SmarterDividends
PAAS

Pan American Silver Corp.

PAAS

Basic Materials · Gold · Stock · quarterly payer

$40.15

Undervalued · +17% Add to Portfolio

Forward Yield

1.83%

Annual Dividend

$0.74

Payout Ratio

18%

5-Yr Growth

12.7%

Ex-Date

Aug 24, 2026

Frequency

Quarterly

Key facts about PAAS's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 25, 2026, Pan American Silver Corp. (PAAS) has a forward dividend yield of 1.83%, based on an annual dividend of $0.74 per share and a share price of $40.15.
  • As of Oct 25, 2026, PAAS's dividend safety grade from SmarterDividends is C (61 out of 100), which rates the dividend as borderline.
  • PAAS last cut its regular dividend in 2023.
  • PAAS's most recent ex-dividend date was Aug 24, 2026, for a dividend of $0.18 per share.
  • As of Oct 25, 2026, PAAS pays out 18% of its trailing 12-month earnings as dividends (its payout ratio).
  • PAAS's dividend has grown at an average rate of 12.7% a year over the past five years.
  • As of Oct 25, 2026, SmarterDividends' blended fair-value estimate for PAAS is $47.12 per share, 17% above the $40.15 share price, so PAAS screens as undervalued.
  • Pan American Silver Corp. (PAAS) pays its dividend quarterly, 4 times a year.
  • Pan American Silver Corp. (PAAS) has raised its regular dividend 11 times and cut it 4 times across the 64 payments on record since 2010. Its most recent change was a 2.2% increase to $0.184 per share, going ex-dividend on Aug 24, 2026. The last cut went ex-dividend on Nov 18, 2022.
Cite this page

SmarterDividends, "PAAS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 25, 2026, https://smarterdividends.com/stocks/PAAS

Summary

As of Oct 25, 2026, Pan American Silver Corp. (PAAS) yields 1.83% ($0.74 a year per share) and has a dividend safety grade of C (61/100).

Is PAAS a good dividend stock?

Yes, with caveats

Pan American Silver Corp. (PAAS) pays a quarterly dividend yielding 1.83% ($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
  • 57% total price return over 5 years

Risks

  • Cut its dividend in 2023

Key Data

Dividend Yield
1.83%
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
1.58
Market Cap
$16.6B
P/E Ratio
11.9
5-Yr Total Return
57%
52-Week Range
$33.08 – $69.99
Dividend Safety
C · 61/100
Ever Cut?
Yes (2023)

PAAS dividend raises and cuts

Pan American Silver Corp. (PAAS) has raised its regular dividend 11 times and cut it 4 times across the 64 payments on record since 2010. Its most recent change was a 2.2% increase to $0.184 per share, going ex-dividend on Aug 24, 2026. The last cut went ex-dividend on Nov 18, 2022.

Ex-dateChangeOld → newMove
Aug 24, 2026Raise$0.180 → $0.184+2.2%
Mar 2, 2026Raise$0.100 → $0.180+80.0%
Nov 18, 2022Cut$0.110 → $0.100−9.1%
Aug 19, 2022Cut$0.120 → $0.110−8.3%
Mar 4, 2022Raise$0.100 → $0.120+20.0%
Aug 20, 2021Raise$0.0700 → $0.100+42.9%
Nov 13, 2020Raise$0.0500 → $0.0700+40.0%
Feb 28, 2020Raise$0.0350 → $0.0500+42.9%
Mar 2, 2018Raise$0.0250 → $0.0350+40.0%
Feb 23, 2017Raise$0.0130 → $0.0250+92.3%
Feb 25, 2016Cut$0.0500 → $0.0130−74.0%
May 20, 2015Cut$0.125 → $0.0500−60.0%
Show all 15 changes since 2012
Ex-dateChangeOld → newMove
Feb 28, 2013Raise$0.0500 → $0.125+150.0%
Aug 23, 2012Raise$0.0380 → $0.0500+31.6%
Mar 1, 2012Raise$0.0250 → $0.0380+52.0%
Every PAAS payment →Download every raise and cut (CSV)
PAAS ex-dividend date & scheduleNext ex-date Aug 24, 2026 · full ex-dividend historyView →PAAS dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is PAAS a good dividend stock?

Yes, with caveats. Pan American Silver Corp. (PAAS) pays a quarterly dividend yielding 1.83% ($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.

Is PAAS undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PAAS's fair value is about $47.12 versus a $40.15 share price — so it looks undervalued (+17% vs. fair value).

Is PAAS's dividend safe?

PAAS has a dividend-safety grade of C (61/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

What is PAAS's fair value?

Our blended fair-value estimate for PAAS is about $47.12 per share, roughly 17% above the current $40.15 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is PAAS a buy, hold, or sell?

We don't issue formal ratings, but on the data PAAS screens as "yes, with caveats" and undervalued. Pan American Silver Corp. (PAAS) pays a quarterly dividend yielding 1.83% ($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. This is research for your own analysis, not investment advice.

Will PAAS cut its dividend?

PAAS earns a dividend-safety grade of C (61/100), 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 PAAS pay a dividend?

Yes. Pan American Silver Corp. pays a quarterly dividend of about $0.74 per share annually, a forward yield of roughly 1.83%.

What is PAAS's dividend yield?

As of Oct 25, 2026, PAAS's forward dividend yield is 1.83%, based on a $0.74 annual dividend and a $40.15 share price.

What is PAAS's dividend per share?

As of Oct 25, 2026, PAAS pays $0.74 per share per year, distributed on a quarterly basis.

What is PAAS's dividend payout ratio?

As of Oct 25, 2026, PAAS's payout ratio is 18% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has PAAS grown its dividend?

PAAS does not currently have a long dividend-growth streak on record.

When is the next PAAS ex-dividend date?

As of Oct 25, 2026, PAAS's next ex-dividend date hasn't been announced. The most recent was Aug 24, 2026, for $0.18 per share.

PAAS Dividend News

PAAS
IncreasePAAS·Aug 25, 2026

Pan American Silver Raises Quarterly Dividend 2.22%

Pan American Silver increased its quarterly dividend to $0.184 per share from $0.18, giving the stock a 1.39% forward annual yield.

Income Calculator

At $0.74 / yr per share

Per payment (quarterly)$18.50
Annual$74.00
Monthly avg$6.17

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