When dividends are important to investors it can be an advantage to know that they will be paid quarterly. This provides a steady income and when it is based on recurring cash revenues there is a confidence that it will continue to be paid and that there will be potential for increases as the company grows.
This company currently yields 8.6% and the dividend is more than three times covered by forecast free cash flow. Continuing investment is building up income and plenty of available cash from its debt facility to further add to its interests.
Royalties investor Duke Royalty (LON: DUKE...
