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Reminder - First Majestic Silver (FR.CA) Goes Ex-Dividend Soon

By Canada Stock Channel Staff, Monday, May 15, 9:55 AM ET
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On 5/17/23, First Majestic Silver Corp (TSE:FR.CA) will trade ex-dividend, for its quarterly dividend of $0.0057, payable on 6/9/23. As a percentage of FR.CA's recent stock price of $8.67, this dividend works out to approximately 0.07%.

Below is a dividend history chart for FR.CA, showing historical dividends prior to the most recent $0.0057 declared by First Majestic Silver Corp:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FR.CA is likely to continue, and whether the current estimated yield of 0.26% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FR.CA shares, versus its 200 day moving average:

First Majestic Silver Corp 200 Day Moving Average Chart

Looking at the chart above, FR.CA's low point in its 52 week range is $7.59 per share, with $13.04 as the 52 week high point — that compares with a last trade of $8.70.


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In Monday trading, First Majestic Silver Corp shares are currently up about 0.7% on the day.


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