Wheaton Precious Metals Corp. (NYSE:WPM) declared a quarterly dividend on Monday, November 9th, Zacks reports. Wheaton Precious Metals Corp., which has a market valuation of $20.85 Billion. Advertisement ... Wheaton Precious Metals Corp WPM Morningstar Rating Wheaton Precious Metals's upcoming dividend is CA$0.10 a share, following on from the last 12 months, when the company distributed a total of CA$0.36 per share to shareholders. For the purposes of this fourth quarterly dividend, the Company has elected to issue common shares under the DRIP through treasury at a 1% discount to the Average Market Price, as defined in the DRIP. This represents a $0.48 dividend on an annualized basis and a yield of 1.16%. Dividends are an important source of income to many shareholders, but the health … However, the Company may, from time to time, in its discretion, change or eliminate the discount applicable to Treasury Acquisitions, as defined in the DRIP, or direct that such common shares be purchased in Market Acquisitions, as defined in the DRIP, at the prevailing market price, any of which would be publicly announced. Wheaton isn't the only one to do a variable dividend in the precious metals space, but it is a different structure. Pursuant to Canadian tax legislation, Canadian resident individuals who receive ‘eligible dividends’ will be entitled to an enhanced gross-up and dividend tax credit on such dividends. Wheaton creates sustainable value through streaming. Beneficial shareholders should contact their financial intermediary to arrange enrollment, where available. Patrick Drouin or Emma Murray Investor Relations Wheaton Precious Metals Corp. Tel: 1-844-288-9878 Email: info@wheatonpm.com Website: www.wheatonpm.com. To access AST's self-service web portal, see link below. News & Research. You should address any concerns or questions you may have regarding that website to the site Administrator or Webmaster of that website. The Wheaton Precious Metals PE ratio based on its reported earnings over the past 12 months is 47.67.The shares are currently trading at C$57.22.. By selecting this link, you will be transferred to a website that is not affiliated with, or under the ownership or control of the Wheaton Precious Metals' site. Registered shareholders hold Wheaton Precious Metals Common Shares in their own name. U.S. shareholders should refer to Wheaton Precious Metals' Form F-3 filed on March 20, 2014 with the US Securities and Exchange Commission, which may be obtained under Wheaton Precious Metals' profile at http://www.sec.gov. Proceed at your own risk. All shareholders considering enrollment in the DRIP should carefully review the terms of the DRIP and consult with their advisors as to the availability of and implications of enrollment in the DRIP. By continuing to visit this site, you agree to our use of cookies. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. Co. has entered into 23 long-term purchase agreements (three of which are early deposit agreements), with 17 different mining companies, for the purchase of precious metals and cobalt … Trading Ideas. Wheaton Precious Metals Corp. (WPM) Dividend summary: yield, payout, growth, announce date, ex-dividend date, payout date. The third quarter of 2020 saw a record revenue of$307.3million, representing an increase of 37.4% from Q3 2019 and up23.9% sequentially. AST will administer the DRIP. Wheaton Precious Metals share dividends 45%. Wheaton Precious Metals (NYSE:WPM) declares $0.12/share quarterly dividend, 20% increase from prior dividend of $0.10.Forward yield 1.03%Payable Dec. WPM's most recent quarterly dividend payment was made to shareholders of record on Thursday, December 10. Wheaton Precious Metals pays an annual dividend of $0.48 per share, with a dividend yield of 1.06%. By selecting this link, you will be transferred to a website that is not affiliated with, or under the ownership or control of the Wheaton Precious Metals' site. https://www.canstockta.com/en/InvestorServices/answerline.html, Click here to proceed to third party website.          AST DRIP web portal: Click here. WPM Dividend History & Description — Wheaton Precious Metals Corp. Wheaton Precious Metals is a precious metal streaming company which is involved in the sale of precious metals (gold, silver and palladium). Home Dividend Stocks ... Wheaton Precious Metals Corp. Increases Dividend by 20% Premium Premium News Gold Miners Could Glitter for Dividend Investors Aaron … The current dividend yield for Wheaton Precious Metals as of January 06, 2021 is 1.06%. Seeking Alpha Premium Dividend Score. In 2020, gold prices finally broke through and remained over the US$1,500-per-ounce price. DRIP Plan: Click here Based on the last year's worth of payments, Wheaton Precious Metals has a trailing yield of 1.1% on the current stock price of CA$54.85. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Wheaton to be materially different from those expressed or implied by such forward-looking statements including risks discussed in the section entitled “Description of the Business – Risk Factors” in Wheaton's Annual Information Form available on SEDAR at www.sedar.com, , Wheaton's Form 40-F for the year ended December 31, 2019 and Form 6-K filed March 11, 2020 both on file with the U.S. Securities and Exchange Commission on EDGAR and Wheaton’s Management’s Discussion and Analysis for the three months ended March 31, 2020 and nine months ended September 30, 2020, both available on SEDAR at www.sedar.com and Form 6- Ks filed May 7, 2020 and November 9, 2020, both available on EDGAR. This dividend qualifies as an ‘eligible dividend’ for Canadian income tax purposes. Dividend payout ratio: 44.68% of net profits. The current TTM dividend payout for Wheaton Precious Metals (WPM) as of January 06, 2021 is $0.48. Under this policy, the forecast annualized dividend for 2020 would represent an increase of more than 90% over a five-year period. A registration statement relating to the DRIP has been filed with the U.S. Securities and Exchange Commission and may be obtained under the Company’s profile on the U.S. Securities and Exchange Commission’s website at http://www.sec.gov. Registered shareholders can enroll in the DRIP by completing the enrollment form (see link below). Shauvik Haldar Nov 17, 2020. Wheaton Precious Metals Announces a 20% Increase in the Fourth Quarterly Dividend of 2020, https://www.canstockta.com/en/InvestorServices/Investor_Information/Issuer_List/IssuerDet ail.jsp?companyCode=150, Click here to proceed to third party website. Participation in the DRIP is optional. Wheaton Precious Metals Corp. Increases Dividend by 20% Amid Gold Rush. The Company has previously implemented a Dividend Reinvestment Plan (“DRIP”). Find the latest dividend history for Wheaton Precious Metals Corp Common Shares (Canada) (WPM) at Nasdaq.com. We are not responsible or liable for the operation, content or policies of the website to which you are linking, and do not endorse, control, supervise or review its policies, assumptions, content or forward-looking statements. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), … Wheaton Precious Metals Corp. WPM was a big mover last session, as the company saw its shares rise more than 8% on the day. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to, statements with respect to future dividends. Commencing April 15, 2014, registered shareholders may also enroll in the DRIP online through the Plan Agent's self-service web portal (see link below). Wheaton Precious Metals Corp Dividend policy Active Price as of: JAN 08, 11:00 AM EDT $43.4 -2.0 -4.41% Watchlist Overview. Historical dividend payout and yield for Wheaton Precious Metals (WPM) since 2019. Chart. Vancouver, British Columbia – Wheaton Precious Metals™ Corp. (“Wheaton” or the “Company”) is pleased to announce that its Board of Directors has declared its fourth quarterly cash dividend payment for 2020 of US$0.12 per common share, a 20% increase relative to the prior period dividend. Shareholders of record on Wednesday, November 25th will be given a dividend of 0.12 per share on Thursday, December 10th. Wheaton Precious Metals Corp ( WPM) is a Vancouver, Canada-based diversified mining company with 20 operating mines and nine development projects under its portfolio. Forward-looking statements are based on assumptions management currently believes to be reasonable, including (without limitation) that there will be no material adverse change in the market price of commodities, that neither Wheaton nor the Mining Operations will suffer significant impacts as a result of an epidemic (including the COVID-19 virus pandemic), that the mining operations from which Wheaton purchases precious metals will continue to operate, that each party will satisfy their obligations in accordance with the precious metals purchase agreements and that Wheaton's application of the CRA Settlement for years subsequent to 2010 is accurate (including the Company's assessment that there will be no material change in the Company's facts or change in law or jurisprudence for years subsequent to 2010). The Company may, from time to time, in its discretion, change or eliminate the discount applicable to Treasury Acquisitions or direct that such common shares be purchased in Market Acquisitions at the prevailing market price, any of which would be publicly announced. Participation in the DRIP is optional. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Wheaton Precious Metals Corp are: Amongst its dividend-issuing peers in the large-sized market cap category, WPM's beta -- a measure of volatility relative to the market at large -- is lower than 98.88% of them. Payout History. The company has grown its dividend for the last 1 consecutive years and is increasing its dividend by an average of 19.68% each year. Holders wanting to use the self-service web portal need to have a valid Answerline ID or register for an Answerline ID at https://www.canstockta.com/en/InvestorServices/answerline.html. We use cookies to enhance your experience. Company Profile. Monetary policy and fiscal policy are both supportive as is weak economic growth. If you are visiting a social media website, please refer to our Social Media Engagement Guidelines. DRIP Enrollment Form: Click here VANCOUVER, BC, Aug. 12, 2020 /CNW/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its third quarterly cash dividend payment for 2020 of US$0.10 per common share. If you are visiting a social media website, please refer to our Social Media Engagement Guidelines. It is understandable that investor optimism is growing ahead of the company’s current quarter results. The company stock has a Forward Dividend ratio of 0.48, while the dividend yield is 1.06. New. Under the Company’s dividend policy, the quarterly dividend per common share is targeted to equal approximately 30% of the average cash generated by operating activities in the previous four quarters divided by the Company’s then outstanding common shares, all rounded to the nearest cent. A written copy of the prospectus included in the registration statement may be obtained by contacting the Corporate Secretary of the Company at 1021 West Hastings Street, Suite 3500, Vancouver, British Columbia, Canada V6E 0C3. However, precious metals streamer Wheaton Precious Metals Corp (NYSE: WPM) is an even better option for investors looking to get some dividend income out of a gold and silver investment. Recently Wheaton Precious Metals has paid out, on average, around 44.68% of net profits as dividends. You should address any concerns or questions you may have regarding that website to the site Administrator or Webmaster of that website. Wheaton Precious Metals's upcoming dividend is US$0.12 a share, following on from the last 12 months, when the company distributed a total of US$0.48 per share to shareholders. As a result, Wheaton has consistently outperformed gold and silver, as well as other mining investments. Wheaton Precious Metals Corp. has a forward dividend ratio of 0.48, with the share yield ticking at 1.06% to continue the rising pattern observed over the past year. Registered shareholders may also enroll in the DRIP online through the plan agent’s selfservice web portal at: https://www.canstockta.com/en/InvestorServices/Investor_Information/Issuer_List/IssuerDet ail.jsp?companyCode=150. Wheaton Precious Metals Corp.(NYSE:WPM): Precious metals have started off 2021 quite strong. You are now leaving the Wheaton Precious Metals' website to go to an external third-party website. Wheaton Precious Metals is one of the world’s largest precious metals streaming companies. You are now leaving the Wheaton Precious Metals' website to go to an external third-party website. The fourth quarterly cash dividend for 2020 of gross US$0.12 will be paid to holders of record of Wheaton Precious Metals common shares as of the close of business on November 25, 2020 and will be distributed on or about December 10, 2020 with an ex-dividend trading date anticipated to be November 23, 2020. Review WPM (XNYS) dividend yield and history, to decide if WPM is the best investment for you. Payout Estimate. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Looking ahead, Wheaton Precious Metals has not announced an ex-dividend date yet. The declaration and payment of dividends remains at the discretion of the Board and will depend on the company’s cash requirements, future prospects and other factors deemed relevant by the Board of Directors. By continuing to visit this site, you agree to our use of cookies. Beneficial shareholders should contact their nominee to enroll in the DRIP. Participants in the DRIP may obtain additional Common Shares of the Company by automatically reinvesting all or any portion of the cash dividends paid on Common Shares held by the Plan participant without paying any brokerage commissions, administrative costs or other service charges. Beneficial shareholders do not hold Wheaton Precious Metals Common Shares in their own name but instead hold their Common Shares through a nominee such as a financial institution, broker or other nominee who holds the Common Shares for the beneficial shareholder. We are not responsible or liable for the operation, content or policies of the website to which you are linking, and do not endorse, control, supervise or review its policies, assumptions, content or forward-looking statements. The quarterly dividend per common share will be equal to 30% of the average cash generated by operating activities in the previous four quarters divided by the Company's outstanding common shares at the time the dividend is approved, all rounded to the nearest cent. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. Taylor Dart highlights why WPM and PAAS are likely to outperform. It's increasingly likely that the bull market in the sector has resumed. To minimize volatility in quarterly dividends, the Company has set a minimum quarterly dividend of $0.10 per common share for the duration of 2020 representing an 11% increase relative to 2019. The fourth quarterly cash dividend for 2020 of gross US$0.12 will be paid to holders of record of Wheaton Precious Metals common shares as of the close of business on November 25, 2020 and will be distributed on or about December 10, 2020 with an ex-dividend trading date anticipated to be November 23, 2020. We offer investors cost predictability, direct leverage to increasing precious metals prices and a high-quality asset base. Proceed at your own risk. For more information, shareholders interested in enrolling in the DRIP should refer to the materials noted below, or contact the Plan Agent, AST Trust Company (Canada) ("AST"), at the link noted below. This press release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation concerning the business, operations and financial performance of Wheaton. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS. Precious metal investments are finally more than just shiny things. This press release is not an offer to sell or a solicitation of an offer of securities. The company’s average dividend yield trailing the past 5-year period is 1.32%. Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its second quarterly cash dividend payment for 2020 of US$0.10 per common share, an 11% increase relative to the prior period. Registered shareholders hold Wheaton Precious Metals Common Shares in their own name. Compare. The declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. Second Quarterly Dividend The second quarterly cash dividend for 2020 of US$0.10 will be paid to holders of record of Wheaton Precious Metals common … In respect of Treasury Acquisitions under the Plan, the Company can issue the common shares at a discount of up to 1% of the Average Market Price, as defined in the DRIP. Wheaton Precious Metals Corp. (WPM) Dividend Growth History: By month or year. The DRIP and enrollment forms, including direct deposit, are available for download on the Company’s website at www.wheatonpm.com, accessible by quick links directly from the home page, and can also be found in the ‘investors’ section, under the ‘dividends’ tab. We use cookies to enhance your experience. Last year, Wheaton Precious Metals paid a total dividend of 0.39, and it currently has a trailing dividend yield of 0.91%. That has enabled analysts to estimate a "forward annual dividend yield" of 1.23% of the current stock value. 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