Wheaton Precious Metals Corp. (WPM) to Issue Quarterly Dividend of $0.20 on June 9th

Wheaton Precious Metals Corp. (TSE:WPM) announced a quarterly dividend on Wednesday, May 27th, TickerTech Dividends reports. Investors of record on Tuesday, June 9th will be paid a dividend of 0.195 per share on Tuesday, June 9th. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date is Wednesday, May 27th.

Wheaton Precious Metals Stock Performance

Shares of Wheaton Precious Metals stock opened at C$174.74 on Monday. The stock has a fifty day simple moving average of C$185.01 and a 200 day simple moving average of C$178.57. Wheaton Precious Metals has a 12-month low of C$116.42 and a 12-month high of C$226.68. The company has a market capitalization of C$79.35 billion, a P/E ratio of 44.16 and a beta of 1.38.

Wheaton Precious Metals (TSE:WPM) last announced its quarterly earnings results on Thursday, May 7th. The company reported C$1.78 earnings per share (EPS) for the quarter. The business had revenue of C$1.25 billion during the quarter. Wheaton Precious Metals had a return on equity of 21.32% and a net margin of 65.55%. On average, analysts predict that Wheaton Precious Metals will post 2.4749013 EPS for the current year.

Insider Activity at Wheaton Precious Metals

In other news, insider Vincent Chun Yip Lau purchased 225 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were purchased at an average price of C$176.85 per share, with a total value of C$39,791.25. Following the transaction, the insider directly owned 1,065 shares of the company’s stock, valued at approximately C$188,345.25. This represents a 26.79% increase in their ownership of the stock. 0.13% of the stock is owned by corporate insiders.

About Wheaton Precious Metals

Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. 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. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.