Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements (streams) from companies that have advanced stage development projects or operating mines. It offers upfront payments for companies to acquire a stream or royalty and receives the right to purchase a percentage of a mine's production for the life of the mine at a fixed price per unit or at a fixed percentage of the spot price. The company has a portfolio of 230 streams and royalties. It primarily has operations in Canada, Mexico, the United States, Mongolia, Burkina Faso, Ecuador, South Africa, Ghana, Botswana, Cote D'Ivoire, Argentina, Brazil, Chile, Peru, Egypt, Ethiopia, Guyana, Paraguay, French Guiana, Turkey, Sweden, Fiji, and Australia. The company was formerly known as Sandstorm Resources Ltd. and changed its name to Sandstorm Gold Ltd. in February 2011. Sandstorm Gold Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Sandstorm Gold Dividend Announcement
• Sandstorm Gold announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-15
• Sandstorm Gold annual dividend for 2024 was $0.06
• Sandstorm Gold annual dividend for 2023 was $0.08
• Sandstorm Gold's trailing twelve-month (TTM) dividend yield is 1.44%
• Sandstorm Gold's payout ratio for the trailing twelve months (TTM) is 59.53%
Sandstorm Gold Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-15 | $0.01 | quarterly | 2024-10-25 |
2024-07-16 | $0.01 | quarterly | 2024-07-26 |
2024-01-16 | $0.01 | quarterly | 2024-01-26 |
2024-01-15 | $0.01 | quarterly | 2024-01-26 |
2023-10-16 | $0.01 | quarterly | 2023-10-27 |
2023-07-17 | $0.02 | quarterly | 2023-07-28 |
2023-04-17 | $0.01 | quarterly | 2023-04-28 |
2023-01-17 | $0.01 | quarterly | 2023-01-27 |
2023-01-13 | $0.02 | quarterly | 2023-01-27 |
2022-10-17 | $0.01 | quarterly | 2022-10-28 |
2022-07-18 | $0.02 | quarterly | 2022-07-29 |
2022-04-18 | $0.02 | quarterly | 2022-04-29 |
2022-01-18 | $0.02 | quarterly | 2022-01-28 |
Sandstorm Gold Dividend per year
Sandstorm Gold Dividend growth
Sandstorm Gold Dividend Yield
Sandstorm Gold current trailing twelve-month (TTM) dividend yield is 1.44%. Interested in purchasing Sandstorm Gold stock? Use our calculator to estimate your expected dividend yield:
Sandstorm Gold Financial Ratios
Sandstorm Gold Dividend FAQ
Other factors to consider when evaluating Sandstorm Gold 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: Sandstorm Gold'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, Sandstorm Gold 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, Sandstorm Gold 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 Sandstorm Gold 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: Sandstorm Gold 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, Sandstorm Gold distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sandstorm Gold 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 Sandstorm Gold'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 Sandstorm Gold'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.