RE: RE: OT- high dividend yield gold Royalty Stock that is correct! but the math is rel simple to me. if you buy 10000k shares @ 3Euros today and there is approx 11 years left till the Royalty is finished. and they only pay 0.29 Euros per year then thats 3,19 Euros over the next 11 years. But as the Goldprice is higher today they will most likely pay out much more in 2013, maybe even a second dividend or payout in 2012. so basically it is an dividend paying ETF, with the only risk that Rosebell stops production.
As Iamgold owns 80+% of this they will insists that most of the money they make will be payed to shareholders. As they are the largest. at 1750 Gold we should see a payout /dividend of 1Euro next year.