On March 20, 2026, the Elemental Board of Directors declared the maiden dividend of US$0.03 per common share in the capital of the Company, with the intention to declare subsequent dividends at the end of each fiscal quarter, aggregating to US$0.12 per Common Share for the 2026 fiscal year.
The Dividend will be paid to holders of record of Common Shares as of the close of business (4:30pm Eastern Time) on March 31, 2026, and will be distributed on or about April 15, 2026.
Elemental is has also announced a dividend election alternative, under which duly qualified registered holders of Common Shares may elect to have cash dividends otherwise payable to them, net of applicable of expenses and withholding taxes, delivered in Tether Gold XAU₮ tokens. For the First Dividend, properly completed and signed election forms must be received by the Company no later than March 26, 2026.
Based on the Company’s closing share price of US$21.05 per share on the NASDAQ, on February 13, 2026, the quarterly dividend the Company expects to declare implies a forward annualized dividend yield of 0.6%. Based on 63.9 million shares outstanding as of February 13, 2026, the total dividend anticipated to be paid in respect of the first calendar quarter of 2026 is expected to be approximately US$1.9 million.
Key Documents
FAQ
The dividend will be paid to holders of record of Common Shares as of the close of business (4:30pm Eastern Time) on March 31, 2026, and will be distributed on or about April 15, 2026.
Eligible shareholders will receive annual cash dividend of US$0.12 per Elemental common share, to be paid in quarterly instalments of US$0.03 per share.
Elemental intends to maintain, or even increase, the dividend over time, as we focus on delivering consistently strong results, without compromising our strategy of disciplined and accretive growth through the acquisition and generation of precious metals streams and royalties.
The dividend will be paid to all shareholders per a normal cash dividend, however only registered institutional shareholders named on our share register are currently eligible to elect to receive the dividend in kind in the form of Tether Gold XAU₮.
As a registered institutional shareholder, shares are held in the shareholder name, through a Direct Registration Certificate, or directly with Computershare, rather than in a nominee or brokerage account.
Only registered institutional holders of Common Shares — being institutional shareholders whose Common Shares are registered in their own names on the register maintained by the Company’s transfer agent, Computershare, and not in the name of a broker or other intermediary — will be eligible to participate in the Dividend Election Alternative. Beneficial holders of common shares will not be recognized as Registered Shareholders for the purposes of making an Election.
Registered Shareholders wishing to participate in the Dividend Election Alternative must properly elect in writing to have their dividends delivered in Tether Gold Tokens by completing and signing the attached Election Form. The Election Form must be delivered to the Company in Vancouver, British Columbia, by no later than three business days prior to the applicable Record Date. For the First Dividend, properly completed and signed election forms must be received by the Company no later than March 26, 2026.
To make a valid Election, a participating shareholder will be required to provide, among other things: its name, the number of Common Shares in respect of which the Election is made, certificate number and/or DRS identifier, and a valid wallet address capable of receiving Tether Gold Tokens on the Ethereum Mainnet.
While the Company intends to seek to expand the scope of the Dividend Election Alternative, for the Company’s inaugural dividend and, unless otherwise determined by the Company, for subsequent dividends, participation in the Dividend Election Alternative will be limited to qualifying institutional registered holders of Common Shares who are otherwise legally permitted to receive Tether Gold Tokens and who satisfy the requirements set out in the Dividend Election Document and election form.
Tether Gold (XAU₮) is a stablecoin that provides ownership on a 1:1 basis of one fine troy ounce of gold on a physical gold bar that meets the Good Delivery standard of the London Bullion Market Association (LBMA).
Eligible registered institutional shareholders can elect to receive their shares in Tether Gold by completing and submitting the above form to the Company, no later than March 26, 2026.
No, shareholders will opt-in to receive their shares in Tether Gold.