Scully Royalty (SRL)
Earns royalty income from Scully Mine alongside Europe-focused merchant banking.
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Earns net-revenue royalties from the Scully iron ore mine and conducts Europe-focused merchant-banking activities, including industrial real-estate parks.
Royalty operations center on a net-revenue interest in the Scully iron ore mine in Newfoundland and Labrador. The mine resumed operations under new ownership in 2019. Merchant Banking carries Europe-focused activities, including two industrial real-estate parks, while unrelated or immaterial holdings remain in All Other.
The current issuer emerged from a 2017 court-approved holding-company arrangement and adopted the Scully Royalty name in 2019. In 2024, reporting was simplified to the Royalty and Merchant Banking segments as underperforming or non-core assets were rationalized. Royalty revenue depends on mine production and iron-ore-price volatility.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2025Cash & short-term investments $18.4M · Total debt $28.5M · Total assets $315.3M · Shareholders' equity $218.9M
- Revenue
- $13.9M
- Operating income
- $589.4K
- Net income
- −$1.4M
Reported in CAD, converted at the latest exchange rate
Last raised to $0.26 from $0.17 in Jan 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jan 24, 2025 | Jan 24 | Feb 21 | $0.26 | raised from $0.17 |
| May 8, 2023 | May 9 | May 19 | $0.17 | raised from $0.16 |
| Nov 21, 2022 | Nov 22 | Dec 6 | $0.16 | cut from $0.26 |
| Aug 11, 2022 | Aug 12 | Aug 26 | $0.26 | cut from $0.27 |
| May 9, 2022 | May 10 | May 23 | $0.27 | raised from $0.18 |
| Feb 17, 2022 | Feb 21 | Mar 4 | $0.18 |
| Institutions13 holders · as of Jun 30, 2026 | 39.35% | 5.99M ADS | |
| Insiders1 holder · as of Jul 31, 2026 | 35.46% | 5.40M ADS | |
| Strategic holders1 holder · as of Feb 11, 2019 | 0.04% | 6.8K ADS | |
| Otherremainder | 25.15% | 3.83M ADS |
15.23M ADS as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2022 annual report; nothing newer is on file here.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Peter R. KelloggInsider | 35.46% | 5.40M | 13Dfiled Jul 31, 2026 ↗ |
Iat Reinsurance Co Ltd.Institution | 22.44% | 3.42M ADS | 13Fas of Jun 30, 2026 |
Milfam LLCInstitution | 13.04% | 1.99M ADS | 13Fas of Jun 30, 2026 |
Nantahala Capital Management, LLCInstitution | 2.42% | 368,182 ADS | 13Fas of Jun 30, 2026 |
Citadel Advisors LLCInstitution | 0.47% | 71,786 ADS | 13Fas of Jun 30, 2026 |
| See all 17 → | |||
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more
Insider tradesForm 4
Nothing filed in the last 12 months.
- Life360
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- Rio Tinto (ADR)
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- electroCore
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- Triple Flag Precious Metals
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Scully Royalty | $5.88 | +2.26% | $88.6M | — | — | 3.3 | — |
| Life360 | $43.11 | −0.13% | $3.50B | 25.0 | 29.9 | 6.1 | +37.8% |
| Citizens | $3.89 | −0.77% | $196.7M | 16.7 | 18.2 | 0.8 | — |
| Vale (ADR) | $15.73 | −0.03% | $67.08B | 32.8 | 8.7 | 1.6 | +19.2% |
| Rio Tinto (ADR) | $102.76 | −0.01% | $166.97B | 13.8 | — | 2.7 | +14.5% |
| electroCore | $9.60 | +6.08% | $85.7M | — | — | 2.3 | +28.0% |
| Triple Flag Precious Metals | $34.27 | +0.48% | $7.05B | 17.0 | 25.7 | 14.4 | +37.3% |
| Median | 17.0 | 22.0 | 2.5 | +28.0% |








