A-Mark Precious Metals, Inc., together with its subsidiaries, operates as a precious metals trading company. It operates in three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products. The Direct-to-Consumer segment provides access to an array of gold, silver, copper, platinum, and palladium products through its websites and marketplaces. It operates five company-owned websites targeting specific niches within the precious metals retail market. This segment also operates as a direct retailer of precious metals to the investor community and markets its precious metal products on television, radio, and the internet, as well as through customer service outreach. The Secured Lending segment originates and acquires commercial loans secured by bullion and numismatic coins; and serves coin and precious metal dealers, investors, and collectors. The company serves customers, including financial institutions, bullion retailers, industrial manufacturers and fabricators, sovereign mints, refiners, coin and metal dealers, investors, collectors, and e-commerce and other retail customers. It has operations in the United States, rest of North America, Europe, the Asia Pacific, Africa, and Australia. A-Mark Precious Metals, Inc. was founded in 1965 and is headquartered in El Segundo, California.
A-Mark Precious Metals Dividend Announcement
• A-Mark Precious Metals announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-10-22. Ex dividend date: 2024-10-08
• A-Mark Precious Metals annual dividend for 2024 was $0.60
• A-Mark Precious Metals annual dividend for 2023 was $0.60
• A-Mark Precious Metals's trailing twelve-month (TTM) dividend yield is 2.11%
• A-Mark Precious Metals's payout ratio for the trailing twelve months (TTM) is 61.05%
A-Mark Precious Metals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-08 | $0.20 | quarterly | 2024-10-22 |
2024-07-18 | $0.20 | quarterly | 2024-07-31 |
2024-04-15 | $0.20 | quarterly | 2024-04-29 |
2023-07-14 | $0.20 | quarterly | 2023-07-28 |
2023-04-14 | $0.20 | quarterly | 2023-04-28 |
2023-01-12 | $0.20 | quarterly | 2023-01-27 |
2022-10-06 | $0.20 | quarterly | 2022-10-24 |
2022-09-09 | $1.00 | quarterly | 2022-09-26 |
2021-09-17 | $2.00 | quarterly | 2021-09-24 |
2020-11-20 | $1.50 | quarterly | 2020-11-30 |
2020-09-18 | $1.50 | quarterly | 2020-09-25 |
2018-02-12 | $0.08 | quarterly | 2018-02-27 |
2017-11-22 | $0.08 | quarterly | 2017-12-13 |
2017-09-15 | $0.08 | quarterly | 2017-09-27 |
2017-05-11 | $0.08 | quarterly | 2017-05-25 |
2017-02-06 | $0.08 | quarterly | 2017-02-24 |
2016-11-09 | $0.07 | quarterly | 2016-12-01 |
2016-09-15 | $0.07 | quarterly | 2016-10-07 |
2016-05-11 | $0.07 | quarterly | 2016-05-27 |
2016-02-10 | $0.07 | quarterly | 2016-02-29 |
2015-11-10 | $0.05 | quarterly | 2015-11-25 |
2015-09-22 | $0.05 | quarterly | 2015-10-05 |
2015-05-12 | $0.05 | quarterly | 2015-05-25 |
2015-03-10 | $0.05 | quarterly | 2015-03-20 |
A-Mark Precious Metals Dividend per year
A-Mark Precious Metals Dividend growth
A-Mark Precious Metals Dividend Yield
A-Mark Precious Metals current trailing twelve-month (TTM) dividend yield is 2.11%. Interested in purchasing A-Mark Precious Metals stock? Use our calculator to estimate your expected dividend yield:
A-Mark Precious Metals Financial Ratios
A-Mark Precious Metals Dividend FAQ
Other factors to consider when evaluating A-Mark Precious Metals as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: A-Mark Precious Metals's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, A-Mark Precious Metals publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, A-Mark Precious Metals distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from A-Mark Precious Metals are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: A-Mark Precious Metals sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, A-Mark Precious Metals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: A-Mark Precious Metals declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of A-Mark Precious Metals's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review A-Mark Precious Metals's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.