AGF Management Limited confirmed another quarterly dividend of 12.5 cents per share, maintaining its payout for the third quarter of 2025.
The board approved the distribution on September 23, with payment set for October 16 to shareholders of record on October 9.
The dividend applies to both the Class A voting common shares and the Class B non-voting shares that trade on the Toronto Stock Exchange under the symbol AGF.B.
Dividend declaration
The decision extends a steady run for the Toronto based asset manager. AGF declared the same 12.5 cent dividend in the first and second quarters of this year, signaling a consistent approach to returning capital even as markets shifted over the summer.
Those earlier declarations were made on April 7 and June 24, respectively, with identical per share amounts. Consistency across three straight quarters is often read as a sign that management sees its cash flows supporting the current level of distributions.
Record and payment dates
Shareholders must be on the books by the close of business on October 9 to receive the payment that will be issued one week later. The company did not disclose the ex-dividend date in Wednesday’s notice.
Ex-dates are typically set by the exchange and often fall one business day before the record date, but investors should check their broker or the exchange for final timing to avoid missing eligibility.
A regular dividend provides a tangible component of total return, and in years when equity markets churn, stable cash payouts can help smooth portfolio outcomes.
The repeated 12.5 cent distribution frames expectations for near term income and offers a benchmark for evaluating the shares against other Canadian asset managers. Since dividends are not guaranteed, the market will watch operating trends that underpin the policy.
Business performance backdrop
In its Q3 financial update, AGF reported adjusted diluted earnings per share of $0.46, up sequentially on stronger revenue mixes.
Total assets under management and fee-earning assets reached $56.8 billion as of August 31, 2025, rising from $53.5 billion at May 31 and $49.7 billion a year earlier.
The firm’s AUM gains were broad-based. In its August asset report, AGF broke down mutual fund holdings across domestic equity, U.S/international equity, fixed income, and segregated accounts.
It also noted that AGF’s alternative business, AGF Capital Partners, manages about C$13.8 billion (when converted using prevailing foreign exchange rates) through affiliate managers.
CEO Judy Goldring said, We experienced a strong quarter, with net sales outpacing the industry, supported by solid investment performance.
She highlighted AGF’s diversified business model across public and private markets as a strategic advantage in volatile conditions.
AGF also disclosed it serves over 815,000 investors globally and operates with investment and client service teams in North America and Europe.
