
OR Royalties Inc.
ORBasic Materials · Gold · Stock · quarterly payer
Forward Yield
0.73%
Annual Dividend
$0.26
Payout Ratio
15%
5-Yr Growth
6.1%
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Key facts about OR's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, OR Royalties Inc. (OR) has a forward dividend yield of 0.73%, based on an annual dividend of $0.26 per share and a share price of $35.55.
- As of Oct 18, 2026, OR's dividend safety grade from SmarterDividends is B (79 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, OR Royalties Inc. (OR) has raised its dividend for 3 consecutive years as of Oct 18, 2026.
- OR has never cut its regular dividend in the payment history SmarterDividends has on record.
- OR's most recent ex-dividend date was Sep 29, 2026, for a dividend of $0.0650 per share.
- As of Oct 18, 2026, OR pays out 15% of its trailing 12-month earnings as dividends (its payout ratio).
- OR's dividend has grown at an average rate of 6.1% a year over the past five years.
- As of Oct 18, 2026, OR's 0.73% yield is 34% below its five-year average yield of 1.10%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for OR is $39.45 per share, 11% above the $35.55 share price, so OR screens as fairly valued.
- OR Royalties Inc. (OR) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "OR Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/OR
Summary
As of Oct 18, 2026, OR Royalties Inc. (OR) yields 0.73% ($0.26 a year per share), has a dividend safety grade of B (79/100) and has 3 consecutive years of dividend increases on record.
Is OR a good dividend stock?
YesOR Royalties Inc. (OR) pays a quarterly dividend yielding 0.73% ($0.26/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (15%)
- Strong 6.1% 5-yr dividend growth
- 191% total price return over 5 years
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.73%
- Payout Ratio
- 15%
- Annual Dividend
- $0.26
- 5-Yr Avg Growth
- 6.1%
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 1.35
- Market Cap
- $6.7B
- P/E Ratio
- 23.5
- 5-Yr Total Return
- 191%
- 52-Week Range
- $27.54 – $48.06
- Dividend Safety
- B · 79/100
- Ever Cut?
- No
OR dividend changes
OR Royalties Inc. (OR) pays a variable dividend: across the 39 payments on record since 2016, 17 were higher than the one before and 10 lower. The latest change was up 18.2% to $0.0650 per share, going ex-dividend on Jun 30, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 30, 2026 | Higher | $0.0550 → $0.0650 | +18.2% |
| Jun 30, 2025 | Higher | $0.0450 → $0.0550 | +22.2% |
| Dec 31, 2024 | Lower | $0.0480 → $0.0450 | −6.3% |
| Sep 27, 2024 | Higher | $0.0470 → $0.0480 | +2.1% |
| Jun 28, 2024 | Higher | $0.0440 → $0.0470 | +6.8% |
| Mar 27, 2024 | Lower | $0.0450 → $0.0440 | −2.2% |
| Dec 28, 2023 | Higher | $0.0440 → $0.0450 | +2.3% |
| Sep 28, 2023 | Lower | $0.0450 → $0.0440 | −2.2% |
| Jun 29, 2023 | Higher | $0.0410 → $0.0450 | +9.8% |
| Mar 30, 2023 | Higher | $0.0400 → $0.0410 | +2.5% |
| Sep 28, 2022 | Lower | $0.0430 → $0.0400 | −7.0% |
| Jun 29, 2022 | Lower | $0.0440 → $0.0430 | −2.3% |
Frequently Asked Questions
Is OR a good dividend stock?
Yes. OR Royalties Inc. (OR) pays a quarterly dividend yielding 0.73% ($0.26/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is OR undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, OR's fair value is about $39.45 versus a $35.55 share price — so it looks fairly valued (+11% vs. fair value).
Is OR's dividend safe?
OR has a dividend-safety grade of B (79/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is OR's fair value?
Our blended fair-value estimate for OR is about $39.45 per share, roughly 11% above the current $35.55 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is OR a buy, hold, or sell?
We don't issue formal ratings, but on the data OR screens as "yes" and fairly valued. OR Royalties Inc. (OR) pays a quarterly dividend yielding 0.73% ($0.26/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will OR cut its dividend?
OR earns a dividend-safety grade of B (79/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does OR pay a dividend?
Yes. OR Royalties Inc. pays a quarterly dividend of about $0.26 per share annually, a forward yield of roughly 0.73%.
What is OR's dividend yield?
As of Oct 18, 2026, OR's forward dividend yield is 0.73%, based on a $0.26 annual dividend and a $35.55 share price.
What is OR's dividend per share?
As of Oct 18, 2026, OR pays $0.26 per share per year, distributed on a quarterly basis.
What is OR's dividend payout ratio?
As of Oct 18, 2026, OR's payout ratio is 15% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has OR grown its dividend?
As of Oct 18, 2026, OR has increased its dividend for 3 consecutive years.
When is the next OR ex-dividend date?
As of Oct 18, 2026, OR's next ex-dividend date hasn't been announced. The most recent was Sep 29, 2026, for $0.0650 per share.
OR Price — Last 12 Months
Daily close
Price Return
1 Year
+2%
3 Years
+142%
5 Years
+191%
52-Week Range
$27.54 – $48.06
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is OR worth?
Fairly valuedlow confidenceOur blended fair-value estimate for OR Royalties Inc. is $39.45 per share, versus a market price of $35.55. That implies the stock is roughly fairly priced.
Fair Value
$39.45
Current Price
$35.55
Gap
+11%
Margin of Safety
10%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 37.4% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 11.1% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $1.51 EPS, $0.26 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
OR Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full OR dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 29, 2026 | — | $0.0650 | regular |
| Jun 30, 2026 | Jul 15, 2026 | $0.0650 | regular |
| Mar 31, 2026 | Apr 15, 2026 | $0.0550 | regular |
| Jun 30, 2025 | Jul 15, 2025 | $0.0550 | regular |
| Mar 31, 2025 | Apr 15, 2025 | $0.0450 | regular |
| Dec 31, 2024 | Jan 15, 2025 | $0.0450 | regular |
| Sep 27, 2024 | — | $0.0480 | regular |
| Jun 28, 2024 | Jul 15, 2024 | $0.0470 | regular |
| Mar 27, 2024 | Apr 15, 2024 | $0.0440 | regular |
| Dec 28, 2023 | Jan 15, 2024 | $0.0450 | regular |
| Sep 28, 2023 | Oct 16, 2023 | $0.0440 | regular |
| Jun 29, 2023 | Jul 14, 2023 | $0.0450 | regular |
| Mar 30, 2023 | Apr 14, 2023 | $0.0410 | regular |
| Dec 29, 2022 | Jan 16, 2023 | $0.0400 | regular |
Income Calculator
At $0.26 / yr per share
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