
First Majestic Silver Corp.
AGBasic Materials · Silver · Stock · quarterly payer
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?
MixedFirst 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-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 27, 2026 | Raise | $0.0050 → $0.0080 | +60.0% |
| Aug 15, 2023 | Cut | $0.0060 → $0.0050 | −16.7% |
| May 24, 2022 | Raise | $0.0050 → $0.0060 | +20.0% |
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.
AG Price — Last 12 Months
Daily close
Price Return
1 Year
+5%
3 Years
+168%
5 Years
+34%
52-Week Range
$10.19 – $32.04
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AG worth?
Overvaluedmedium confidenceOur blended fair-value estimate for First Majestic Silver Corp. is $8.67 per share, versus a market price of $15.98. That implies 46% of downside.
Fair Value
$8.67
Current Price
$15.98
Downside
-46%
Margin of Safety
-84%
How we get there
Discounted cash flow
Discounts projected free cash flow 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 33.0% annual free-cash-flow growth. We model 6.8% — so the price already assumes faster growth than we think is likely.
Assumptions: 12.0% discount rate (CAPM), 6.8% growth for five years fading to 2.5% over the next five, $0.70 EPS, $0.06 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AG 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 AG dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | Aug 31, 2026 | $0.0150 | regular |
| May 20, 2026 | May 29, 2026 | $0.0170 | regular |
| Feb 27, 2026 | Mar 16, 2026 | $0.0080 | regular |
| May 16, 2025 | May 30, 2025 | $0.0050 | regular |
| Feb 28, 2025 | Mar 14, 2025 | $0.0060 | regular |
| Nov 15, 2024 | Nov 29, 2024 | $0.0050 | regular |
| Aug 16, 2024 | Aug 30, 2024 | $0.0050 | regular |
| May 16, 2024 | Jun 7, 2024 | $0.0040 | regular |
| Mar 13, 2024 | Mar 28, 2024 | $0.0050 | regular |
| Nov 14, 2023 | Nov 30, 2023 | $0.0050 | regular |
| Aug 15, 2023 | Aug 31, 2023 | $0.0050 | regular |
| May 17, 2023 | Jun 9, 2023 | $0.0060 | regular |
| Mar 9, 2023 | Mar 24, 2023 | $0.0050 | regular |
| Nov 21, 2022 | Dec 2, 2022 | $0.0060 | regular |
Income Calculator
At $0.06 / yr per share
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