Curated News
By: NewsRamp Editorial Staff
May 09, 2025
Wheaton Precious Metals Increases Quarterly Dividend by 6.5%
TLDR
- Wheaton Precious Metals increases quarterly dividend by 6.5%, offering competitive advantage to shareholders.
- Wheaton Precious Metals pays $0.165 per common share dividend on June 10 to shareholders of record as of May 28.
- Wheaton Precious Metals' dividend growth strategy enhances shareholder value, fostering financial stability and prosperity.
- Wheaton Precious Metals' active Dividend Reinvestment Plan allows shareholders to benefit from market price shares without discounts.
Impact - Why it Matters
This news matters as it highlights the financial health and growth of Wheaton Precious Metals, a leading precious metals streaming company. Investors can benefit from the increased dividend and the company's focus on delivering value through its unique business model and strategic acquisitions.
Summary
Wheaton Precious Metals (NYSE: WPM) (TSX: WPM) announced a 6.5% increase in its second quarterly cash dividend for 2025, now at $0.165 per common share. The dividend will be paid on June 10 to shareholders of record as of May 28, with the ex-dividend date also set for May 28. The company's Dividend Reinvestment Plan (DRIP) remains active, with shares issued through treasury at market price and no discount applied for this quarter.
Wheaton Precious Metals is the world's premier precious metals streaming company with a high-quality portfolio of long-life, low-cost assets. Its business model offers investors leverage to commodity prices and exploration upside with a lower risk profile than traditional mining companies. The company delivers high cash operating margins and competitive dividends, continuing to grow through accretive acquisitions.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Wheaton Precious Metals Increases Quarterly Dividend by 6.5%
