DIVIDEND DECLARATION - Wheaton Precious Metals Announces Quarterly Dividend
The quarterly payment is 18% above the fourth quarterly dividend declared in 2025.
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Rhea-AI Summary
Wheaton Precious Metals (WPM) declared its fourth quarterly cash dividend for 2026 of US$0.195 per common share. The payment is 18% higher than the fourth quarterly dividend declared in 2025. It will be distributed on or about December 3, 2026, to shareholders of record at the close of business on November 19, 2026. The ex-dividend date is November 19, 2026.
The payment qualifies as an eligible dividend for Canadian income tax purposes. For this dividend, the optional Dividend Reinvestment Plan will issue common shares from treasury at the plan-defined Average Market Price, without a discount.
Positive
- Minor pointUS$0.195 per common share dividend increases 18% from the fourth quarterly dividend declared in 2025.
Negative
- Minor point. Forward-looking: it has not happened yet and may not happen.New treasury shares issued through the optional reinvestment plan dilute holders, at Average Market Price without a discount.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The fourth quarterly cash dividend for 2026 will be paid to holders of record of Wheaton common shares as of the close of business on November 19, 2026, and will be distributed on or about December 3, 2026. The ex-dividend trading date is November 19, 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
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How much is Wheaton Precious Metals' fourth quarterly dividend for 2026, and when will it be paid?
The dividend is US$0.195 per common share, payable on or about December 3, 2026. Shareholders must be holders of record at the close of business on November 19, 2026, which is also the ex-dividend date.