SmarterDividends
AG

First Majestic Silver Corp.

AG

Basic Materials · Silver · Stock · quarterly payer

$15.98

Overvalued · -46% Add to Portfolio

Forward Yield

0.38%

Annual Dividend

$0.06

Payout Ratio

5%

5-Yr Growth

—

Ex-Date

Aug 14, 2026

Frequency

Quarterly

Key facts about AG's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, First Majestic Silver Corp. (AG) has a forward dividend yield of 0.38%, based on an annual dividend of $0.06 per share and a share price of $15.98.
  • As of Oct 18, 2026, AG's dividend safety grade from SmarterDividends is C (52 out of 100), which rates the dividend as borderline.
  • AG last cut its regular dividend in 2023.
  • AG's most recent ex-dividend date was Aug 14, 2026, for a dividend of $0.0150 per share.
  • As of Oct 18, 2026, AG pays out 5% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 18, 2026, AG's 0.38% yield is 62% above its five-year average yield of 0.23%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for AG is $8.67 per share, 46% below the $15.98 share price, so AG screens as overvalued.
  • First Majestic Silver Corp. (AG) pays its dividend quarterly, 4 times a year.
  • First Majestic Silver Corp. (AG) has raised its regular dividend 2 times and cut it 1 time across the 20 payments on record since 2021. Its most recent change was a 60.0% increase to $0.0080 per share, going ex-dividend on Feb 27, 2026. The last cut went ex-dividend on Aug 15, 2023.
Cite this page

SmarterDividends, "AG Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/AG

Summary

As of Oct 18, 2026, First Majestic Silver Corp. (AG) yields 0.38% ($0.06 a year per share) and has a dividend safety grade of C (52/100).

Is AG a good dividend stock?

Mixed

First Majestic Silver Corp. (AG) pays a quarterly dividend yielding 0.38% ($0.06/yr), with 1 year 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 (5%)

Risks

  • Cut its dividend in 2023

Key Data

Dividend Yield
0.38%
Payout Ratio
5%
Annual Dividend
$0.06
5-Yr Avg Growth
—
Ex-Dividend Date
Aug 14, 2026
Years of Growth
1
Frequency
quarterly
Beta
2.19
Market Cap
$7.9B
P/E Ratio
22.8
5-Yr Total Return
34%
52-Week Range
$10.19 – $32.04
Dividend Safety
C · 52/100
Ever Cut?
Yes (2023)

AG dividend raises and cuts

First Majestic Silver Corp. (AG) has raised its regular dividend 2 times and cut it 1 time across the 20 payments on record since 2021. Its most recent change was a 60.0% increase to $0.0080 per share, going ex-dividend on Feb 27, 2026. The last cut went ex-dividend on Aug 15, 2023.

Ex-dateChangeOld → newMove
Feb 27, 2026Raise$0.0050 → $0.0080+60.0%
Aug 15, 2023Cut$0.0060 → $0.0050−16.7%
May 24, 2022Raise$0.0050 → $0.0060+20.0%
AG ex-dividend date & scheduleNext ex-date Aug 14, 2026 · full ex-dividend historyView →AG dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is AG a good dividend stock?

Mixed. First Majestic Silver Corp. (AG) pays a quarterly dividend yielding 0.38% ($0.06/yr), with 1 year 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 AG undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AG's fair value is about $8.67 versus a $15.98 share price — so it looks overvalued (-46% vs. fair value).

Is AG's dividend safe?

AG has a dividend-safety grade of C (52/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

What is AG's fair value?

Our blended fair-value estimate for AG is about $8.67 per share, about 46% below the current $15.98 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is AG a buy, hold, or sell?

We don't issue formal ratings, but on the data AG screens as "mixed" and overvalued. First Majestic Silver Corp. (AG) pays a quarterly dividend yielding 0.38% ($0.06/yr), with 1 year 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 AG cut its dividend?

AG earns a dividend-safety grade of C (52/100), 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 AG pay a dividend?

Yes. First Majestic Silver Corp. pays a quarterly dividend of about $0.06 per share annually, a forward yield of roughly 0.38%.

What is AG's dividend yield?

As of Oct 18, 2026, AG's forward dividend yield is 0.38%, based on a $0.06 annual dividend and a $15.98 share price.

What is AG's dividend per share?

As of Oct 18, 2026, AG pays $0.06 per share per year, distributed on a quarterly basis.

What is AG's dividend payout ratio?

As of Oct 18, 2026, AG's payout ratio is 5% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has AG grown its dividend?

As of Oct 18, 2026, AG has increased its dividend for 1 consecutive years.

When is the next AG ex-dividend date?

As of Oct 18, 2026, AG's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $0.0150 per share.