
Sibanye Stillwater Limited
SBSWBasic Materials · Other Precious Metals & Mining · Stock · semiannual payer
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?
MixedSibanye 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-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 21, 2023 | Lower | $0.325 → $0.110 | −66.2% |
| Mar 23, 2023 | Lower | $0.494 → $0.268 | −45.7% |
| Sep 15, 2022 | Lower | $0.807 → $0.325 | −59.7% |
| Mar 24, 2022 | Lower | $0.866 → $0.494 | −43.0% |
| Sep 16, 2021 | Higher | $0.120 → $0.807 | +572.5% |
| Apr 5, 2017 | Lower | $0.230 → $0.182 | −20.9% |
| Sep 21, 2016 | Higher | $0.0314 → $0.232 | +640.6% |
| Mar 16, 2016 | Higher | $0.207 → $0.230 | +11.4% |
| Sep 2, 2015 | Lower | $0.183 → $0.0314 | −82.9% |
| Mar 18, 2015 | Lower | $0.274 → $0.207 | −24.4% |
| Aug 20, 2014 | Higher | $0.150 → $0.183 | +22.2% |
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.
SBSW Price — Last 12 Months
Daily close
Price Return
1 Year
-31%
3 Years
+107%
5 Years
-26%
52-Week Range
$7.87 – $21.29
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SBSW worth?
Undervaluedlow confidenceOur blended fair-value estimate for Sibanye Stillwater Limited is $24.89 per share, versus a market price of $9.31. That implies 167% of upside — a margin of safety of about 63%.
Fair Value
$24.89
Current Price
$9.31
Upside
+167%
Margin of Safety
63%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.9% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $1.19 EPS, $0.81 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SBSW Dividend Safety Score
Borderline
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
Full SBSW dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 18, 2026 | Oct 6, 2026 | $0.4990 | regular |
| Mar 20, 2026 | Apr 2, 2026 | $0.3280 | regular |
| Sep 21, 2023 | Oct 6, 2023 | $0.1100 | regular |
| Mar 23, 2023 | Apr 6, 2023 | $0.2680 | regular |
| Sep 15, 2022 | Sep 29, 2022 | $0.3250 | regular |
| Mar 24, 2022 | Apr 7, 2022 | $0.4940 | regular |
| Sep 16, 2021 | Sep 30, 2021 | $0.8070 | regular |
| Mar 18, 2021 | Apr 1, 2021 | $0.8660 | regular |
| Sep 17, 2020 | Oct 1, 2020 | $0.1200 | regular |
| Apr 5, 2017 | Apr 20, 2017 | $0.1824 | regular |
| Sep 21, 2016 | — | $0.2324 | regular |
| Mar 16, 2016 | — | $0.2304 | regular |
| Sep 2, 2015 | — | $0.0314 | regular |
| Mar 18, 2015 | — | $0.2069 | regular |
Income Calculator
At $0.81 / yr per share
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