Music Royalties Inc. Pays 64th Dividend & Acquires Two Catalogs for $2.2 Million
- Music Royalties Inc.
- May 15
- 2 min read
May 15, 2025, Toronto, Canada. Music Royalties Inc. (‘MRI’) is pleased to announce the payment of its 64th dividend representing a cumulative $0.154 per share in dividends paid to shareholders since 2019. The cumulative 15.4 cents in dividends represents a 103% return on capital for initial investors who invested at $0.15 per share, a 39% return in dividends for $0.40 per share investors and up to a 31% return in dividends for $0.50 per share investors, before capital gains. New investors at $0.50 per share receive $0.036 per year for a starting 7.2% yield, which is more than double the average S&P/TSX 60 dividend Canadian Government Bond Yield of 3% and more than five times the S&P 500 dividend yield of 1.3%.
In the first quarter, MRI completed two acquisitions for $2.2 million bringing the portfolio to a total of 30 catalogues and adding an estimated $300,000 to corporate cash flow. MRI acquired a Canadian film and Tv composer’s diversified catalogue including numerous Hallmark movies and children’s shows. Additionally, a songwriter’s catalogue of 176 tracks including a 1995 hit song “Freak Like Me” by Adina Howard, an anthem of female empowerment and “Fallen” by Mya.
MRI 6 Year Dividend Track Record
MRI has more than tripled its dividend and stock price over the past 6 years through significant annual increases in the dividend reflecting MRI’s long-term strategy of making accretive acquisitions at 6-10x cash flow, generating 10-15% yields which underpins the company’s ability to grow the dividend.
6 Year Dividend History
Cumulative Total Dividends Paid $0.154 per Share
The accretive corporate acquisition model with no AUM fees and no debt has allowed MRI to continually increase its dividend. MRI is committed to fully passing through streaming revenues to shareholders and is a diversified portfolio of primarily passive streaming income.
About Music Royalties Inc.
Music Royalties Inc. is an artist, music fan and investor virtual partnership which provides direct exposure to music revenues from global streaming platforms by acquiring royalties for shareholders. MRI has increased share value by accretively acquiring a diversified portfolio of 30 cash flowing royalties from over 7,000 songs.
Contact
Tim Gallagher Connor Gallagher Andrew Robertson
CEO Investor Relations Director
+1 416-925-0090 +1 647-921-2206 +1 416-317+0137
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