OR Royalties Inc.
ORBasic Materials · Stock · quarterly payer
Forward Yield
0.70%
Annual Dividend
$0.26
Payout Ratio
15%
5-Yr Growth
6.1%
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Summary
As of September 2026, OR Royalties Inc. (OR) yields 0.70% ($0.26 per share annually), with a blended fair-value estimate of $26.12 — -30% downside, so it screens as overvalued. Dividend safety grade: A (80/100). 3 years of dividend growth.
Is OR a good dividend stock?
YesOR Royalties Inc. (OR) pays a quarterly dividend yielding 0.70% ($0.26/yr), with 3 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (15%)
- Strong 6.1% 5-yr dividend growth
- 232% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.70%
- Payout Ratio
- 15%
- Annual Dividend
- $0.26
- 5-Yr Avg Growth
- 6.1%
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 1.37
- Market Cap
- $7.0B
- P/E Ratio
- 24.9
- 5-Yr Total Return
- 232%
- 52-Week Range
- $27.54 – $48.06
- Dividend Safety
- A · 80/100
- Ever Cut?
- No
Frequently Asked Questions
OR Price — Last 12 Months
Daily close
Price Return
1 Year
-7%
3 Years
+218%
5 Years
+232%
52-Week Range
$27.54 – $48.06
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is OR worth?
Overvaluedlow confidenceOur blended fair-value estimate for OR Royalties Inc. is $26.12 per share, versus a market price of $37.31. That implies 30% of downside.
Fair Value
$26.12
Current Price
$37.31
Downside
-30%
Margin of Safety
-43%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 20.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 11.1% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $1.50 EPS, $0.26 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
OR Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | — | $0.0650 | regular |
| Mar 31, 2026 | — | $0.0550 | regular |
| Jun 30, 2025 | — | $0.0550 | regular |
| Mar 31, 2025 | — | $0.0450 | regular |
| Dec 31, 2024 | — | $0.0450 | regular |
| Sep 27, 2024 | — | $0.0480 | regular |
| Jun 28, 2024 | — | $0.0470 | regular |
| Mar 27, 2024 | — | $0.0440 | regular |
| Dec 28, 2023 | — | $0.0450 | regular |
| Sep 28, 2023 | — | $0.0440 | regular |
| Jun 29, 2023 | — | $0.0450 | regular |
| Mar 30, 2023 | — | $0.0410 | regular |
| Dec 29, 2022 | — | $0.0400 | regular |
| Sep 28, 2022 | — | $0.0400 | regular |
Income Calculator
At $0.26 / yr per share
