DIVIDEND DECLARATION - Wheaton Precious Metals Announces Quarterly Dividend

Rhea-AI Summary

Wheaton Precious Metals (NYSE:WPM) declared a second-quarter 2026 cash dividend of US$0.195 per common share, an 18% increase versus the second-quarter 2025 dividend. The dividend is payable on or about June 9, 2026 to holders of record at close of business on May 27, 2026 (ex-dividend date May 27, 2026). The dividend qualifies as an eligible dividend for Canadian tax purposes. The company will offer its existing Dividend Reinvestment Plan (DRIP) for this dividend, issuing common shares from treasury at the Average Market Price without a discount.

AI-generated analysis. Not financial advice.

Positive

• Quarterly dividend raised by 18% to US$0.195 per share
• Payment timetable set: record date May 27, 2026 and payment on or about June 9, 2026
• DRIP participation available with treasury issuance at Average Market Price (no discount)

Negative

• Declaration, timing, amount and future dividends remain at the discretion of the Board
• DRIP shares will be issued from treasury at Average Market Price without a discount

VANCOUVER, BC, May 7, 2026 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its second quarterly cash dividend payment for 2026 of US$0.195 per common share, an 18% increase from the second quarterly cash dividend declared in 2025.

The second quarterly cash dividend for 2026 will be paid to holders of record of Wheaton common shares as of the close of business on May 27, 2026, and will be distributed on or about June 9, 2026. The ex-dividend trading date is May 27, 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, 2025 filed March 31, 2026 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.  

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SOURCE Wheaton Precious Metals Corp.

FAQ

What dividend did Wheaton Precious Metals (WPM) declare for Q2 2026?

Wheaton Precious Metals declared a US$0.195 per share quarterly cash dividend. According to the company, this represents an 18% increase versus the second quarter dividend declared in 2025 and qualifies as an eligible dividend for Canadian tax purposes.

When is the Wheaton Precious Metals (WPM) dividend record date and payment date for Q2 2026?

The record date for the dividend is May 27, 2026 and payment will be made on or about June 9, 2026. According to the company, the ex-dividend trading date is also May 27, 2026.

How does Wheaton Precious Metals (WPM) handle Dividend Reinvestment Plan (DRIP) enrollment for the Q2 2026 dividend?

Shareholders may enroll in the DRIP; registered investors can enroll online via the plan agent. According to the company, enrollment forms and direct deposit instructions are available on the investor section of the company website.

Will Wheaton Precious Metals (WPM) issue DRIP shares at a discount for the Q2 2026 dividend?

For this dividend, the company will issue DRIP common shares from treasury at the Average Market Price without a discount. According to the company, it may change or apply discounts to future treasury acquisitions at its discretion.

Is the Wheaton Precious Metals (WPM) Q2 2026 dividend taxable and how is it classified?

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

What should beneficial shareholders of Wheaton Precious Metals (WPM) do to participate in the DRIP for the Q2 2026 dividend?

Beneficial shareholders should contact their financial intermediary to arrange DRIP enrollment. According to the company, participation is optional and intermediaries must complete enrollment on behalf of beneficial holders.