Sibanye Stillwater is a leading global precious metals mining company headquartered in South Africa. With a strong focus on sustainable mining practices, they extract gold, platinum, and palladium from diverse mining operations. Their commitment to safety, innovation, and responsible resource management has made them a prominent player in the mining industry.
• Sibanye Stillwater announced a SemiAnnual dividend of $0.028 per ordinary share which will be made payable on 2023-09-26. Ex dividend date: 2023-09-21
• Sibanye Stillwater annual dividend for 2023 was $0.10
• Sibanye Stillwater dividend growth for 2022 - 2023 was -97.23%
• Typically, Sibanye Stillwater pays dividends two times
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
21-09-2023 | $ 0.03 | SemiAnnual | 26-09-2023 |
23-03-2023 | $ 0.07 | SemiAnnual | 27-03-2023 |
15-09-2022 | $ 1.38 | SemiAnnual | 19-09-2022 |
14-09-2022 | $ 0.08 | -- | |
24-03-2022 | $ 1.87 | SemiAnnual | 28-03-2022 |
23-03-2022 | $ 0.13 | -- | |
16-09-2021 | $ 2.92 | SemiAnnual | 20-09-2021 |
15-09-2021 | $ 0.20 | -- | |
18-03-2021 | $ 0.22 | SemiAnnual | 23-03-2021 |
17-09-2020 | $ 0.03 | SemiAnnual | 21-09-2020 |
16-09-2020 | $ 0.50 | -- |
Are you planning on buying Sibanye Stillwater? Calculate your expected dividend yield:
Sibanye-Stillwater, a prominent mining company, boasts a dividend policy that reflects its commitment to delivering value to shareholders. The policy aims to balance the distribution of profits to investors while maintaining financial flexibility for growth and sustainability. Sibanye-Stillwater typically targets a dividend payout ratio of 25-35% of normalised earnings. However, the company’s policy is dynamic, considering factors such as commodity prices, market conditions, and capital requirements. This adaptability ensures that shareholders can benefit from dividends while enabling the company to reinvest in its operations, ensuring long-term success and value creation in the volatile mining industry.
Other factors to consider when evaluating Sibanye Stillwater as a dividend stock include its dividend yield, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company’s ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Sibanye Stillwater’s board of directors reviews the company’s financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Sibanye Stillwater publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Sibanye Stillwater distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder’s brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Sibanye Stillwater are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction’s tax regulations.
1. Record Date: Sibanye Stillwater sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Sibanye Stillwater distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder’s brokerage account or bank account.
3. Currency: Company-Name declares the currency in which the dividend will be paid. Depending on the shareholder’s location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Sibanye Stillwater’s dividend, it is crucial to analyze the company’s financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company’s future earnings, cash flow projections, and management’s commitment to dividend policies can provide valuable insights.
It is recommended to review Sibanye Stillwater’s financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company’s financial situation.