NEW YORK ( TheStreet) -- The ex-dividend date for Royal Gold (Nasdaq: RGLD) is tomorrow, April 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $64.90 as of 9:30 a.m. ET, the dividend yield is 0.9%. The average volume for Royal has been 701,000 shares per day over the past 30 days. Royal has a market cap of $3.71 billion and is part of the basic materials sector and metals & mining industry. Shares are down 3.3% year to date as of the close of trading on Friday. Royal Gold, Inc., together with its subsidiaries, engages in the acquisition and management of precious metal royalties. It owns royalty interests in various producing, development, evaluation, and exploration stage projects that explore for gold, silver, copper, lead, and zinc metals. The company has a P/E ratio of 41.3, below the average metals & mining industry P/E ratio of 45.8 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Royal as a 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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Royal Ratings Report. See our dividend calendar or top-yielding stocks list.