Royal Stock To Go Ex-dividend Tomorrow (RGLD)

NEW YORK ( TheStreet) -- The ex-dividend date for Royal Gold (Nasdaq: RGLD) is tomorrow, July 2, 2013. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $43.34 as of 9:31 a.m. ET, the dividend yield is 2%.

The average volume for Royal has been 984,300 shares per day over the past 30 days. Royal has a market cap of $2.59 billion and is part of the basic materials sector and metals & mining industry. Shares are down 48.3% 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 metals royalties and similar production based interests. The company has a P/E ratio of 42.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Royal as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full Royal Ratings Report.

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