Wheaton Precious Metals Corp. (LON:WPM) to Issue Dividend Increase – $0.16 Per Share

Wheaton Precious Metals Corp. (LON:WPMGet Free Report) announced a dividend on Friday, March 15th, Upcoming.Co.Uk reports. Stockholders of record on Tuesday, April 2nd will be paid a dividend of $0.16 per share on Monday, April 15th. This represents a dividend yield of 0.35%. The ex-dividend date of this dividend is Tuesday, April 2nd. This is a boost from Wheaton Precious Metals’s previous dividend of $0.15. The official announcement can be seen at this link.

Wheaton Precious Metals Trading Up 8.8 %

Shares of WPM opened at GBX 3,830 ($48.40) on Monday. The stock has a market cap of £17.35 billion, a P/E ratio of 4,074.47 and a beta of 0.61. Wheaton Precious Metals has a 1 year low of GBX 3,040 ($38.42) and a 1 year high of GBX 4,253 ($53.75). The stock’s 50-day moving average price is GBX 3,499.66 and its two-hundred day moving average price is GBX 3,596.63.

Analysts Set New Price Targets

Separately, Berenberg Bank lowered their price objective on shares of Wheaton Precious Metals from GBX 4,500 ($56.87) to GBX 4,100 ($51.81) and set a “buy” rating for the company in a research report on Thursday, February 22nd.

Read Our Latest Stock Report on Wheaton Precious Metals

About Wheaton Precious Metals

(Get Free Report)

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 10, 2017. Wheaton Precious Metals Corp.

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