Wheaton Precious Metals Corp. (NYSE:WPM – Get Free Report) declared a quarterly dividend on Thursday, August 6th. Stockholders of record on Thursday, August 20th will be paid a dividend of 0.195 per share on Thursday, September 3rd. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 20th.
Wheaton Precious Metals has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 2 years. Wheaton Precious Metals has a dividend payout ratio of 34.5% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Price Performance
WPM opened at $134.51 on Friday. The firm has a market cap of $61.09 billion, a PE ratio of 29.83, a P/E/G ratio of 2.25 and a beta of 0.55. The stock has a 50-day moving average price of $115.15 and a 200-day moving average price of $130.83. Wheaton Precious Metals has a 1 year low of $90.94 and a 1 year high of $165.76.
Wheaton Precious Metals News Summary
Here are the key news stories impacting Wheaton Precious Metals this week:
- Positive Sentiment: Second-quarter earnings beat expectations: Wheaton reported adjusted earnings of $1.19 per share, up from $0.63 a year earlier and ahead of the $1.15 analyst consensus. Revenue increased 84.7% year over year to approximately $878 million. Wheaton Precious Metals Q2 earnings and revenues surpass estimates
- Positive Sentiment: Record operating performance supports the streaming model: Management cited record year-to-date production, sales volumes, revenue, earnings and cash flow. Strong margins and cash generation are particularly favorable amid commodity-price volatility and cost pressures, while the company’s financial position provides flexibility for further growth investments. Wheaton Precious Metals announces second-quarter 2026 results
- Positive Sentiment: Dividend increased: Wheaton 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, implying an annualized payout of approximately $0.78 per share and a yield near 0.6%. Wheaton Precious Metals dividend declaration
- Neutral Sentiment: Revenue was broadly in line with expectations: Although the earnings result exceeded estimates, reported revenue of about $878 million was slightly below the consensus estimate of $879.29 million. Investors may therefore focus on production trends, metal prices and future streaming investments to assess whether the pace of growth can continue. Wheaton Precious Metals key metrics versus estimates
About Wheaton Precious Metals
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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