Income attractions of Duke Royalty

Duke Royalty (LON: DUKE) is unique in the UK, although its royalty model is well known in North America. Duke’s royalty income-based model provides cash generation and an attractive yield. Duke has the finance to grow the business and companies are becoming more aware of the attractions of royalty-based finance rather than bringing in private equity backers or floating on the stockmarket. An interim dividend of 0.75p a share has been declared and the shares go ex-dividend on 24 December. This is for the second quarter and first quarter dividend was also 0.75p a share – it was 0.7p a share for ...