Royal Oak Board Maintains DSV, Increases Dividend for Q3 2026

Royal Oak Board Maintains DSV, Increases Dividend for Q3 2026

• June 17, 2026
• News

The Royal Oak Board of Directors formally met June 16, 2026. We are pleased to report on the following actions:

• The Board increased the targeted annual dividend $0.03 per share, to be paid monthly for Q3 2026 (July, August, September) at an annualized amount of $4.06/share (equivalent to $0.338/share monthly). This annual dividend target represents a 6.15% annualized yield based on the $66.00 DSV and an 8.12% annualized yield based on the original $50.00 DSV.
  
  
• Following the Independent Directors Committee's ("IDC") review of the information detailed below, the IDC voted to maintain Royal Oak's Determined Share Value ("DSV") at $66.00 per share.

During the Board meeting, the IDC reviewed and considered relevant information and data, as well as various reports by Management relating to the evaluation of the DSV. The IDC also received a valuation report prepared by an independent, third-party consultant, and a broker opinion of value from an independent, national real estate brokerage firm. The full Board reviewed all information with the independent consultants, legal counsel and Management.