Wheaton Precious Metals Corp. Declares Quarterly Dividend of $0.20 (TSE:WPM)

Wheaton Precious Metals Corp. (TSE:WPM) announced a quarterly dividend on Thursday, August 20th, TickerTech Dividends reports. Stockholders of record on Thursday, September 3rd will be given a dividend of 0.195 per share on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th.

Wheaton Precious Metals Trading Up 1.7%

TSE WPM opened at C$189.48 on Tuesday. The stock has a market capitalization of C$86.05 billion, a price-to-earnings ratio of 42.03 and a beta of 1.39. Wheaton Precious Metals has a twelve month low of C$126.12 and a twelve month high of C$226.68. The stock has a 50-day moving average of C$163.59 and a 200 day moving average of C$180.32.

Wheaton Precious Metals (TSE:WPM) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$1.69 earnings per share (EPS) for the quarter. The company had revenue of C$1.32 billion for the quarter. Wheaton Precious Metals had a return on equity of 22.96% and a net margin of 64.66%. Equities analysts predict that Wheaton Precious Metals will post 2.4749013 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Nikola Tatarkin sold 3,733 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of C$189.00, for a total value of C$705,537.00. Following the completion of the transaction, the insider directly owned 30,756 shares of the company’s stock, valued at approximately C$5,812,884. This represents a 10.82% decrease in their position. Corporate insiders own 0.13% of the company’s stock.

Wheaton Precious Metals Company Profile

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.