Triple Flag Declares Q4 2024 Dividend

Rhea-AI Summary

Triple Flag Precious Metals Corp. (TSX:TFPM, NYSE:TFPM) has announced a quarterly dividend of US$0.055 per common share. The dividend will be paid on December 16, 2024, to shareholders of record as of the close of business on November 29, 2024.

Positive

• Maintaining consistent dividend payments, demonstrating financial stability

Negative

• None.

Insights

Financial Analyst

The quarterly dividend announcement of $0.055 per share maintains Triple Flag's consistent shareholder return policy. For a streaming and royalty company with a market cap of $3.4 billion, this dividend represents an annualized yield of approximately 2%. The company's ability to maintain regular dividend payments reflects the stability of its business model and steady cash flows from its diversified portfolio of precious metals streams and royalties. While this is a routine dividend declaration, it demonstrates Triple Flag's commitment to returning capital to shareholders and its financial health in the precious metals sector.

TORONTO--(BUSINESS WIRE)-- Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX:TFPM, NYSE:TFPM) is pleased to announce that its Board of Directors has approved the declaration of a cash dividend of US$0.055 per common share to be paid on December 16, 2024, to the shareholders of record at the close of business on November 29, 2024.

About Triple Flag Precious Metals

Triple Flag is a pure play, precious-metals-focused streaming and royalty company. We offer bespoke financing solutions to the metals and mining industry with exposure primarily to gold and silver in the Americas and Australia, with a total of 235 assets, including 16 streams and 219 royalties. These investments are tied to mining assets at various stages of the mine life cycle, including 30 producing mines and 205 development and exploration stage projects. Triple Flag is listed on the Toronto Stock Exchange and New York Stock Exchange, under the ticker “TFPM”.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241105262267/en/

Investor Relations:

David Lee

Vice President, Investor Relations

Tel: +1 (416) 304-9770

Email: ir@tripleflagpm.com



Media:

Gordon Poole, Camarco

Tel: +44 (0) 7730 567 938

Email: tripleflag@camarco.co.uk

Source: Triple Flag Precious Metals Corp.

FAQ

What is Triple Flag's (TFPM) Q4 2024 dividend amount?

Triple Flag (TFPM) declared a Q4 2024 dividend of US$0.055 per common share.

When will Triple Flag (TFPM) pay its Q4 2024 dividend?

Triple Flag (TFPM) will pay its Q4 2024 dividend on December 16, 2024, to shareholders of record as of November 29, 2024.

What is the record date for Triple Flag's (TFPM) Q4 2024 dividend?

The record date for Triple Flag's (TFPM) Q4 2024 dividend is November 29, 2024.