Sandstorm Gold Royalties Announces First Quarterly Dividend for 2025

On March 27, 2025, Sandstorm Gold Ltd. officially announced the declaration of its first quarterly cash dividend for the year 2025. The dividend, set at C$0.02 per common share, is a significant update for shareholders following the company's continued efforts in the precious metals sector. The company has stipulated that shareholders recorded by the close of business on April 14, 2025, will be eligible for this dividend, which is scheduled for distribution on April 25, 2025.

Dividend Payment Highlights

The Board of Directors at Sandstorm Gold Royalties has outlined that this dividend qualifies as an "eligible dividend" under the Income Tax Act (Canada). This classification is essential as it determines the tax implications for shareholders receiving the payment, particularly for non-resident investors, who should be aware that dividends paid outside Canada will incur non-resident withholding taxes. The declaration of the dividend is a positive development, but future payments will be subject to the discretion and decisions made by the Board of Directors, taking into account Sandstorm's financial standing, cash flow, compliance with debt covenants, and legal obligations.

Future Dividend Considerations

While Sandstorm Gold Royalties expresses commitment to ongoing reviews of its dividend program, potential changes could occur depending on various financial metrics and overall market conditions. These considerations imply that assurance cannot be provided regarding the declaration of future dividends. The company's ability to sustain dividend payments will heavily depend on factors including its profitability, capital allocation decisions, and operational performance in the mining sector.

About Sandstorm Gold Royalties

Sandstorm Gold Royalties specializes in providing upfront financing for mining companies, earning the right to a share of production from a mine throughout its lifespan. The firm boasts an extensive portfolio of 230 royalties, with 40 of those mines currently in production. Sandstorm aims to grow and diversify its mining operations, focusing on acquiring additional gold royalties to strengthen its position in the precious metals market. For those seeking more information about the company and its operations, comprehensive details can be found on their official website: www.sandstormgold.com.

Conclusion

The announcement of the dividend showcases Sandstorm Gold Royalties' ongoing commitment to returning value to its shareholders while navigating the complexities of the financial landscape within the mining industry. Stakeholders will be keenly observing how the company manages its dividend program in the coming months, especially in light of fluctuating gold prices and market dynamics. Investors are recommended to stay informed on the latest developments and engage with the company's materials for updated insights into its operations and financial decisions.

Cautionary Notes

Potential investors and current shareholders should consider the cautionary statements regarding forward-looking information provided by Sandstorm. The company has indicated that actual outcomes may vary significantly from those anticipated due to various risks such as market conditions, operational challenges, commodity price volatility, and regulatory factors affecting their business operations. Understanding these risks will be crucial for shareholders when assessing the future prospects of Sandstorm Gold Royalties.