#United States #New York #Dividend #Scully Royalty #NYSE SRL

Scully Royalty Ltd. Reports Half-Year Results and Dividend Announcement

Scully Royalty Ltd. (NYSE: SRL) has made significant progress as it announces its half-year report for the six months concluding on June 30, 2024. This document offers detailed insights into the company's financial performance, operational updates, and strategic plans going forward.

Half-Year Report Highlights

The report reveals a stable performance for the first half of the year. Scully Royalty reported a cash dividend of $0.26 per common share, a positive affirmation of its commitment to providing value to its shareholders. This dividend is set to be distributed in US dollars on February 21, 2025, to those shareholders who are on record as of January 24, 2025. The ex-dividend date is designated for January 23, 2025.

Future Dividend Payments

It’s important to note that future dividends will be reliant on various factors, primarily the royalty payments that the company receives. This approach underscores Scully Royalty's focus on maintaining a sustainable payout strategy, ensuring that dividends align with the company's financial health and cash flow status.

Accessible Financial Documents

For those interested in delving deeper into the company's performance, the full half-year report is accessible via Scully Royalty's official website at www.scullyroyalty.com and can also be viewed on the EDGAR database at www.sec.gov. This report comprises unaudited financial statements and a comprehensive management discussion and analysis section, providing shareholders and stakeholders a clearer understanding of the company's operations and plans.

Invitation for Stakeholder Engagement

Scully Royalty Ltd. encourages all stakeholders to review the half-year report thoroughly. The company welcomes any questions or discussions regarding its operations, performance, and future outlook. Stakeholders can reach out through its North American toll-free line at 1 (844) 331 3343 or by sending an email to info@scullyroyalty.com to arrange a conference call with senior management.

Conclusion

As Scully Royalty navigates the upcoming months, the focus remains on sustaining growth and delivering value to its stakeholders. With this latest financial report and dividend declaration, the company aims to reinforce investor confidence and showcase its long-term viability. Further updates will be communicated to shareholders in alignment with market dynamics.

This announcement marks a pivotal moment for Scully Royalty Ltd., setting a benchmark for future public disclosures and stakeholder engagement efforts. The organization remains committed to transparency and the systematic improvement of its operational frameworks as it continues on its corporate journey.