Sandstorm Gold Ltd Announces First Dividend Payout for 2025

2025-03-28 companies

Vancouver, Friday, 28 March 2025.
Sandstorm Gold Ltd. has declared its inaugural quarterly cash dividend for 2025, set at CAD 0.02 per share, payable on April 25, 2025, signifying shareholder returns enhancement.

Dividend Details and Shareholder Impact

Sandstorm Gold Ltd. (NYSE: SAND) (TSX: SSL) announced on March 27, 2025, that shareholders of record as of April 14, 2025, will receive the quarterly dividend payment on April 25, 2025 [1][2]. The dividend qualifies as an ‘eligible dividend’ under the Income Tax Act (Canada) [2], providing potential tax advantages for Canadian shareholders. The company’s current dividend yield stands at 0.76% [3], reflecting its commitment to providing regular returns to shareholders.

Financial Performance Context

This dividend announcement comes against the backdrop of Sandstorm’s recent financial performance. The company reported total revenue of US$176.3 million in 2024, with a net income of US$15.5 million [3]. Despite a year-over-year revenue decrease, the company demonstrated resilience with a 16% increase in gross profit to US$96.0 million [3]. The stock has shown strong momentum, reaching a new 52-week high of C$10.80 on March 28, 2025 [6].

Strategic Portfolio Position

Sandstorm Gold maintains a robust portfolio comprising 230 royalties, with 40 producing mines currently active [2]. The company’s business model, established since 2008, focuses on providing upfront capital to mining companies in exchange for production percentages [7]. This strategic approach has positioned Sandstorm as a leading figure in the mining investment landscape, with recent analyst coverage remaining positive. Notable financial institutions including H.C. Wainwright have maintained optimistic outlooks, adjusting their price target to US$11.50 while maintaining a Buy rating [3].

Future Outlook and Growth Strategy

The company’s dividend declaration signals confidence in its operational stability, though future payments will remain subject to Board discretion and market conditions [2]. Sandstorm’s commitment to growth is evidenced by ongoing developments within its portfolio, including notable progress at the Platreef mine in South Africa and the Fruta del Norte mine in Ecuador [3]. These strategic assets form part of the company’s broader vision for sustainable growth and consistent shareholder returns [7].

Sources

Sandstorm Gold Dividend 2025