Triple Flag Precious Metals (TFPM.TO) Dividends
Market Cap: $5.97B
Avg Volume: 153.80K
Industry: Other Precious Metals
Sector: Basic Materials
Dividend Overview
Triple Flag Precious Metals (TFPM.TO) pays a quarterly dividend to its shareholders. The current dividend yield is 1.24%, which means that for every $100 invested at the current price, investors would receive approximately $1.24 in dividends per year (this can change based on future dividend payments and price movements).
About TFPM.TO's Dividend
Triple Flag Precious Metals pays a quarterly dividend of $0.08 per share, which totals $0.32 annually. This means that for each share you own, you'll receive $0.32 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was March 03, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Triple Flag Precious Metals's payout ratio is -1.87% which means that -1.87% 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.
Triple Flag Precious Metals's dividend has decreased by -0.05% over the past year. A decrease in dividends can occur for various reasons, including changes in financial situation or strategic priorities.
TFPM.TO Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.07969859 | 1.24% | March 03, 2025 | March 03, 2025 | March 14, 2025 | |
| $0.07708479 | 1.27% | November 29, 2024 | November 29, 2024 | December 16, 2024 | |
| $0.07425408 | 1.30% | August 30, 2024 | August 30, 2024 | September 16, 2024 | |
| $0.07157464 | 1.27% | May 31, 2024 | May 31, 2024 | June 14, 2024 | |
| $0.07120768 | 1.61% | March 01, 2024 | March 04, 2024 | March 15, 2024 | |
| $0.07138001 | 1.53% | November 29, 2023 | November 30, 2023 | December 15, 2023 | |
| $0.07111123 | 1.46% | August 30, 2023 | August 31, 2023 | September 15, 2023 | |
| $0.06804573 | 1.45% | May 30, 2023 | May 31, 2023 | June 15, 2023 | |
| $0.06801796 | 1.41% | March 02, 2023 | March 03, 2023 | March 15, 2023 | |
| $0.067 | 1.56% | November 29, 2022 | November 30, 2022 | December 15, 2022 | |
| $0.065 | 1.68% | August 30, 2022 | August 31, 2022 | September 15, 2022 | |
| $0.0475 | 1.11% | May 30, 2022 | May 31, 2022 | June 15, 2022 | May 10, 2022 |
| $0.0475 | 0.76% | March 03, 2022 | March 04, 2022 | March 15, 2022 | February 22, 2022 |
| $0.0475 | 0.42% | November 29, 2021 | November 30, 2021 | December 15, 2021 | November 10, 2021 |
| $0.0475 | 0.36% | August 30, 2021 | August 31, 2021 | September 15, 2021 | August 10, 2021 |
Dividend Growth
Triple Flag Precious Metals (TFPM.TO) dividend payments have decreased -4.76% 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 TFPM.TO
- Dividend Payout Ratio: -1.87% Low risk
- Dividend & Capex Coverage Ratio: 2.12x Strong coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: -0.05% Negative
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. Triple Flag Precious Metals's payout ratio is -1.87% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 2.12x 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 Triple Flag Precious Metals can comfortably cover its dividends and necessary investments from its operating cash flow.
Triple Flag Precious Metals'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.
Triple Flag Precious Metals's dividend growth rate of -0.05% is negative, which may signal financial challenges or a shift in capital allocation priorities.
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.