Wheaton Precious Metals Corp. (LON:WPM) Raises Dividend to $0.17 Per Share

Wheaton Precious Metals Corp. (LON:WPM) declared a dividend on Friday, March 14th, DividendData.Co.Uk reports. Stockholders of record on Tuesday, April 1st will be given a dividend of $0.17 per share on Friday, April 11th. This represents a dividend yield of 0.22%. The ex-dividend date is Tuesday, April 1st. This is a 6.5% increase from Wheaton Precious Metals’s previous dividend of $0.16. The official announcement can be viewed at this link.

Wheaton Precious Metals Stock Up 0.7 %

LON WPM opened at GBX 5,928.61 ($76.74) on Friday. The company has a 50-day moving average price of GBX 5,385.54 and a 200-day moving average price of GBX 5,005.61. Wheaton Precious Metals has a 52 week low of GBX 3,480 ($45.04) and a 52 week high of GBX 6,011.84 ($77.81). The firm has a market capitalization of £33.29 billion, a P/E ratio of 54.62 and a beta of 0.70.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 5,900 ($76.37) price target on shares of Wheaton Precious Metals in a research report on Monday, March 17th.

About Wheaton Precious Metals

Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal.