First Majestic Silver Corp Dividends
The next dividend date for First Majestic Silver Corp has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for First Majestic Silver Corp (AG)
More About First Majestic Silver Corp
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties in North America. The company explores for silver and gold deposits. Its projects include the San Dimas silver/gold mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena silver/gold mine that covers an area of approximately 102,244 hectares located in Sonora State, Mexico; and the La Encantada silver mine covering an area of approximately 4,076 hectares located in Coahuila State, Mexico. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.
Owning First Majestic Silver Corp Stock on the Dividend Date
If you own First Majestic Silver Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of First Majestic Silver Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of First Majestic Silver Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying First Majestic Silver Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the First Majestic Silver Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning First Majestic Silver Corp Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in First Majestic Silver Corp stock price from the dividend is already baked into First Majestic Silver Corp option prices.
That means the prices of call options that overlap the First Majestic Silver Corp ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the First Majestic Silver Corp ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of First Majestic Silver Corp call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of First Majestic Silver Corp put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More First Majestic Silver Corp Dividends
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