Wheaton Precious Metals Increases Quarterly Dividend by 6.5%

The latest update is out from Wheaton Precious Metals ( (TSE:WPM) ).

Wheaton Precious Metals Corp. has announced an increase in its quarterly dividend to US$0.165 per common share, marking a 6.5% rise from the previous quarter’s dividend. This decision reflects the company’s strong financial performance, as evidenced by record dividends in 2024, and highlights its commitment to returning value to shareholders. The dividend will be paid on April 11, 2025, to shareholders of record as of April 1, 2025. Additionally, Wheaton continues to offer a Dividend Reinvestment Plan, allowing shareholders to reinvest dividends into additional shares, which can be acquired at market price without a discount.

More about Wheaton Precious Metals

Wheaton Precious Metals Corp. operates in the precious metals industry, primarily focusing on the acquisition and management of precious metal streams. The company is known for its involvement in gold, silver, and palladium markets, providing investors with exposure to these commodities through its streaming agreements.

YTD Price Performance: 22.56%

Average Trading Volume: 1,486,055

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $32.36B

Learn more about WPM stock on TipRanks’ Stock Analysis page.