Source Rock Royalties Ltd. (SRR.V) Dividend - Sept 16

[dan_s]

This micro-cap was recommended by the same EPG member that brought us Hemisphere Energy and InPlay Oil.
Share price is $0.86Cdn, dividend yield is 9.07%.

CALGARY, AB, Sept. 16, 2024 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in cash on October 15, 2024 to shareholders of record on September 30, 2024.

This dividend is designated as an "eligible dividend" for Canadian income tax purposes.

About Source Rock Royalties Ltd.

Source Rock is a pure-play oil and gas royalty company with an existing portfolio of oil royalties in southeast Saskatchewan, central Alberta and west-central Saskatchewan. Source Rock targets a balanced growth and yield business model, using funds from operations to pursue accretive royalty acquisitions and to pay dividends. By leveraging its niche industry relationships, Source Rock identifies and acquires both existing royalty interests and newly created royalties through collaboration with industry partners. Source Rock's strategy is premised on maintaining a low-cost corporate structure and achieving a sustainable and scalable business, measured by growing funds from operations per share and maintaining a strong netback on its royalty production.

An updated Investor Presentation is on the Company's website: https://www.sourcerockroyalties.com/

[dan_s]

If you don't have access to Canada's venture exchange, you can buy Source Rock Royalties on the Pink Sheets in the U.S.

The symbol is SRRRF. Same stock with the same dividends.