First Majestic Silver Soars on Record Output and Dividend Hike

First Majestic Silver (TSX:AG) has seen its stock price increase by 11.6% following the release of record silver production figures, a raised dividend payout, and strong Q2 results.

The company reported that in August 2026 it produced 15.4 million ounces of silver, exceeding previous expectations. It also increased its guidance for 2026 silver output and revealed revenue of US$415.5 million and operating cash flow before working capital and taxes of US$248.3 million during the second quarter.

First Majestic Silver raised its quarterly dividend to US$0.0152 per share, a significant increase, and highlighted a treasury of US$1.25 billion, indicating that higher silver prices and improved operations have strengthened the company's financial flexibility.