Elemental Royalty Declares Dividend with XAUT Gold-Backed Token Option
Key Facts
In a move that bridges traditional mining returns with digital innovation, Elemental Royalty's Board of Directors has declared a quarterly dividend of US$0.03 per common share. According to reports, the dividend is scheduled for payment on October 15, 2026, to shareholders of record as of September 30, 2026. This declaration is part of the company's capital return strategy for the 2026 fiscal year, bringing the total annual dividend to US$0.12 per share.
The announcement is highlighted by a unique alternative offering that allows shareholders to receive their dividend payments via the gold-backed XAUT token. Per market data and company filings, the number of tokens delivered will be calculated based on the LBMA Gold Price on the trading day immediately prior to the record date. This initiative aims to appeal to gold-focused investors by providing a direct link between corporate earnings and digital gold assets.
As of the close on September 16, 2026, ELE shares stood at $20.02, having reached a session high of $21.23. Investors will be watching the stock's performance leading up to the September 30 record date for the dividend. While the upcoming economic calendar shows no direct catalysts for the company in the next seven days, the stock remains sensitive to broader gold market trends and investor sentiment regarding the new crypto-payment option.