Wheaton Precious Metals Boosts Quarterly Dividend by 18%

Wheaton Precious Metals Corp. (NYSE: WPM) (TSX: WPM) has announced an 18% increase in its quarterly dividend, a move that underscores the company's robust financial health and its commitment to returning value to shareholders. The board of directors declared a third-quarter 2026 cash dividend of $0.195 per common share, up from the $0.165 per share paid in the third quarter of 2025. This increase is a testament to the company's strong cash flow generation and its ability to deliver consistent returns even in a volatile commodity market.

The dividend will be payable on or about September 3, 2026, to shareholders of record as of August 20, 2026, which also marks the ex-dividend date. In addition, participants in the company's optional Dividend Reinvestment Plan (DRIP) will receive newly issued common shares from treasury at the average market price, without any discount, for this dividend. This feature allows shareholders to compound their investment by acquiring additional shares without incurring transaction costs.

Wheaton Precious Metals is recognized as the world's premier precious metals streaming company, boasting a portfolio of high-quality, long-life, low-cost assets. The company's business model is designed to provide investors with leverage to commodity prices and exploration upside, but with a significantly lower risk profile compared to traditional mining companies. This approach has enabled Wheaton to consistently achieve among the highest cash operating margins in the mining industry, which in turn supports its competitive dividend policy and facilitates growth through accretive acquisitions.

The dividend increase is expected to be well received by investors, as it signals management's confidence in the company's future cash flows and its ability to sustain and grow shareholder distributions. It also highlights Wheaton's dedication to strong environmental, social, and governance (ESG) practices, as the company continues to give back to the communities where it and its mining partners operate. By creating sustainable value through streaming, Wheaton Precious Metals remains a compelling investment option for those seeking exposure to precious metals with a lower risk profile.

Investors and analysts will likely view this dividend hike as a positive indicator of the company's operational performance and financial stability. As Wheaton continues to expand its streaming portfolio and optimize its capital allocation, the increased dividend reflects a balanced approach to rewarding shareholders while retaining sufficient capital for future growth opportunities.

For more information on this announcement, the full press release can be accessed at https://ibn.fm/jkBLw. Additionally, the latest news and updates regarding Wheaton Precious Metals are available in the company's newsroom at https://ibn.fm/WPM.