SmarterDividends
SBSW

Sibanye Stillwater Limited

SBSW

Basic Materials · Other Precious Metals & Mining · Stock · semiannual payer

$9.31

Undervalued · +167% Add to Portfolio

Forward Yield

8.69%

Annual Dividend

$0.81

Payout Ratio

27%

5-Yr Growth

—

Ex-Date

Sep 18, 2026

Frequency

Semiannual

Key facts about SBSW's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Sibanye Stillwater Limited (SBSW) has a forward dividend yield of 8.69%, based on an annual dividend of $0.81 per share and a share price of $9.31.
  • As of Oct 27, 2026, SBSW's dividend safety grade from SmarterDividends is C (57 out of 100), which rates the dividend as borderline.
  • SBSW last cut its regular dividend in 2023.
  • SBSW's most recent ex-dividend date was Sep 18, 2026, for a dividend of $0.50 per share.
  • As of Oct 27, 2026, SBSW pays out 27% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 27, 2026, SBSW's 8.69% yield is 15% above its five-year average yield of 7.55%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for SBSW is $24.89 per share, 167% above the $9.31 share price, so SBSW screens as undervalued.
  • Sibanye Stillwater Limited (SBSW) pays its dividend semiannual, 2 times a year.
Cite this page

SmarterDividends, "SBSW Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/SBSW

Summary

As of Oct 27, 2026, Sibanye Stillwater Limited (SBSW) yields 8.69% ($0.81 a year per share) and has a dividend safety grade of C (57/100).

Is SBSW a good dividend stock?

Mixed

Sibanye Stillwater Limited (SBSW) pays a semiannual dividend yielding 8.69% ($0.81/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Comfortable payout ratio (27%)

Risks

  • Cut its dividend in 2023
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
8.69%
Payout Ratio
27%
Annual Dividend
$0.81
5-Yr Avg Growth
—
Ex-Dividend Date
Sep 18, 2026
Years of Growth
0
Frequency
semiannual
Beta
0.92
Market Cap
$6.7B
P/E Ratio
7.8
5-Yr Total Return
-26%
52-Week Range
$7.87 – $21.29
Dividend Safety
C · 57/100
Ever Cut?
Yes (2023)

SBSW dividend changes

Sibanye Stillwater Limited (SBSW) pays a variable dividend: across the 17 payments on record since 2013, 4 were higher than the one before and 7 lower. The latest change was down 66.2% to $0.110 per share, going ex-dividend on Sep 21, 2023.

Ex-dateChangeOld → newMove
Sep 21, 2023Lower$0.325 → $0.110−66.2%
Mar 23, 2023Lower$0.494 → $0.268−45.7%
Sep 15, 2022Lower$0.807 → $0.325−59.7%
Mar 24, 2022Lower$0.866 → $0.494−43.0%
Sep 16, 2021Higher$0.120 → $0.807+572.5%
Apr 5, 2017Lower$0.230 → $0.182−20.9%
Sep 21, 2016Higher$0.0314 → $0.232+640.6%
Mar 16, 2016Higher$0.207 → $0.230+11.4%
Sep 2, 2015Lower$0.183 → $0.0314−82.9%
Mar 18, 2015Lower$0.274 → $0.207−24.4%
Aug 20, 2014Higher$0.150 → $0.183+22.2%
SBSW ex-dividend date & scheduleNext ex-date Sep 18, 2026 · full ex-dividend historyView →SBSW dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is SBSW a good dividend stock?

Mixed. Sibanye Stillwater Limited (SBSW) pays a semiannual dividend yielding 8.69% ($0.81/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is SBSW undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SBSW's fair value is about $24.89 versus a $9.31 share price — so it looks undervalued (+167% vs. fair value).

Is SBSW's dividend safe?

SBSW has a dividend-safety grade of C (57/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

What is SBSW's fair value?

Our blended fair-value estimate for SBSW is about $24.89 per share, roughly 167% above the current $9.31 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SBSW a buy, hold, or sell?

We don't issue formal ratings, but on the data SBSW screens as "mixed" and undervalued. Sibanye Stillwater Limited (SBSW) pays a semiannual dividend yielding 8.69% ($0.81/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will SBSW cut its dividend?

SBSW earns a dividend-safety grade of C (57/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SBSW pay a dividend?

Yes. Sibanye Stillwater Limited pays a semiannual dividend of about $0.81 per share annually, a forward yield of roughly 8.69%.

What is SBSW's dividend yield?

As of Oct 27, 2026, SBSW's forward dividend yield is 8.69%, based on a $0.81 annual dividend and a $9.31 share price.

What is SBSW's dividend per share?

As of Oct 27, 2026, SBSW pays $0.81 per share per year, distributed on a semiannual basis.

What is SBSW's dividend payout ratio?

As of Oct 27, 2026, SBSW's payout ratio is 27% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has SBSW grown its dividend?

SBSW does not currently have a long dividend-growth streak on record.

When is the next SBSW ex-dividend date?

As of Oct 27, 2026, SBSW's next ex-dividend date hasn't been announced. The most recent was Sep 18, 2026, for $0.50 per share.