SmarterDividends
RGLD

Royal Gold (RGLD) Dividend

21 yrs growth

Royal Gold, Inc. · Basic Materials · Gold · quarterly payer

$253.86

Overvalued · -52% Add to Portfolio

As of Nov 5, 2026, Royal Gold (RGLD) pays a quarterly dividend of $0.4750 per share, or $1.90 a year, a 0.77% yield at its $253.86 share price. It pays every quarter, usually in January, April, July and October. It has raised its dividend 21 years in a row and has a dividend safety grade of A.

Forward Yield

0.77%

Annual Dividend

$1.90

Payout Ratio

21%

5-Yr Growth

10.0%

Ex-Date

Oct 2, 2026

Frequency

Quarterly

Key facts about RGLD's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Royal Gold, Inc. (RGLD) has a forward dividend yield of 0.77%, based on an annual dividend of $1.90 per share and a share price of $253.86.
  • As of Nov 5, 2026, RGLD's dividend safety grade from SmarterDividends is A (97 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Royal Gold, Inc. (RGLD) has raised its dividend for 21 consecutive years as of Nov 5, 2026.
  • RGLD has never cut its regular dividend in the payment history SmarterDividends has on record.
  • RGLD's most recent ex-dividend date was Oct 2, 2026, for a dividend of $0.48 per share.
  • As of Nov 5, 2026, RGLD pays out 21% of its trailing 12-month earnings as dividends (its payout ratio).
  • RGLD's dividend has grown at an average rate of 10.0% a year over the past five years.
  • As of Nov 5, 2026, RGLD's 0.77% yield is 35% below its five-year average yield of 1.18%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for RGLD is $121.54 per share, 52% below the $253.86 share price, so RGLD screens as overvalued.
  • Royal Gold, Inc. (RGLD) pays its dividend quarterly, 4 times a year.
  • Royal Gold, Inc. (RGLD) has raised its regular dividend 22 times and cut it 1 time across the 97 payments on record since 2000. Its most recent change was a 5.6% increase to $0.475 per share, going ex-dividend on Jan 2, 2026. The last cut went ex-dividend on Dec 30, 2003.
  • Royal Gold (RGLD) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 5.6%, was declared on Nov 18, 2025.
Cite this page

SmarterDividends, "RGLD Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/RGLD

Is RGLD a good dividend stock?

Yes

Royal Gold, Inc. (RGLD) pays a quarterly dividend yielding 0.77% ($1.90/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 21 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (21%)
  • Strong 10.0% 5-yr dividend growth
  • 129% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
0.77%
Payout Ratio
21%
Annual Dividend
$1.90
5-Yr Avg Growth
10.0%
Ex-Dividend Date
Oct 2, 2026
Years of Growth
21
Frequency
quarterly
Beta
0.46
Market Cap
$21.5B
P/E Ratio
28.1
5-Yr Total Return
129%
52-Week Range
$168.88 – $306.25
Dividend Safety
A · 97/100
Ever Cut?
No

RGLD dividend raises and cuts

Royal Gold, Inc. (RGLD) has raised its regular dividend 22 times and cut it 1 time across the 97 payments on record since 2000. Its most recent change was a 5.6% increase to $0.475 per share, going ex-dividend on Jan 2, 2026. The last cut went ex-dividend on Dec 30, 2003.

Ex-dateChangeOld → newMove
Jan 2, 2026Raise$0.450 → $0.475+5.6%
Jan 3, 2025Raise$0.400 → $0.450+12.5%
Jan 4, 2024Raise$0.375 → $0.400+6.7%
Jan 5, 2023Raise$0.350 → $0.375+7.1%
Jan 6, 2022Raise$0.300 → $0.350+16.7%
Jan 7, 2021Raise$0.280 → $0.300+7.1%
Jan 2, 2020Raise$0.265 → $0.280+5.7%
Jan 3, 2019Raise$0.250 → $0.265+6.0%
Jan 4, 2018Raise$0.240 → $0.250+4.2%
Jan 4, 2017Raise$0.230 → $0.240+4.3%
Jan 6, 2016Raise$0.220 → $0.230+4.5%
Dec 30, 2014Raise$0.210 → $0.220+4.8%
Show all 23 changes since 2003
Ex-dateChangeOld → newMove
Dec 31, 2013Raise$0.200 → $0.210+5.0%
Jan 2, 2013Raise$0.150 → $0.200+33.3%
Jan 4, 2012Raise$0.110 → $0.150+36.4%
Jan 5, 2011Raise$0.0900 → $0.110+22.2%
Dec 30, 2009Raise$0.0800 → $0.0900+12.5%
Dec 30, 2008Raise$0.0700 → $0.0800+14.3%
Jan 2, 2008Raise$0.0650 → $0.0700+7.7%
Jan 3, 2007Raise$0.0550 → $0.0650+18.2%
Jan 4, 2006Raise$0.0500 → $0.0550+10.0%
Jan 5, 2005Raise$0.0380 → $0.0500+31.6%
Dec 30, 2003Cut$0.0500 → $0.0380−24.0%
Every RGLD payment →Download every raise and cut (CSV)
RGLD ex-dividend date & scheduleNext ex-date Oct 2, 2026 · full ex-dividend historyView →RGLD dividend historyEvery payment, totals by year, raises and cutsView →RGLD dividend calculator100 shares pay $190.00 a year, $47.50 each quarterCalculate →RGLD total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is RGLD a good dividend stock?

Yes. Royal Gold, Inc. (RGLD) pays a quarterly dividend yielding 0.77% ($1.90/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is RGLD undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, RGLD's fair value is about $121.54 versus a $253.86 share price — so it looks overvalued (-52% vs. fair value).

Is RGLD's dividend safe?

RGLD has a dividend-safety grade of A (97/100), based on its payout coverage, free-cash-flow, 21-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is RGLD's fair value?

Our blended fair-value estimate for RGLD is about $121.54 per share, about 52% below the current $253.86 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is RGLD a buy, hold, or sell?

We don't issue formal ratings, but on the data RGLD screens as "yes" and overvalued. Royal Gold, Inc. (RGLD) pays a quarterly dividend yielding 0.77% ($1.90/yr), with 21 years of growth and a dividend-safety grade of A. 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 RGLD cut its dividend?

RGLD earns a dividend-safety grade of A (97/100), 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 RGLD pay a dividend?

Yes. Royal Gold, Inc. pays a quarterly dividend of about $1.90 per share annually, a forward yield of roughly 0.77%.

How much dividend does 100 shares of RGLD pay?

At $1.90 per share a year, 100 shares of RGLD pay $190.00 a year in dividends before tax, about $47.50 each quarter. Buying them costs about $25,386 at the Nov 5, 2026 price.

What is RGLD's dividend yield?

As of Nov 5, 2026, RGLD's forward dividend yield is 0.77%, based on a $1.90 annual dividend and a $253.86 share price.

What is RGLD's dividend per share?

As of Nov 5, 2026, RGLD pays $1.90 per share per year, distributed on a quarterly basis.

What is RGLD's dividend payout ratio?

As of Nov 5, 2026, RGLD's payout ratio is 21% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has RGLD grown its dividend?

As of Nov 5, 2026, RGLD has increased its dividend for 21 consecutive years.

When is the next RGLD ex-dividend date?

As of Nov 5, 2026, RGLD's next ex-dividend date hasn't been announced. The most recent was Oct 2, 2026, for $0.48 per share.

Income Calculator

At $1.90 / yr per share

Per payment (quarterly)$47.50
Annual$190.00
Monthly avg$15.83
Full RGLD dividend calculator →

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