Sandstorm Gold Royalties Announces Cash Dividend for Investors
Sandstorm Gold Royalties Declares Quarterly Dividend
Sandstorm Gold Ltd. ("Sandstorm Gold Royalties" or the "Company") (NYSE: SAND) is excited to announce that its Board of Directors has approved the second quarterly cash dividend for this year. This dividend is set at C$0.02 per common share, aimed at rewarding shareholders for their ongoing support. Shareholders recorded as of the close of business on July 15 will benefit from this dividend payment, which is scheduled for July 25. This financial commitment underlines the Company's dedication to returning value to its investors.
Understanding the Dividend Process
The declaration of dividends, including their timing and size, is at the discretion of the Company’s Board of Directors. Sandstorm Gold Royalties continuously evaluates its dividend policy, which may change based on various factors such as financial health, profit margins, debt management, and legal considerations. While the Company strives to maintain this dividend program, future declarations are not guaranteed and may be altered based on prevailing economic conditions.
About Sandstorm Gold Royalties
Sandstorm operates as a royalty company focused on precious metals, primarily gold. The Company provides upfront financing to mining operations, securing a percentage of the output from the mines for their operational lifespan. With an impressive portfolio of around 230 royalties and 40 of these mines actively producing, Sandstorm is well-positioned to enhance its low-cost production profile through strategic acquisitions of additional gold royalties.
Investment Opportunities and Financial Planning
Investors are encouraged to consider the implications of this dividend announcement within the broader context of their financial strategies. As market conditions fluctuate, the performance of commodities such as gold and the Company’s ability to navigate through these changes will influence future investment decisions. Non-resident investors should also note that dividends received from Sandstorm are subject to Canadian non-resident withholding taxes.
Frequently Asked Questions
What is the amount of the declared dividend?
The dividend amount is set at C$0.02 per common share.
When will the dividend be paid?
The dividend will be paid on July 25, 2025.
Who will receive the dividend?
Shareholders on record as of July 15, 2025, will receive the dividend payment.
Is this dividend guaranteed?
No, the payment of future dividends is subject to Board approval and the Company's financial circumstances.
What type of company is Sandstorm Gold Royalties?
Sandstorm Gold Royalties is a royalty company that provides upfront financing for mining companies, securing a percentage of their production.
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