RE Royalties Announces Q1 Dividend for 2024

RE Royalties Ltd., a prominent entity in renewable energy financing, declared a cash dividend of $0.01 per common share for the first quarter of 2024, highlighting its successful business operations and investment strategies. The Vancouver-based company, listed on the TSXV and OTCQX under the symbols RE and RROYF respectively, scheduled the dividend for payment on May 22, 2024, to shareholders recorded on May 1, 2024. This dividend, aimed at providing returns to its shareholders, is part of RE Royalties' commitment to growing revenues, income, and cash flows through strategic investments in the renewable energy sector.

CEO Bernard Tan expressed satisfaction with the company's performance, attributing success to recent investments in Revolve Renewable Power and Clean Communities Corp. Tan underlined the strong demand for the company's unique royalty financing solutions and hinted at plans for portfolio expansion in the near future. This strategy is expected to further solidify the company's position in the renewable energy market, promising continued growth and shareholder value.