quarterly 01/20/06
04/21/06
07/28/06
10/20/06
2005 $0.20 Quarterly 01/21/05
04/22/05
07/22/05
10/21/05
2004 $0.15 Quarterly 01/16/04
04/16/04
07/16/04
10/16/04
2003 $0.10 Semiannual 01/17/03
07/18/03
2002 $0.075 Annual 07/19/03
2001 $0.05 Annual 07/20/02
2000 $0.05 Annual