First Majestic Hikes Dividend 217% After Silver Rally Swells Cash Hoard
First Majestic Silver Q2: Revenue surges 57% to $415.5M and dividend hiked 217%. Strong production offsets Q2 earnings miss.
First Majestic made way more money from selling silver because silver prices went up, so they're giving shareholders much bigger payments. When a company has extra cash and shares it with owners, that's a sign the business is doing really well right now—though you'd want to keep watching if silver prices stay strong.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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