The dividend is payable on April 14.

For the quarter ended December 31, 2021 the firm posted net income of US$68.2 million, or $1.04 per share, up 14% from US$59.9 million or US$0.91 per share the same quarter a year earlier.

The company owns interests on 190 properties in five continents, including interests on 44 producing mines and 17 development stage projects.

These include Centerra Gold's Mount Milligan copper and gold mine in Canada and Khoemacau Copper Mining's Khoemacau development in Botswana.

Royal Gold's earnings streams are based 73% on gold, 11% from silver and 12% from copper.

Shares in the firm closed 0.2% higher or $0.28 up at $126.93 a share.