Wheaton Precious Metals Corp. (NYSE:WPM – Get Free Report) announced a quarterly dividend on Thursday, August 6th. Investors of record on Thursday, August 20th will be given a dividend of 0.195 per share on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, August 20th.
Wheaton Precious Metals has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. Wheaton Precious Metals has a dividend payout ratio of 34.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Wheaton Precious Metals to earn $4.86 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 16.0%.
Wheaton Precious Metals Stock Up 2.1%
Shares of Wheaton Precious Metals stock opened at $125.34 on Friday. The stock has a market cap of $56.92 billion, a P/E ratio of 31.65, a P/E/G ratio of 2.21 and a beta of 0.55. The business’s 50 day moving average is $115.12 and its 200-day moving average is $130.80. Wheaton Precious Metals has a 12-month low of $90.94 and a 12-month high of $165.76.
Key Wheaton Precious Metals News
Here are the key news stories impacting Wheaton Precious Metals this week:
- Positive Sentiment: Second-quarter EPS was $1.19, exceeding the $1.15 analyst consensus and rising sharply from $0.63 a year earlier. Revenue increased 84.7% year over year to $878 million. Wheaton Precious Metals Announces Second Quarter 2026 Results
- Positive Sentiment: Record production and cash generation, combined with a 65.55% net margin and 20.20% return on equity, reinforce the company’s high-margin business model and could support continued investor confidence.
- Positive Sentiment: The board declared a quarterly dividend of $0.195 per share, an 18% increase from the comparable 2025 dividend. The payment is scheduled for September 3 for shareholders of record on August 20, representing an annualized $0.78 per share and an approximately 0.6% yield. Dividend Declaration
- Neutral Sentiment: Although EPS surpassed expectations, reported revenue of $878 million was slightly below the $879.29 million estimate cited by MarketBeat. The earnings beat and year-over-year growth nevertheless indicate strong operating momentum. WPM Q2 Earnings and Revenues Surpass Estimates
- Negative Sentiment: Management continues to face commodity-price volatility and cost pressures, risks that could affect future production economics and results despite the quarter’s strong performance.
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.
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