Wheaton Precious Metals Corp. (NYSE:WPM) Declares Quarterly Dividend of $0.20

Wheaton Precious Metals Corp. (NYSE:WPM) announced a quarterly dividend on Thursday, November 5th. Investors of record on Thursday, November 19th will be paid a dividend of $0.1950 per share on Thursday, December 3rd. This represents a $0.78 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, November 19th.

Wheaton Precious Metals has increased its dividend by an average of 0.1% annually over the last three years and has increased its dividend annually for the last 2 consecutive years. Wheaton Precious Metals has a dividend payout ratio of 34.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Wheaton Precious Metals to earn $4.53 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 17.2%.

Wheaton Precious Metals Price Performance

Shares of NYSE:WPM opened at $132.42 on Friday. Wheaton Precious Metals has a twelve month low of $96.00 and a twelve month high of $165.76. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.20. The company has a market cap of $60.15 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 2.57 and a beta of 0.56. The company’s 50 day moving average is $139.02 and its 200 day moving average is $133.75.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.90 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.01). The business had revenue of $771.73 million for the quarter, compared to analyst estimates of $787.10 million. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 21.97%. On average, sell-side analysts forecast that Wheaton Precious Metals will post 4.57 EPS for the current year.

Key Wheaton Precious Metals News

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: Revenue rose 62% year over year to US$772 million in the third quarter; net earnings increased 12% to US$410 million and adjusted earnings rose 46%. Wheaton also cited record year-to-date production, sales volume, revenue, earnings and cash flow, and said it remains positioned to meet its annual production guidance. Article: Wheaton Precious Metals revenue jumps 62%
• Positive Sentiment: The company declared a quarterly dividend of US$0.195 per share, an 18% increase from the year-earlier payment. The dividend is payable December 3 to shareholders of record November 19. Article: Dividend declaration
• Positive Sentiment: Peel Hunt retained its Buy rating and C$187 price target, saying third-quarter performance beat its forecasts. Article: Peel Hunt keeps Buy rating
• Neutral Sentiment: Wheaton highlighted growth-project milestones, including the first gold pour at Montage Gold’s Koné project and approval to build Hudbay’s Copper World project. Article: Third-quarter results and growth milestones
• Negative Sentiment: Adjusted quarterly EPS of US$0.90 missed the US$0.91 consensus, while revenue of US$771.73 million was below analyst expectations of about US$787 million. Scotiabank also reduced its 2026 EPS estimate to US$4.65 from US$4.83, though it maintained a Sector Outperform rating and US$175 target. Article: Q3 earnings and revenue miss

About Wheaton Precious Metals

Wheaton Precious Metals Corp. is a precious metals streaming company headquartered in Vancouver, British Columbia. Rather than operating mines directly, the company provides upfront financing to mining companies in exchange for the right to purchase a portion of the gold, silver, palladium and cobalt produced by specific mining operations at predetermined prices.

Wheaton sells the streamed metals to customers and uses the proceeds to support its operations and investments. Its portfolio is linked to mining assets operated by third parties, with exposure to projects in the Americas and other regions.