Triple Flag Declares Q1 2025 Dividend: A Steady Stream of Income

As an investor, you're always on the lookout for reliable sources of income. Triple Flag Precious Metals Corp. (TFPM) has just announced its Q1 2025 dividend, providing a steady stream of income for shareholders. Let's dive into the details and explore what this means for investors.

Dividend Details

* Dividend amount: US$0.055 per share
* Ex-dividend date: March 3, 2025
* Payable date: March 14, 2025

Dividend History

Triple Flag has maintained a consistent quarterly dividend since the beginning of 2021, with the amount remaining at US$0.055 per share. Prior to that, the dividend was US$0.050 per share from Q2 2021 to Q4 2021, and US$0.0475 from Q1 2021 to Q1 2022. The company has not missed or reduced its dividend payments, indicating a stable and reliable dividend policy.

Factors Contributing to Dividend Growth

Several factors have contributed to Triple Flag's dividend growth:

1. Growing Revenue and Earnings: TFPM's revenue and earnings have been increasing over the years. In 2023, the company's revenue was $204.02 million, an increase of 34.33% compared to the previous year's $151.89 million. Although earnings decreased by -34.14% in 2023, the overall trend indicates a growing financial performance.
2. Expanding Portfolio: TFPM has been expanding its portfolio of streams and royalties, providing exposure to gold, silver, nickel, copper, zinc, and lead. As of 2025, the company has a total of 236 assets, including 17 streams and 219 royalties, with exposure primarily to gold and silver in the Americas and Australia. This expansion has contributed to the company's growth and ability to pay higher dividends.
3. Strong GEOs Sales: TFPM has been delivering record GEOs (gold equivalent ounces) sales for eight consecutive years. In 2024, the company achieved the upper half of its 2024 GEOs sales guidance, indicating strong operational performance.

Implications for Investors

Triple Flag's dividend yield of 1.3% may be lower than some of its competitors, but the company's strong financial health, growth prospects, and risk profile make it an attractive investment option. TFPM has a diversified portfolio of streams and royalties, with exposure to multiple commodities and regions, which helps mitigate risk. Additionally, the company's management team has a proven track record of successfully acquiring and managing precious metals assets.

In conclusion, Triple Flag Precious Metals Corp.'s Q1 2025 dividend announcement is a testament to the company's strong financial performance and commitment to providing a steady stream of income to shareholders. As an investor, you can benefit from this reliable income source by adding TFPM to your portfolio.