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Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.

Silver Spike Investment Dividend Announcement

Silver Spike Investment announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-19
Silver Spike Investment annual dividend for 2024 was $0.75
Silver Spike Investment annual dividend for 2023 was $0.85
Silver Spike Investment's trailing twelve-month (TTM) dividend yield is 11.18%
Silver Spike Investment's payout ratio for the trailing twelve months (TTM) is 88.75%

Silver Spike Investment Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-19$0.25quarterly2024-09-27
2024-06-20$0.25quarterly2024-06-28
2024-03-19$0.25quarterly2024-03-28
2023-12-19$0.45quarterly2023-12-29
2023-09-14$0.40quarterly2023-09-29

Silver Spike Investment Dividend per year

Silver Spike Investment Dividend Yield

Silver Spike Investment current trailing twelve-month (TTM) dividend yield is 11.18%. Interested in purchasing Silver Spike Investment stock? Use our calculator to estimate your expected dividend yield:

Silver Spike Investment Financial Ratios

P/E ratio13.39
PEG ratio0.13
P/B ratio0.79
ROE5.74%
Payout ratio88.75%
Current ratio6.09
Quick ratio6.09
Cash Ratio5.70

Silver Spike Investment Dividend FAQ

Does Silver Spike Investment stock pay dividends?
Silver Spike Investment does not currently pay dividends to its shareholders.
Has Silver Spike Investment ever paid a dividend?
No, Silver Spike Investment has no a history of paying dividends to its shareholders. Silver Spike Investment is not known for its dividend payments.
Why doesn't Silver Spike Investment pay dividends?
There are several potential reasons why Silver Spike Investment would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Silver Spike Investment ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Silver Spike Investment has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Silver Spike Investment a dividend aristocrat?
Silver Spike Investment is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Silver Spike Investment a dividend king?
Silver Spike Investment is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Silver Spike Investment a dividend stock?
No, Silver Spike Investment is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Silver Spike Investment stocks?
To buy Silver Spike Investment you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Silver Spike Investment stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.