B2Gold Corp
BTGBasic Materials · Stock · quarterly payer
Forward Yield
1.45%
Annual Dividend
$0.08
Payout Ratio
14%
5-Yr Growth
-6.2%
Ex-Date
Sep 10, 2026
Frequency
Quarterly
Summary
As of August 2026, B2Gold Corp (BTG) yields 1.45% ($0.08 per share annually), with a blended fair-value estimate of $17.60 — +219% upside, so it screens as undervalued. Dividend safety grade: A (80/100).
Is BTG a good dividend stock?
YesB2Gold Corp (BTG) pays a quarterly dividend yielding 1.45% ($0.08/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (14%)
- 61% total price return over 5 years
- Top-tier dividend safety score
Risks
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 1.45%
- Payout Ratio
- 14%
- Annual Dividend
- $0.08
- 5-Yr Avg Growth
- -6.2%
- Ex-Dividend Date
- Sep 10, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.35
- Market Cap
- $7.3B
- P/E Ratio
- 9.9
- 5-Yr Total Return
- 61%
- 52-Week Range
- —
- Dividend Safety
- A · 80/100
- Ever Cut?
- No
Frequently Asked Questions
BTG Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
+91%
5 Years
+61%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BTG worth?
Undervaluedlow confidenceOur blended fair-value estimate for B2Gold Corp is $17.60 per share, versus a market price of $5.52. That implies 219% of upside — a margin of safety of about 69%.
Fair Value
$17.60
Current Price
$5.52
Upside
+219%
Margin of Safety
69%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 11.1% discount rate (CAPM), 12.9% stage-1 growth, 2.5% terminal growth, $0.56 EPS, $0.08 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BTG Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 10, 2026 | — | $0.0200 | regular |
| Mar 6, 2026 | — | $0.0200 | regular |
| Jun 11, 2025 | — | $0.0200 | regular |
| Mar 7, 2025 | — | $0.0200 | regular |
| Dec 2, 2024 | — | $0.0400 | regular |
| Sep 10, 2024 | — | $0.0400 | regular |
| Jun 11, 2024 | — | $0.0400 | regular |
| Mar 6, 2024 | — | $0.0400 | regular |
| Dec 1, 2023 | — | $0.0400 | regular |
| Sep 20, 2023 | — | $0.0400 | regular |
| Jun 15, 2023 | — | $0.0400 | regular |
| Mar 7, 2023 | — | $0.0400 | regular |
| Dec 6, 2022 | — | $0.0400 | regular |
| Sep 20, 2022 | — | $0.0400 | regular |
Income Calculator
At $0.08 / yr per share
