Wheaton Precious Metals Corp. (LON:WPM) Announces Dividend of $0.17

Wheaton Precious Metals Corp. (LON:WPM - Get Free Report) announced 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 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 accessed at this link.

Wheaton Precious Metals Trading Down 0.1 %

Wheaton Precious Metals stock traded down GBX 7.51 ($0.10) during trading on Thursday, hitting GBX 6,012.49 ($78.07). The company had a trading volume of 2,269 shares, compared to its average volume of 2,320. The stock has a market cap of £33.76 billion, a price-to-earnings ratio of 55.39 and a beta of 0.70. Wheaton Precious Metals has a 1-year low of GBX 3,727.60 ($48.40) and a 1-year high of GBX 6,281 ($81.56). The company's 50 day simple moving average is GBX 5,454.35 and its 200-day simple moving average is GBX 5,033.29.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 5,900 ($76.61) price objective on shares of Wheaton Precious Metals in a research note 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.