DIVIDEND DECLARATION - Wheaton Precious Metals Announces Quarterly Dividend

Rhea-AI Summary

Wheaton Precious Metals (NYSE:WPM) has declared its third quarterly cash dividend for 2025 of US$0.165 per common share, representing a 6.5% increase compared to the same quarter in 2024. The dividend will be paid to shareholders of record as of August 21, 2025, with distribution scheduled for September 4, 2025.

The company also highlighted its Dividend Reinvestment Plan (DRIP), allowing shareholders to reinvest their dividends in additional common shares. For this quarter, new DRIP shares will be issued through treasury at the Average Market Price without a discount. Shareholders can participate in the DRIP through the company's website or the plan agent's web portal.

Positive

• None.

Negative

• DRIP shares issued without any discount this quarter

News Market Reaction – WPM

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+0.90% News Effect

On the day this news was published, WPM gained 0.90%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

VANCOUVER, BC, Aug. 7, 2025  /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its third quarterly cash dividend payment for 2025 of US$0.165 per common share, an increase of 6.5% relative to the third quarterly cash dividend declared in 2024.

The third quarterly cash dividend for 2025 will be paid to holders of record of Wheaton common shares as of the close of business on August 21, 2025 and will be distributed on or about September 4, 2025. The ex-dividend trading date is August 21, 2025.

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 at: https://tsxtrust.com/DRIP 

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.

This press release is not an offer to sell or a solicitation of an offer of securities. A registration statement relating to the DRIP has been filed with the U.S. Securities and Exchange Commission and may be obtained under the Company's profile on the U.S. Securities and Exchange Commission's website at http://www.sec.gov. A written copy of the prospectus included in the registration statement may be obtained by contacting the Corporate Secretary of the Company at 1021 West Hastings Street, Suite 3500, Vancouver, British Columbia, Canada V6E 0C3.

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, 2024, available on SEDAR+ and in Wheaton's Form 6-K to filed March 13, 2025. 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 application of the CRA Settlement (including the Company's assessment that there will be no material change in the Company's facts or change in law or jurisprudence for years subsequent to 2010) and Wheaton's interpretation of, compliance with, and application of the 15% global minimum tax, are accurate and that expectations regarding the resolution of legal and tax matters will be achieved (including CRA audits involving the Company).   

FAQ

What is Wheaton Precious Metals' (WPM) dividend amount for Q3 2025?

Wheaton Precious Metals announced a quarterly dividend of US$0.165 per common share for Q3 2025, representing a 6.5% increase from Q3 2024.

When is the ex-dividend date for Wheaton Precious Metals' Q3 2025 dividend?

The ex-dividend trading date is August 21, 2025.

When will Wheaton Precious Metals pay its Q3 2025 dividend?

The dividend will be distributed on or about September 4, 2025 to shareholders of record as of August 21, 2025.

How can shareholders participate in Wheaton Precious Metals' DRIP program?

Shareholders can enroll in the DRIP through Wheaton's website for registered shareholders or through their financial intermediary for beneficial shareholders. Online enrollment is also available through the plan agent's web portal.

Does Wheaton Precious Metals offer a discount on DRIP shares for Q3 2025?

No, for this quarterly dividend, Wheaton will issue common shares under the DRIP through treasury at the Average Market Price without any discount.