Sandstorm Gold (SSL.TO) Dividends
Market Cap: $3.43B
Avg Volume: 536.95K
Industry: Gold
Sector: Basic Materials
Dividend Overview
Sandstorm Gold (SSL.TO) pays a quarterly dividend to its shareholders. The current dividend yield is 0.71%, which means that for every $100 invested at the current price, investors would receive approximately $0.71 in dividends per year (this can change based on future dividend payments and price movements).
About SSL.TO's Dividend
Sandstorm Gold pays a quarterly dividend of $0.02 per share, which totals $0.08 annually. This means that for each share you own, you'll receive $0.08 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was April 14, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Sandstorm Gold's payout ratio is 1.23% which means that 1.23% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Sandstorm Gold's dividend has grown by 0.01% over the past year. A positive growth rate can be a sign of the company's confidence in its future earnings.
SSL.TO Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.02 | 0.71% | April 14, 2025 | April 14, 2025 | April 25, 2025 | |
| $0.02 | 0.98% | January 21, 2025 | January 21, 2025 | January 31, 2025 | |
| $0.02 | 0.99% | October 15, 2024 | October 15, 2024 | October 25, 2024 | |
| $0.02 | 1.00% | July 16, 2024 | July 16, 2024 | July 26, 2024 | |
| $0.02 | 1.10% | April 15, 2024 | April 16, 2024 | April 26, 2024 | |
| $0.02 | 1.22% | January 15, 2024 | January 16, 2024 | January 26, 2024 | January 15, 2024 |
| $0.02 | 1.22% | October 16, 2023 | October 17, 2023 | October 27, 2023 | October 16, 2023 |
| $0.02 | 1.10% | July 17, 2023 | July 18, 2023 | July 28, 2023 | July 17, 2023 |
| $0.02 | 1.02% | April 17, 2023 | April 18, 2023 | April 28, 2023 | April 17, 2023 |
| $0.02 | 1.04% | January 16, 2023 | January 17, 2023 | January 27, 2023 | January 16, 2023 |
| $0.02 | 0.93% | October 17, 2022 | October 18, 2022 | October 28, 2022 | October 17, 2022 |
| $0.02 | 0.55% | July 18, 2022 | July 19, 2022 | July 29, 2022 | June 30, 2022 |
| $0.02 | 0.18% | April 18, 2022 | April 19, 2022 | April 29, 2022 | April 18, 2022 |
| $0.02 | 0.26% | January 17, 2022 | January 18, 2022 | January 28, 2022 | December 15, 2021 |
Dividend Growth
Sandstorm Gold (SSL.TO) dividend payments have grown 1.28% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for SSL.TO
- Dividend Payout Ratio: 1.23% Low risk
- Dividend & Capex Coverage Ratio: 4.44x Strong coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: 0.01% Positive
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Sandstorm Gold's payout ratio is 1.23% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 4.44x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates Sandstorm Gold can comfortably cover its dividends and necessary investments from its operating cash flow.
Sandstorm Gold's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
Sandstorm Gold's dividend growth rate of 0.01% is positive but modest, indicating steady but cautious dividend policies.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.