Recent Updates — WPM
Wheaton Precious Metals Corp. announced that its Board of Directors declared a third quarterly cash dividend for 2026 of US$0.195 per common share, representing an 18% increase from the same period in 2025. The dividend is payable to holders of record as of August 20, 2026, with distribution expected on or about September 3, 2026. The ex-dividend trading date is set for August 20, 2026. This declaration qualifies as an eligible dividend for Canadian income tax purposes and may be reinvested in common shares through the company's Dividend Reinvestment Plan at the average market price without a discount. Wheaton Precious Metals Corp. operates in the precious metals streaming industry, providing upfront financing to mining companies in exchange for the right to purchase a percentage of future metal production at reduced costs.
Wheaton Precious Metals reported record second quarter 2026 results, generating $929 million in revenue, $543 million in net earnings, and $650 million in operating cash flow. The company declared a quarterly dividend of $0.195 per common share. Wheaton also announced the closing of the BHP Antamina PMPA for $4.3 billion, funded by a new $1.5 billion Term Loan and draws on its upsized Revolving Credit Facility. Additionally, the firm acquired streaming interests in Jervois, Spanish Mountain, and Cipango. The company operates in the precious metals streaming and royalty sector.