Abitibi Royalties Inc. announced that the Company's board of directors has approved, effective January 2021, a 20% dividend increase to the Company's outstanding common shares from CAD 0.15 to CAD 0.18 per common share on an annualized basis (CAD 0.015 per common share on a monthly basis). This is the second dividend increase announcement in 2020, representing a 50% increase to the Company's dividend from first quarter of 2020. The Company is unique among its peers due to its strong treasury, no debt, monthly dividend, share buyback program and limited number of outstanding shares (less than 12.5 million). The increased dividend amount will begin in January 2021. Record Date is January 5, 2021, February 5, 2021 and March 5, 2021, payable date is January 29, 2021, February 26, 2021 and March 31, 2021.