RE: OT- high dividend yield gold Royalty Stock mr tea, i called the company up and they say they that there was a hostile takeover in 2008 by Iamgold. so its not a growing business where they can acquire more royalties. they just have this one and when it runs out that that. they have interest in 4.1 million ounces remaining . last year they paid out return on capital and not a dividend. this year they paid dividend on tuesday and was classified a dividend.
so do you think there is any upside in this stock.? i just think its a return of capital and the stock price would come down every time they pay the dividend/return of capital . so if they pay .29 euro every year then by the end of 12 years thats 3.48 euro and they the royalty finishes. the only upside this will have is if the gold price rises, while the other royalty companies grow the number of royalties and have exponential growth. would like your opinion before i invest big in this company.