Silvercorp Metals's last dividend payment of $0.013 per share was made to shareholders on record before Nov 22, 2023. The dividend payment stands at $0.03 per share annually, which equates to a dividend yield of 0.73%.
SVM has a dividend yield of 0.73% which is below the Basic Materials sector average. If we compare it with its Basic Materials sector average of 1.87%, Silvercorp Metals's dividend yield is 61% lower. The historical 5-year average of SVM's dividend yield is 0.7%, which is less than the current yield.
Silvercorp Metals has a dividend history dating as far as 2007, but lately the company has been paying dividends for the last six consecutive years. According to our records SVM has issued two dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price down by 9% from a year ago, the dividend yield has grown by 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 22, 2023 | Dec 15, 2023 | Nov 9, 2023 | $0.013 | normal |
| Jun 9, 2023 | Jun 29, 2023 | May 26, 2023 | $0.013 | normal |
| Nov 23, 2022 | Dec 16, 2022 | Nov 7, 2022 | $0.013 | normal |
| Jun 3, 2022 | Jun 24, 2022 | May 27, 2022 | $0.013 | normal |
| Nov 23, 2021 | Dec 15, 2021 | Nov 8, 2021 | $0.013 | normal |
| Jun 3, 2021 | Jun 25, 2021 | May 26, 2021 | $0.013 | normal |
| Nov 24, 2020 | Dec 16, 2020 | Nov 10, 2020 | $0.013 | normal |
| Jun 4, 2020 | Jun 26, 2020 | May 28, 2020 | $0.013 | normal |
| Nov 26, 2019 | Dec 18, 2019 | Nov 12, 2019 | $0.013 | normal |
| Jun 6, 2019 | Jun 28, 2019 | $0.013 | normal |
SVM has a payout ratio of 14.7% which is lower than the Basic Materials sector average. In comparison with the Basic Materials sector average of 33.8%, Silvercorp Metals's payout ratio is 57% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PAAS Pan American Silver Corp | 2.15% | $0.4 | N/A |
| SVM Silvercorp Metals Inc | 0.74% | $0.03 | 14.7% |
Yes, Silvercorp Metals has been paying dividends for the last six years.
SVM hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in May 2024.
Silvercorp Metals's last regular dividend was on Nov 22, 2023 (ex-date) with the amount of $0.013 per share.
SVM has paid dividend of $0.03 per share in the last year.
Currently Silvercorp Metals's dividend yield is 0.73%.
Silvercorp Metals typically pays two dividends per year.
The dividend payout ratio of Silvercorp Metals is 14.7%.
Silvercorp Metals's dividend yield is less than the Basic Materials sector average.