--- title: "Triple Flag Precious Metals Corp. (NYSE:TFPM) Increases Dividend to $0.06 Per Share" type: "News" locale: "en" url: "https://longbridge.com/en/news/295132627.md" description: "Triple Flag Precious Metals Corp. (NYSE:TFPM) declared a quarterly dividend increase to $0.06 per share, up 4.3% from the previous quarter. The ex-dividend date is August 31st, with payments due on September 15th for investors of record. This represents a 0.7% yield. The company recently reported strong Q2 earnings, beating estimates with $0.39 EPS. Analyst ratings remain mixed, with a consensus 'Moderate Buy' and an average price target of $38.67." datetime: "2026-08-06T18:10:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295132627.md) - [en](https://longbridge.com/en/news/295132627.md) - [zh-HK](https://longbridge.com/zh-HK/news/295132627.md) generator: "portal-rs" --- # Triple Flag Precious Metals Corp. (NYSE:TFPM) Increases Dividend to $0.06 Per Share **Triple Flag Precious Metals Corp.** (NYSE:TFPM - Get Free Report) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Monday, August 31st will be given a dividend of 0.06 per share on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, August 31st. This is a 4.3% increase from Triple Flag Precious Metals's previous quarterly dividend of $0.06. - These 3 Surging Gold & Silver Stocks Just Boosted Dividends Triple Flag Precious Metals has a dividend payout ratio of 27.7% meaning its dividend is sufficiently covered by earnings. Analysts expect Triple Flag Precious Metals to earn $1.38 per share next year, which means the company should continue to be able to cover its $0.23 annual dividend with an expected future payout ratio of 16.7%. ## Triple Flag Precious Metals Price Performance Shares of TFPM stock traded up $0.78 on Thursday, hitting $32.05. 284,427 shares of the stock traded hands, compared to its average volume of 634,765. The company's fifty day moving average is $29.24 and its 200 day moving average is $33.16. Triple Flag Precious Metals has a 1-year low of $24.75 and a 1-year high of $41.70. The company has a market capitalization of $6.60 billion, a PE ratio of 21.25, a PEG ratio of 2.64 and a beta of -0.18. - Gold Hits New High: 3 Stocks Investors Should Watch Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.33 by $0.06. Triple Flag Precious Metals had a net margin of 68.68% and a return on equity of 12.90%. The firm had revenue of $129.20 million during the quarter, compared to the consensus estimate of $129.20 million. As a group, equities research analysts expect that Triple Flag Precious Metals will post 1.43 EPS for the current year. ## Analyst Upgrades and Downgrades TFPM has been the topic of a number of recent research reports. Zacks Research cut shares of Triple Flag Precious Metals from a "hold" rating to a "strong sell" rating in a report on Friday, July 10th. Canaccord Genuity Group raised Triple Flag Precious Metals from a "hold" rating to a "buy" rating in a report on Friday, June 12th. Wall Street Zen downgraded Triple Flag Precious Metals from a "buy" rating to a "hold" rating in a research note on Sunday, July 12th. Weiss Ratings lowered Triple Flag Precious Metals from a "buy (b)" rating to a "buy (b-)" rating in a research report on Friday, June 12th. Finally, Scotiabank cut their target price on Triple Flag Precious Metals from $43.00 to $39.00 and set a "sector perform" rating on the stock in a research note on Tuesday, July 14th. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $38.67. - Markets Love Them, Analysts Are Bullish, 3 Mining Stocks To Play **Get Our Latest Report on TFPM** ## About Triple Flag Precious Metals (Get Free Report) Triple Flag Precious Metals Corp. is a Toronto-based precious metals streaming and royalty company traded on the New York Stock Exchange under the ticker TFPM. The company specializes in providing upfront financing to mining operators in exchange for the right to purchase a fixed percentage of future gold and silver production at discounted prices. By structuring these streaming and royalty agreements, Triple Flag Precious Metals aims to optimize its capital deployment and maintain a predictable cost profile while benefitting from upside in precious metal prices. Since its formation in mid-2022, Triple Flag Precious Metals has established a diversified portfolio of streaming and royalty assets across a variety of jurisdictions. ## Featured Articles - Five stocks we like better than Triple Flag Precious Metals - 4 Oil and Gas ETF Plays as Prices Stay Sky-High - What Tesla Stands to Lose If It Walks Away From China - Disney Sets Up for a Magical Year in 2027 - Astera Labs' Post-Earnings Pullback May Be Last Chance to Buy Below $360 *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Triple Flag Precious Metals Right Now? Before you consider Triple Flag Precious Metals, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Triple Flag Precious Metals wasn't on the list. While Triple Flag Precious Metals currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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