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

Wheaton Precious Metals Corp. (LON:WPM) declared a dividend on Friday, March 14th, DividendData.Co.Uk reports. Shareholders of record on Tuesday, April 1st will be paid a dividend of $0.17 per share on Friday, April 11th. This represents a yield of 0.22%. The ex-dividend date of this dividend 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 accessed at this link.

Wheaton Precious Metals Stock Up 0.7 %

Shares of LON WPM opened at GBX 5,928.61 ($76.74) on Friday. The firm’s 50-day moving average price is GBX 5,385.54 and its 200-day moving average price is 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 company has a market cap of £33.29 billion, a PE ratio of 54.62 and a beta of 0.70.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 5,900 ($76.37) target price on shares of Wheaton Precious Metals in a 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.