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MSA.TO has raised its dividend 4 times on record

By Wealth Awesome -

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Dividend history

Mineros SA

MSA.TO

Full quote →
$0.000$0.018$0.0362023-10-20: $0.02402024-01-19: $0.02402024-04-12: $0.03402024-07-12: $0.03402024-10-10: $0.03402025-01-10: $0.03602025-04-25: $0.03502025-07-28: $0.03402025-10-28: $0.03502026-07-15: $0.0351Oct 23Jan 25Jul 26

Recent payments

$0.0351CAD

Ex: Jul 15, 2026

Pay: Jul 21

Quarterly

$0.0350CAD

Ex: Oct 28, 2025

Pay: Nov 4

$0.0340CAD

Ex: Jul 28, 2025

Pay: Aug 1

$0.0350CAD

Ex: Apr 25, 2025

Pay: May 2

$0.0360CAD

Ex: Jan 10, 2025

Pay: Jan 16

$0.0340CAD

Ex: Oct 10, 2024

Pay: Oct 17

$0.0340CAD

Ex: Jul 12, 2024

Pay: Jul 18

$0.0340CAD

Ex: Apr 12, 2024

Pay: Apr 18

$0.0240CAD

Ex: Jan 19, 2024

Pay: Jan 25

$0.0240CAD

Ex: Oct 20, 2023

Pay: Oct 26

Miners SA has shown a strong commitment to delivering value to shareholders through consistent dividend increases.

Miners SA (MSA.TO), part of the materials sector, has built a solid reputation for its dividend payments and increases. With a market cap of about CA$1.86 billion, the company has made 10 dividend payments over the last 2.7 years, including four increases. This reliable performance can attract Canadian retail investors seeking dependable income from their investments.

Investor takeaway: If you're considering investing in Miners SA, the company's history of dividend increases may reassure you about its dedication to returning capital to shareholders. Investors with shares in registered accounts like a TFSA or RRSP can take advantage of tax-efficient dividend growth.

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Mineros SA

MSA.TO

Full stock page →

MSA.TO

Mineros SA

Source:WealthAwesomeWealthAwesome
$2.90 (53.51%)
120 day period
$4.48$6.46$8.44Mar 16Jun 10Sep 3

Market cap

$2.46B

P/E

9.1x

Div. yield

1.25%

Div. / share

$0.10

52W high

$8.52

52W low

$3.57

1W change

+3.10%

Beta

1.22

Analyst Price Targets

Based on analyst covering MSA

📈

Wall Street analysts forecast MSA stock price to rise 30.1% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$10.83

+30.1% Upside

Current Price

C$8.32

Last close

Compare analyst targets across the TSX & TSXV →

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on MSA's historical volatility

HistoricalForecast68%95%
C$4.80C$7.30C$9.80C$12.30C$14.80C$17.29TodayApr 28Jul 2Sep 3Oct 16Nov 29Jan 11

30-Day Vol

43.8%

Annualized

90-Day Vol

59.6%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$9.95

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$8.83C$7.59C$10.27
60 trading daysC$9.37C$7.57C$11.61
90 trading daysC$9.95C$7.66C$12.92

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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4 Dividend Increases in 2.7 Years

Miners SA has successfully raised its dividend four times since it began paying dividends, demonstrating a strong commitment to rewarding shareholders.

Dividend Payment History

Miners SA has taken a steady approach to dividend payments, with a total of 10 payments over roughly 2.7 years. The company has raised its dividend four times during this time, highlighting its commitment to increasing shareholder value. The most recent dividend was declared on March 30, 2026, with an ex-dividend date of July 15, 2026, and a payment date set for July 21, 2026.

Understanding the Dividend Environment

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For Canadian retail investors, it's important to understand how dividend payments work in registered accounts like a TFSA or RRSP. Dividends received in these accounts can grow tax-free, making them an appealing choice for long-term investment strategies. Miners SA's dividend history may attract those looking for steady income through investments in the materials sector.

Conclusion

Miners SA's track record of dividend increases and consistent payments can be attractive to investors seeking reliable income. While the company's performance in the materials sector may offer opportunities, potential investors should stay aware of the risks tied to commodity price fluctuations and sector volatility. Overall, Miners SA's commitment to returning value through dividends could be a key factor for those exploring investment options in the materials sector.

Dividend calendar

TickerMSA.TO
AmountCA$0.0351
Ex-dividend2026-07-15
Record2026-07-15
Payment2026-07-21
Declared2026-03-30
Trailing yield1.60%
Stock pageMSA.TO dividend history

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Wealth Awesome
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Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: July 21, 2026
Last Updated: July 21, 2026
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