On February 17, 2026, the Elemental Board of Directors approved an inaugural dividend policy, declaring an annual cash dividend of US$0.12 per Elemental common share, to be paid in quarterly instalments of US$0.03 per share, with the record date for the inaugural dividend to be paid at the end of the first calendar quarter of 2026, and at the end of each calendar quarter following for subsequent dividends.
Elemental anticipates that qualifying registered shareholders will be able to elect to receive their dividend in the form of Tether Gold XAU₮ tokens, of par value to the dividend price, thereby providing Elemental shareholders with direct ownership of physical gold through their investment in gold royalties.
Subsequent Announcement
The Company plans to notify shareholders of the formal declaration of the dividend and record date in a subsequent news release. The Company also expects that such news release will contain instructions as to how certain registered shareholders may elect to direct their cash dividend to be invested in the purchase of the Tether XAU₮ token.
Based on the Company’s closing share price of US$21.05 per share on the NASDAQ, on February 13, 2026, the quarterly dividend the Company expects to declare implies a forward annualized dividend yield of 0.6%. Based on 63.9 million shares outstanding as of February 13, 2026, the total dividend anticipated to be paid in respect of the first calendar quarter of 2026 is expected to be approximately US$1.9 million.
FAQ:
- When will shareholders receive their dividend?
Elemental expects that the dividend will be paid at the end of the first calendar quarter of 2026, and at the end of each calendar quarter thereafter. - How much will the dividend be per share?
Eligible shareholders will receive annual cash dividend of US$0.12 per Elemental common share, to be paid in quarterly instalments of US$0.03 per share. - What is the long-term policy for the dividend?
Elemental intends to maintain, or even increase, the dividend over time, as we focus on delivering consistently strong results, without compromising our strategy of disciplined and accretive growth through the acquisition and generation of precious metals streams and royalties. - What shareholders are eligible for the dividend?
Only registered shareholders are eligible to receive the dividend or dividend in kind (Tether Gold). - How do I know if I’m a registered shareholder?
As a registered shareholder, your shares are held in your name, through a Direct Registration Certificate, or directly with Computershare, rather than in a nominee or brokerage account. - What is Tether Gold?
Tether Gold (XAU₮) is a stablecoin that provides ownership on a 1:1 basis of one fine troy ounce of gold on a physical gold bar that meets the Good Delivery standard of the London Bullion Market Association (LBMA). - How can shareholders elect to receive their dividend in Tether Gold?
Elemental will release further information on this process in due course. - Do shareholders have to receive their shares in Tether Gold?
No, shareholders will opt-in to receive their shares in Tether Gold.
For further information contact:
| Tara Vivian-Neal Investor Relations investor@elementalroyalty.com | |
| Computershare Computershare Trust Company of Canada 3rd Floor, 510 Burrard Street Vancouver BC, V6C 3B9 Phone: +1 (604) 661-9400 Email: service@computershare.com |
Portfolio At a Glance
Producing Royalties: 16 paying royalties across multiple jurisdictions.
Development Royalties: Exposure to high-quality projects advancing towards production.
Exploration & Generation: Pipeline of royalties created through Elemental’s discovery partnerships.
