DIVIDEND DECLARATION - Wheaton Precious Metals Announces Increase to Quarterly Dividend

Rhea-AI Summary

Wheaton Precious Metals (NYSE: WPM) declared a first quarterly cash dividend for 2026 of US$0.195 per common share, an 18% increase from the Q4 2025 dividend of US$0.165. The company reported record dividends of US$0.66 per share for 2025.

The dividend is payable to holders of record at close of business on March 31, 2026 (ex-dividend date March 31) and will be distributed on or about April 10, 2026. The dividend qualifies as an eligible dividend for Canadian tax purposes. The company will offer DRIP shares from treasury at the Average Market Price without a discount.

Positive

• Quarterly dividend increased 18% to US$0.195
• Record dividends totaled US$0.66 per share in 2025

Negative

• Future dividends remain at Board discretion
• DRIP treasury issuance may increase outstanding share count

VANCOUVER, BC, March 12, 2026 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its first quarterly cash dividend payment for 2026 of US$0.195 per common share, an 18% increase from the fourth quarterly cash dividend payment for 2025 of US$0.165 per common share. The Company declared record dividends during 2025, totaling US$0.66 per common share.

The first quarterly cash dividend for 2026 will be paid to holders of record of Wheaton common shares as of the close of business on March 31, 2026, and will be distributed on or about April 10, 2026. The ex-dividend trading date is March 31, 2026.

The declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes.

Dividend Reinvestment Plan
The Company has previously implemented a Dividend Reinvestment Plan ("DRIP"). Participation in the DRIP is optional. For the purposes of this quarterly dividend, the Company has elected to issue common shares under the DRIP through treasury at the Average Market Price, as defined in the DRIP, without a discount.

The Company may, from time to time, in its discretion, apply, change or eliminate any discount applicable to Treasury Acquisitions, as defined in the DRIP, or direct that such common shares be purchased in Market Acquisitions, as defined in the DRIP, at the prevailing market price, any of which would be publicly announced.

The DRIP enrollment forms, including direct deposit, are available for download on the Company's website at www.wheatonpm.com, in the 'Investors' section under the 'Shareholder information' and 'Dividends' tabs.

Registered shareholders may also enroll in the DRIP online through the plan agent's self-service web portal.

Beneficial shareholders should contact their financial intermediary to arrange enrollment. All shareholders considering enrollment in the DRIP should carefully review the terms of the DRIP and consult with their advisors as to the implications of enrollment in the DRIP.

CAUTIONARY NOTE REGARDING FORWARD LOOKING-STATEMENTS
This press release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation concerning the business, operations and financial performance of Wheaton. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to, statements with respect to future dividends. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Wheaton to be materially different from those expressed or implied by such forward-looking statements including risks discussed in the section entitled "Description of the Business – Risk Factors" in Wheaton's Annual Information Form available on SEDAR+ at www.sedarplus.ca and Wheaton's Form 40-F for the year ended December 31, 2024 filed March 31, 2025 on file with the U.S. Securities and Exchange Commission on EDGAR and the risks identified under "Risks and Uncertainties" in Wheaton's Management's Discussion and Analysis for the year ended December 31, 2025, available on SEDAR+ and in Wheaton's Form 6-K to filed March 12, 2026. Forward-looking statements are based on assumptions management currently believes to be reasonable, including (without limitation) that there will be no material adverse change in the market price of commodities, that estimations of future production from the mining operations and mineral reserves and resources are accurate, that the mining operations from which Wheaton purchases precious metals will continue to operate, that each party will satisfy their obligations in accordance with the precious metals purchase agreements and royalty agreements, and that Wheaton's assessment of taxes payable is accurate.  

View original content:https://www.prnewswire.com/news-releases/dividend-declaration---wheaton-precious-metals-announces-increase-to-quarterly-dividend-302712793.html

SOURCE Wheaton Precious Metals Corp.

FAQ

What dividend did Wheaton Precious Metals (WPM) declare for Q1 2026 and when is payment?

Wheaton declared a US$0.195 per share quarterly dividend. According to the company, holders of record as of March 31, 2026 will receive payment on or about April 10, 2026.

How much did the WPM quarterly dividend increase compared to Q4 2025?

The quarterly dividend increased by 18% from the prior quarter. According to the company, the Q4 2025 dividend was US$0.165, now rising to US$0.195 for Q1 2026.

What were Wheaton Precious Metals (WPM) total dividends for 2025?

Wheaton reported record dividends totaling US$0.66 per common share for 2025. According to the company, that total reflects the dividends declared and paid during the 2025 fiscal year.

What is Wheaton's ex-dividend and record date for the March 2026 dividend (WPM)?

The ex-dividend and record date for this payment is March 31, 2026. According to the company, shareholders of record at the close of business on that date are eligible for payment on or about April 10, 2026.

Does Wheaton Precious Metals (WPM) offer a Dividend Reinvestment Plan (DRIP) for the March 2026 dividend?

Yes, the company offers a DRIP and will issue DRIP shares from treasury at the Average Market Price without a discount for this dividend. According to the company, DRIP participation is optional for shareholders.

Is the March 2026 dividend from Wheaton (WPM) eligible for Canadian tax purposes?

Yes, the dividend qualifies as an eligible dividend for Canadian income tax purposes. According to the company, this classification affects Canadian tax treatment for eligible shareholders.