Investing.com - Financial Markets Worldwide

Triple Flag Precious Metals increases quarterly dividend by 5%

Published 06/08/2025, 22:14
Triple Flag Precious Metals increases quarterly dividend by 5%
TFPM
-0.96%

TORONTO - Triple Flag Precious Metals Corp. (TSX:TFPM, NYSE:TFPM), a $5 billion market cap precious metals company, announced Wednesday that its Board of Directors has approved a quarterly cash dividend of US$0.0575 per common share, payable on September 15, 2025, to shareholders of record as of September 2, 2025.

The new dividend represents a 5% increase from the previous amount, raising the forward annualized dividend to US$0.23 per common share from US$0.22. This marks the company’s fourth consecutive annual 5% dividend increase since its initial public offering in May 2021. According to InvestingPro, the company maintains strong financial health with impressive gross margins of 87.3%.

Triple Flag is a precious metals streaming and royalty company with a portfolio of 237 assets, including 17 streams and 220 royalties. These assets are primarily located in the Americas and Australia, with 30 producing mines and 207 development and exploration stage projects.

The company is listed on both the Toronto Stock Exchange and New York Stock Exchange under the ticker TFPM.

The dividend announcement was made in a press release issued by the company.

In other recent news, Triple Flag Precious Metals Corp reported its first-quarter 2025 earnings, surpassing Wall Street expectations. The company achieved an earnings per share (EPS) of $0.20, exceeding the forecasted $0.17. Revenue also outperformed projections, reaching $82.25 million compared to the anticipated $67.97 million. Despite these positive financial results, the stock experienced a decline in after-hours trading. These developments highlight the company’s ability to exceed market expectations. No significant mergers or acquisitions were reported during this period. Analyst upgrades or downgrades were not noted in the recent updates. This information reflects the company’s recent financial performance and market activities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.