Royal Gold, Inc. announced that its Board of Directors approved an increase in the Company?s annual calendar year common stock dividend of approximately 6% from $1.80 to $1.90 per share for 2026, payable on a quarterly basis of $0.475 per share. The first quarterly dividend at the increased rate is payable on January 16, 2026, to shareholders of record at the close of business on January 2, 2026.