Gold and Precious Metals

Wheaton Precious Metals Corp. (LON:WPM) Declares Dividend Increase

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

Wheaton Precious Metals Price Performance

WPM stock opened at GBX 3,578.50 ($45.85) on Friday. Wheaton Precious Metals has a 52-week low of GBX 3,040 ($38.95) and a 52-week high of GBX 4,253 ($54.49). The company has a 50-day moving average of GBX 3,545.01 and a two-hundred day moving average of GBX 3,582.50. The stock has a market capitalization of £16.21 billion, a price-to-earnings ratio of 3,809.78 and a beta of 0.61.

Analysts Set New Price Targets

Separately, Berenberg Bank cut their price objective on shares of Wheaton Precious Metals from GBX 4,500 ($57.66) to GBX 4,100 ($52.53) and set a “buy” rating for the company in a research report on Thursday, February 22nd.

Read Our Latest Stock Analysis on WPM

Wheaton Precious Metals Company Profile

(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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