First Majestic Silver (AG) Dividend Coverage Ratio (2021 - 2026)
First Majestic Silver's (AG) quarterly Dividend Coverage Ratio came in at 12.96 in Q2 2026, up 46.23% on a YoY basis from 8.86 in Q2 2025, and up 58.54% quarter-over-quarter from 31.26 in Q1 2026.
Analysis
First Majestic Silver (AG) Dividend Coverage Ratio (2021 - 2026) Analysis & Trends
First Majestic Silver (AG) has reported Dividend Coverage Ratio for 6 consecutive years, with 12.96 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 46.23% year-over-year to 12.96; the trailing twelve-month figure through Jun 2026 stood at 19.93 (down 242.35% YoY), and the FY2025 full-year result was 16.76, down 187.14% from the prior year.
- Dividend Coverage Ratio improved to 12.96 in Q2 2026 per AG's latest filing, from 31.26 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 131.24 in Q4 2024 and bottomed at 44.68 in Q2 2024.
- Historically, Dividend Coverage Ratio has averaged 10.31 across 5 years, with a median of 0.82 in 2025.
- The sharpest annual moves came in 2022 and 2026: Dividend Coverage Ratio surged 638.62% in 2022, then plunged 3710.99% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 22.31 in 2022, then soared by 94.3% to 43.35 in 2023, then jumped by 202.75% to 131.24 in 2024, then slumped by 124.8% to 32.55 in 2025, then surged by 60.18% to 12.96 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 12.96, 31.26, and 32.55 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Coeur Mining | 21.86 Bn | 20.80 Bn | 535.85 Mn | 5.90 |
| 2 | Pan American Silver | 21.66 Bn | 20.09 Bn | 457,000.00 | 0.00 |
| 3 | Hecla Mining | 13.89 Bn | 13.40 Bn | 332.52 Mn | 44.43 |
| 4 | First Majestic Silver | 10.30 Bn | 9.46 Bn | 223.62 Mn | 12.96 |
| 5 | Endeavour Silver | 2.92 Bn | 2.68 Bn | 74.00 Mn | - |
| 6 | Silvercorp Metals | 2.75 Bn | 2.56 Bn | 104.04 Mn | 21.47 |
| 7 | Americas Gold & Silver | 1.72 Bn | 1.63 Bn | 22.23 Mn | - |
| 8 | Vizsla Silver | 1.41 Bn | 1.41 Bn | - | - |
| 9 | New Pacific Metals | 1.06 Bn | 1.06 Bn | - | - |
| 10 | Santacruz Silver Mining | 918.47 Mn | 851.45 Mn | 51.14 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.96 |
| Mar 31, 2026 | -31.26 |
| Dec 31, 2025 | -32.55 |
| Sep 30, 2025 | -11.49 |
| Jun 30, 2025 | -24.10 |
| Mar 31, 2025 | -0.82 |
| Dec 31, 2024 | 131.24 |
| Sep 30, 2024 | -19.16 |
| Jun 30, 2024 | -44.68 |
| Mar 31, 2024 | -9.84 |
| Dec 31, 2023 | 43.35 |
| Sep 30, 2023 | 18.64 |
| Jun 30, 2023 | 17.37 |
| Mar 31, 2023 | 99.11 |
| Dec 31, 2022 | 22.31 |
| Sep 30, 2022 | 21.56 |
| Jun 30, 2022 | 8.47 |
| Dec 31, 2021 | 3.02 |
| Sep 30, 2021 | 17.25 |
| Jun 30, 2021 | -5.50 |