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Silver Spike Investment (Silver Spike Investment) Dividend Yield % : 6.45% (As of May. 09, 2024)


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What is Silver Spike Investment Dividend Yield %?

As of today (2024-05-09), the Trailing Annual Dividend Yield of Silver Spike Investment is 6.45%.

Good Sign:

Silver Spike Investment Corp stock dividend yield is close to 1-year high.

The historical rank and industry rank for Silver Spike Investment's Dividend Yield % or its related term are showing as below:

SSIC' s Dividend Yield % Range Over the Past 10 Years
Min: 2.36   Med: 4.34   Max: 6.45
Current: 6.45

During the past 3 years, the highest Dividend Yield of Silver Spike Investment was 6.45%. The lowest was 2.36%. And the median was 4.34%.

SSIC's Dividend Yield % is ranked better than
95.01% of 501 companies
in the Drug Manufacturers industry
Industry Median: 1.67 vs SSIC: 6.45

Silver Spike Investment's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.17.

During the past 3 years, the highest Dividend Payout Ratio of Silver Spike Investment was 0.21. The lowest was 0.21. And the median was 0.21.

As of today (2024-05-09), the Forward Dividend Yield % of Silver Spike Investment is 6.45%.

Silver Spike Investment's Dividends per Share for the three months ended in Dec. 2023 was $0.25.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Silver Spike Investment Dividend Yield % Historical Data

The historical data trend for Silver Spike Investment's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Silver Spike Investment Dividend Yield % Chart

Silver Spike Investment Annual Data
Trend Mar21 Mar22 Dec23
Dividend Yield %
- - 5.69

Silver Spike Investment Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only - - - 2.38 5.69

Competitive Comparison of Silver Spike Investment's Dividend Yield %

For the Drug Manufacturers - Specialty & Generic subindustry, Silver Spike Investment's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Silver Spike Investment's Dividend Yield % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Silver Spike Investment's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Silver Spike Investment's Dividend Yield % falls into.



Silver Spike Investment Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Silver Spike Investment Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2500002024-03-192024-03-202024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.2500002023-12-192023-12-202023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2300002023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Silver Spike Investment's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.73/11.32
=6.45 %

Current Share Price is $11.32.
Silver Spike Investment's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.73.

Silver Spike Investment's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/11.32
=8.83 %

Current Share Price is $11.32.
Silver Spike Investment's Dividends per Share for the forward twelve months is calculated as $0.25 * 4 = $1.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Silver Spike Investment  (NAS:SSIC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Silver Spike Investment Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Silver Spike Investment's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Silver Spike Investment (Silver Spike Investment) Business Description

Traded in Other Exchanges
N/A
Address
600 Madison Avenue, Suite 1800, New York, NY, USA, 10022
Silver Spike Investment Corp is a closed-end management investment company formed to invest in companies across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately-held cannabis businesses.
Executives
Umesh Mahajan officer: Chief Financial Officer 600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Scott Gordon director, 10 percent owner, officer: Chief Executive Officer 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Gregory M. Gentile 10 percent owner, officer: CFO, CCO & Sec. 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Silver Spike Capital, Llc 10 percent owner 600 MADISON AVE, SUITE 1800, NEW YORK NY 10022
Warson Tracey Brophy director 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Silver Spike Holdings, Lp 10 percent owner 600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Michael William Chorske director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Vivek Bunty Bohra director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Silver Spike Holdings Gp, Llc 10 percent owner 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Da Corte Americo director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065