Pan American Silver Corp.
PAASBasic Materials · Stock · quarterly payer
Forward Yield
1.43%
Annual Dividend
$0.74
Payout Ratio
18%
5-Yr Growth
12.7%
Ex-Date
Aug 24, 2026
Frequency
Quarterly
Summary
As of September 2026, Pan American Silver Corp. (PAAS) yields 1.43% ($0.74 per share annually), with a blended fair-value estimate of $33.15 — -35% downside, so it screens as overvalued. Dividend safety grade: C (61/100).
Is PAAS a good dividend stock?
Yes, with caveatsPan American Silver Corp. (PAAS) pays a quarterly dividend yielding 1.43% ($0.74/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (18%)
- Strong 12.7% 5-yr dividend growth
- 121% total price return over 5 years
Risks
- Cut its dividend in 2023
Key Data
- Dividend Yield
- 1.43%
- Payout Ratio
- 18%
- Annual Dividend
- $0.74
- 5-Yr Avg Growth
- 12.7%
- Ex-Dividend Date
- Aug 24, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.59
- Market Cap
- $21.3B
- P/E Ratio
- 15.2
- 5-Yr Total Return
- 121%
- 52-Week Range
- $33.08 – $69.99
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
PAAS Price — Last 12 Months
Daily close
Price Return
1 Year
+33%
3 Years
+255%
5 Years
+121%
52-Week Range
$33.08 – $69.99
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PAAS worth?
Overvaluedlow confidenceOur blended fair-value estimate for Pan American Silver Corp. is $33.15 per share, versus a market price of $51.34. That implies 35% of downside.
Fair Value
$33.15
Current Price
$51.34
Downside
-35%
Margin of Safety
-55%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 1.1% — so the price already assumes faster growth than we think is likely.
Assumptions: 12.0% discount rate (CAPM), 1.1% stage-1 growth, 2.5% terminal growth, $3.38 EPS, $0.74 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PAAS 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 |
|---|---|---|---|
| Aug 24, 2026 | — | $0.1840 | regular |
| May 19, 2026 | — | $0.1800 | regular |
| Mar 2, 2026 | — | $0.1800 | regular |
| May 20, 2025 | — | $0.1000 | regular |
| Mar 3, 2025 | — | $0.1000 | regular |
| Nov 18, 2024 | — | $0.1000 | regular |
| Aug 19, 2024 | — | $0.1000 | regular |
| May 17, 2024 | — | $0.1000 | regular |
| Mar 1, 2024 | — | $0.1000 | regular |
| Nov 17, 2023 | — | $0.1000 | regular |
| Aug 18, 2023 | — | $0.1000 | regular |
| Apr 13, 2023 | — | $0.1000 | regular |
| Mar 3, 2023 | — | $0.1000 | regular |
| Nov 18, 2022 | — | $0.1000 | regular |
Income Calculator
At $0.74 / yr per share
