Elemental Royalty Offers Shareholders Option to Receive Dividend in Digital Gold
Elemental Royalty (NASDAQ:ELE) is offering shareholders the option to receive its upcoming quarterly dividend of $0.03 per share either in fiat currency or digital gold through Tether Gold (XAU₮). This marks a first for the company and introduces greater flexibility, with tokens representing physical gold stored on blockchain technology. Shareholders must elect their preferred payout method by September 24, 2026. The move follows strong financial performance in Q2 2026, including record revenue of $23.8 million (up 127% year-over-year) and operating cash flow of $15.5 million. Elemental Royalty is on track to meet its guidance for gold equivalent ounces production this year. The company's stock has risen significantly in recent years—by over 30% since last year and more than 108% since 2021—reflecting growing investor confidence.
Topics: blockchain corporate innovation dividends gold