SRL - Dividend announcements

SHANGHAI, Oct. 13, 2023 /PRNewswire/ -- Scully Royalty Ltd. (the "Company") (NYSE:SRL) announces that the operator of the Scully mine has obtained an initial court order commencing proceedings under the Companies' Creditor's Arrangement Act (Canada) ("CCAA").  In connection with the CCAA proceedings, the operator of the mine announced that it had reached agreement for a US$75 million loan facility (debtor-in-possession), which it stated will enable it to continue operating in the ordinary course until a transaction or restructuring is completed. The Company currently has various outstanding claims against the operator that are subject to a stay under the initial CCAA order, including royalt

HONG KONG, Feb. 9, 2022 /PRNewswire/ -- Scully Royalty Ltd. (the "Company") (NYSE:SRL) is pleased to announce that its board of directors has declared a cash dividend of C$0.25 (US$0.18) per common share pursuant to its recently announced cash dividend policy.  As previously announced, the cash dividend policy was implemented in connection with the Company's focus on enhancing shareholder value and maximizing earnings and dividends to its shareholders based upon its iron ore royalty. The Company is pleased to announce the following details with respect to the first cash dividend of 2022: The dividend of C$0.25 (US$0.18) per common share will be paid in US dollars on March 4, 2022 to sharehol

HONG KONG, April 30, 2021 /PRNewswire/ -- Scully Royalty Ltd. (the "Company") (NYSE:SRL) is pleased to announce that it has filed its annual report on form 20-F with the Securities and Exchange Commission, and also provides the following corporate updates: UPDATE ON THE SCULLY MINE The most valuable asset that the Company owns is its net revenues royalty interest in the Scully iron ore mine located in the Province of Newfoundland and Labrador, Canada. The royalty rate under this interest is 7.0% on iron ore shipped from the mine and 4.2% on iron ore shipped from tailings and other disposed materials, with a minimum payment of C$3.25 million per annum.  In 2017, a new operator acquired the S