Sibanye Stillwater Limited
SBSWBasic Materials · Stock · semiannual payer
Forward Yield
6.44%
Annual Dividend
$0.81
Payout Ratio
27%
5-Yr Growth
—
Ex-Date
Sep 18, 2026
Frequency
Semiannual
Summary
As of September 2026, Sibanye Stillwater Limited (SBSW) yields 6.44% ($0.81 per share annually), with a blended fair-value estimate of $15.41 — +20% upside, so it screens as undervalued. Dividend safety grade: C (57/100).
Is SBSW a good dividend stock?
MixedSibanye Stillwater Limited (SBSW) pays a semiannual dividend yielding 6.44% ($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
Key Data
- Dividend Yield
- 6.44%
- Payout Ratio
- 27%
- Annual Dividend
- $0.81
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 18, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- 0.97
- Market Cap
- $9.1B
- P/E Ratio
- 10.0
- 5-Yr Total Return
- 2%
- 52-Week Range
- $7.87 – $21.29
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
SBSW Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
+103%
5 Years
+2%
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?
Undervaluedmedium confidenceOur blended fair-value estimate for Sibanye Stillwater Limited is $15.41 per share, versus a market price of $12.79. That implies 20% of upside — a margin of safety of about 17%.
Fair Value
$15.41
Current Price
$12.79
Upside
+20%
Margin of Safety
17%
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 3.6% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.1% discount rate (CAPM), 3.6% stage-1 growth, 2.5% terminal growth, $1.26 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 20, 2026 | — | $0.3280 | regular |
| Sep 21, 2023 | — | $0.1100 | regular |
| Mar 23, 2023 | — | $0.2680 | regular |
| Sep 15, 2022 | — | $0.3250 | regular |
| Mar 24, 2022 | — | $0.4940 | regular |
| Sep 16, 2021 | — | $0.8070 | regular |
| Mar 18, 2021 | — | $0.8660 | regular |
| Sep 17, 2020 | — | $0.1200 | regular |
| Apr 5, 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 |
| Aug 20, 2014 | — | $0.1833 | regular |
Income Calculator
At $0.81 / yr per share
