About
Pan American Silver provides enhanced exposure to silver through large silver reserves and catalysts to grow silver production.
Pan American’s dividend policy supplements a base dividend of $0.10 per common share with a variable dividend, paid on a quarterly basis, that is linked to the net cash on the balance sheet for the previous quarter, as illustrated in the following table:
Net Cash (1) | Base Dividend Per Quarter | Variable Dividend Per Quarter | Total Dividend Per Quarter |
---|---|---|---|
Less than $100 million | $0.10 per share | $0.00 per share | $0.10 per share |
$100 million to less than $200 million | $0.10 per share | $0.01 per share | $0.11 per share |
$200 million to less than $300 million | $0.10 per share | $0.02 per share | $0.12 per share |
$300 million to less than $400 million | $0.10 per share | $0.06 per share | $0.16 per share |
$400 million or greater | $0.10 per share | $0.08 per share | $0.18 per share |
(1) Net cash is calculated as cash and cash equivalents plus short-term investments, other than equity securities, less total debt. Net cash and total debt are non-GAAP measures and do not have standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies; please refer to the “Alternative Performance (non-GAAP) Measures” section of our management’s discussion and analysis for the twelve months ended December 31, 2021, for a discussion of various non-GAAP measures.
Date Declared | Record Date | Payable Date | Amount (USD Per Share) | |
---|---|---|---|---|
Q2 | August 7, 2024 | August 19, 2024 | August 30, 2024 | 0.10 |
Q1 | May 8, 2024 | May 21, 2024 | June 3, 2024 | 0.10 |
Q4 | February 21, 2024 | March 4, 2024 | March 15, 2024 | 0.10 |
Q3 | November 7, 2023 | November 20, 2023 | December 1, 2023 | 0.10 |
Q2 | August 9, 2023 | August 21, 2023 | September 1, 2023 | 0.10 |
Q1 | March 24, 2023 | April 14, 2023 | May 12, 2023 | 0.10 |
Q4 | February 22, 2023 | March 6, 2023 | March 17, 2023 | 0.10 |
Q3 | November 9, 2022 | November 21, 2022 | December 2, 2022 | 0.10 |
Q2 | August 10, 2022 | August 22, 2022 | September 2, 2022 | 0.11 |
Q1 | May 11, 2022 | May 24, 2022 | June 3, 2022 | 0.12 |
Q4 | February 23, 2022 | March 7, 2022 | March 21, 2022 | 0.12 |
Q3 | November 9, 2021 | November 22, 2021 | December 3, 2021 | 0.10 |
Q2 | August 10, 2021 | August 23, 2021 | September 3, 2021 | 0.10 |
Q1 | May 12, 2021 | May 25, 2021 | June 7, 2021 | 0.07 |
Q4 | February 17, 2021 | March 1, 2021 | March 11, 2021 | 0.07 |
Q3 | November 4, 2020 | November 16, 2020 | November 27, 2020 | 0.07 |
Q2 | August 5, 2020 | August 17, 2020 | August 27, 2020 | 0.05 |
Q1 | May 6, 2020 | May 19, 2020 | May 29, 2020 | 0.05 |
Q4 | February 19, 2020 | March 2, 2020 | March 12, 2020 | 0.05 |
Q3 | November 6, 2019 | November 18, 2019 | November 29, 2019 | 0.035 |
Q2 | August 7, 2019 | August 19, 2019 | August 30, 2019 | 0.035 |
Q1 | May 8, 2019 | May 21, 2019 | June 3, 2019 | 0.035 |
Q4 | February 20, 2019 | March 4, 2019 | March 15, 2019 | 0.035 |
Q3 | November 6, 2018 | November 19, 2018 | November 30, 2018 | 0.035 |
Q2 | August 8, 2018 | August 20, 2018 | August 31, 2018 | 0.035 |
Q1 | May 9, 2018 | May 22, 2018 | June 4, 2018 | 0.035 |
Q4 | February 20, 2018 | March 5, 2018 | March 16, 2018 | 0.035 |
Q3 | November 8, 2017 | November 20, 2017 | December 1, 2017 | 0.025 |
Q2 | August 9, 2017 | August 21, 2017 | September 1, 2017 | 0.025 |
Q1 | May 9, 2017 | May 23, 2017 | June 5, 2017 | 0.025 |
Q4 | February 14, 2017 | February 27, 2017 | March 10, 2017 | 0.025 |
Q3 | November 14, 2016 | November 25, 2016 | December 6, 2016 | 0.0125 |
Q2 | August 11, 2016 | August 23, 2016 | September 6, 2016 | 0.0125 |
Q1 | May 11, 2016 | May 24, 2016 | June 6, 2016 | 0.0125 |
Q4 | February 18, 2016 | February 29, 2016 | March 11, 2016 | 0.0125 |
Q3 | November 12, 2015 | November 23, 2015 | December 4, 2015 | 0.05 |
Q2 | August 13, 2015 | August 25, 2015 | September 8, 2015 | 0.05 |
Q1 | May 11, 2015 | May 22, 2015 | June 2, 2015 | 0.05 |
Q4 | February 19, 2015 | March 2, 2015 | March 13, 2015 | 0.125 |
Q3 | November 13, 2014 | November 25, 2014 | December 8, 2014 | 0.125 |
Q2 | August 13, 2014 | August 25, 2014 | September 5, 2014 | 0.125 |
Q1 | May 8, 2014 | May 21, 2014 | June 3, 2014 | 0.125 |
Q4 | February 19, 2014 | March 3, 2014 | March 17, 2014 | 0.125 |
Q3 | November 13, 2013 | November 25, 2013 | December 9, 2013 | 0.125 |
Q2 | August 14, 2013 | August 26, 2013 | September 9, 2013 | 0.125 |
Q1 | May 13, 2013 | May 24, 2013 | June 5, 2013 | 0.125 |
Q4 | February 20, 2013 | March 4, 2013 | March 18, 2013 | 0.125 |
Q3 | November 7, 2012 | November 19, 2012 | December 3, 2012 | 0.05 |
Q2 | August 14, 2012 | August 27, 2012 | September 10, 2012 | 0.05 |
Q1 | May 15, 2012 | May 25, 2012 | May 28, 2012 | 0.0375 |
Q4 | February 23, 2012 | March 5, 2012 | March 19, 2012 | 0.0375 |
Q3 | November 9, 2011 | November 21, 2011 | December 5, 2011 | 0.025 |
Q2 | August 10, 2011 | August 22, 2011 | September 6, 2011 | 0.025 |
Q1 | May 19, 2011 | May 31, 2011 | June 15, 2011 | 0.025 |
Q4 | February 15, 2011 | February 28, 2011 | March 14, 2011 | 0.025 |
Q3 | November 8, 2010 | November 19, 2010 | December 1, 2010 | 0.025 |
Q2 | August 11, 2010 | August 23, 2010 | September 7, 2010 | 0.025 |
Q4 | February 15, 2010 | February 26, 2010 | March 12, 2010 | 0.025 |