#Canada #Vancouver #dividends #Sandstorm Gold #Royalty Company

Sandstorm Gold Royalties Declares Fourth Quarter Dividend for 2024

Sandstorm Gold Ltd., which operates as Sandstorm Gold Royalties, is excited to inform investors that its Board of Directors has ratified a quarterly cash dividend for the fourth quarter of 2024. This installment is set at C$0.02 per common share, aimed at rewarding shareholders who are officially recorded by the end of the business day on January 21, 2025. The payout will be processed on January 31, 2025.

This dividend announcement marks a significant moment for Sandstorm, reflecting the company’s ongoing commitment to provide shareholders with a return on their investment. Eligible dividends, as defined by the Income Tax Act (Canada), are expected to offer financial benefits to those holding shares in the company.

As with any future dividends, changes to the amount, timing, and declarations will depend on the approvals and discretion of Sandstorm’s Board. They have made it clear that additional reviews of the dividend program will take place routinely. This includes examining the company’s financial standing, strategic capital allocation, profitability, cash flow dynamics, compliance with debt commitments, and adherence to legal requirements. Due to these factors, shareholders should note that there are no solid guarantees concerning future dividend declarations.

For those investors located outside Canada, it is worth noting that dividends will be subjected to withholding taxes applicable to non-residents. This could affect net returns for international investors but does not diminish Sandstorm's substantial investment potential.

About Sandstorm Gold Royalties

Sandstorm is primarily recognized as a royalty company focused on precious metals. By providing upfront financial resources to various mining companies, Sandstorm secures the right to obtain a percentage of the production from associated mines throughout their operational lifespan. Currently, Sandstorm holds an impressive portfolio, encompassing roughly 230 royalties, with 41 mines actively producing. The company has rooted its growth strategy in diversifying its portfolio through the acquisition of more gold royalties, effectively positioning itself to enhance its low-cost production profile significantly.

Investors should be kept informed that this announcement comes with a forward-looking statement. Such statements are fundamental in the context of U.S. securities regulations and Canadian legislation and revolve around key areas like the prospect of future dividends, metal prices, the estimation of mineral reserves, and the timing and amount of expected production from partner mines.

Highlighting critical risks, Sandstorm acknowledges various variables that could influence actual outcomes away from anticipated results. These encompass market volatility, regulatory changes, and operational setbacks among partner mining operations. The company admits that their ambition to grow could be contingent on gaining approvals and market factors that may fluctuate significantly.

In summary, the recent dividend declaration underscores Sandstorm Gold Royalties' commitment to its shareholders and reflects its systematic approach to financial health and strategic growth. As the company keeps an eye on the broader market conditions and operational factors, shareholders may well anticipate a robust year ahead, fortified by a clear dividend strategy.

For further information about Sandstorm Gold Royalties and their ongoing developments, stakeholders are encouraged to visit www.sandstormgold.com.