NEW YORK (

TheStreet

) -- The ex-dividend date for

Royal Gold

(Nasdaq:

RGLD

) is tomorrow, March 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $51.36 as of 9:30 a.m. ET, the dividend yield is 0.8%.

The average volume for Royal has been 519,200 shares per day over the past 30 days. Royal has a market cap of $2.8 billion and is part of the

basic materials

sector and

metals & mining

industry. Shares are down 6.2% year to date as of the close of trading on Monday.

Royal Gold, Inc., together with its subsidiaries, acquires and operates precious metals royalties. The company owns royalty interests in various production, development, evaluation, and exploration stage projects, which explore for gold, silver, copper, lead, and zinc metals. The company has a P/E ratio of 82.5, above the average metals & mining industry P/E ratio of 81.2 and above the S&P 500 P/E ratio of 16.2.

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TheStreet Ratings rates Royal as buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Royal Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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