Wheaton Precious Metals Corp. (NYSE:WPM – Get Free Report) announced a quarterly dividend on Thursday, May 7th. Investors of record on Wednesday, May 27th will be given a dividend of 0.195 per share on Tuesday, June 9th. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, May 27th.
Wheaton Precious Metals has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 2 years. Wheaton Precious Metals has a payout ratio of 34.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Wheaton Precious Metals to earn $4.77 per share next year, which means the company should continue to be able to cover its $0.78 annual dividend with an expected future payout ratio of 16.4%.
Wheaton Precious Metals Stock Performance
WPM traded up $2.85 during trading on Friday, hitting $134.41. The stock had a trading volume of 669,437 shares, compared to its average volume of 2,440,304. The firm has a market capitalization of $61.04 billion, a P/E ratio of 41.58, a PEG ratio of 2.59 and a beta of 0.50. The company’s 50-day moving average price is $138.97 and its 200 day moving average price is $126.88. Wheaton Precious Metals has a twelve month low of $75.42 and a twelve month high of $165.76.
More Wheaton Precious Metals News
Here are the key news stories impacting Wheaton Precious Metals this week:
- Positive Sentiment: Q1 earnings and revenue materially beat expectations — WPM reported $1.28 EPS vs. consensus ~$1.24 and roughly $901.5M revenue (≈+91.7% YoY), with management citing outperformance at Salobo and Peñasquito that drove record quarterly revenue, earnings and cash flow. Strong beats and margin/cash-flow strength support upside. Wheaton Precious Metals Corp. (WPM) Beats Q1 Earnings and Revenue Estimates
- Positive Sentiment: Dividend increase signals shareholder return and confidence — Board declared a quarterly cash dividend of US$0.195 (an 18% increase vs. the same quarter in 2025). Dividend is payable June 9 to holders of record May 27; yield is modest but the hike is supportive. DIVIDEND DECLARATION – Wheaton Precious Metals Announces Quarterly Dividend
- Positive Sentiment: Strategic streaming deals broaden growth pipeline — Management highlighted its largest streaming transaction to date at Antamina (with BHP) and WPM’s first Australian streaming agreement with KGL Resources, expanding geographic and commodity exposure and adding potential long-term production/cash-flow. Wheaton Precious Metals Announces Record Revenue, Earnings and Cash Flow for the First Quarter of 2026
- Neutral Sentiment: Momentum and valuation are getting attention — Recent strong share performance (double-digit YTD/1-year returns) has prompted valuation reviews; elevated multiples could temper near-term upside even with solid fundamentals. Monitor analyst models and forward EPS estimates. Assessing Wheaton Precious Metals (TSX:WPM) Valuation After Strong Recent Share Price Momentum
Wheaton Precious Metals Company Profile
Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.
The company’s activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.
Further Reading
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