Wheaton Precious Metals Corp. (LON:WPM) Declares $0.16 Dividend

Wheaton Precious Metals Corp. (LON:WPM) declared a dividend on Friday, May 10th, Upcoming.Co.Uk reports. Stockholders of record on Wednesday, May 29th will be paid a dividend of $0.16 per share on Tuesday, June 11th. This represents a dividend yield of 0.28%. The ex-dividend date is Wednesday, May 29th. The official announcement can be viewed at this link.

Wheaton Precious Metals Price Performance

Shares of Wheaton Precious Metals stock opened at GBX 4,500 ($56.53) on Friday. Wheaton Precious Metals has a 1 year low of GBX 3,040 ($38.19) and a 1 year high of GBX 4,500 ($56.53). The stock has a market cap of £20.39 billion, a price-to-earnings ratio of 4,670.21 and a beta of 0.66. The firm’s 50-day moving average is GBX 3,861.70 and its two-hundred day moving average is GBX 3,735.04.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reduced their price objective on shares of Wheaton Precious Metals from GBX 4,500 ($56.53) to GBX 4,100 ($51.51) and set a “buy” rating for the company in a research note on Thursday, February 22nd.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.