Wheaton Precious Metals Increases Quarterly Dividend by 18%

Wheaton Precious Metals Corp. (NYSE: WPM) (TSX: WPM) announced that its board of directors has declared its second quarterly cash dividend for 2026 of US$0.195 per common share, representing an 18% increase from the comparable 2025 dividend. The dividend will be paid on or about June 9, 2026, to shareholders of record as of the close of business on May 27, 2026. The company also confirmed the continued availability of its optional dividend reinvestment plan.

This dividend increase underscores Wheaton's strong financial position and its ability to generate significant cash flow from its high-quality streaming portfolio. As the world's premier precious metals streaming company, Wheaton offers investors leverage to commodity prices and exploration upside with a lower risk profile than traditional mining companies. The company's business model delivers among the highest cash operating margins in the mining industry, enabling it to pay a competitive dividend while continuing to grow through accretive acquisitions.

The announcement reinforces Wheaton's commitment to returning value to shareholders. The 18% dividend hike is a direct result of the company's robust cash generation and disciplined capital allocation. Investors often view dividend increases as a sign of corporate health and management confidence in future earnings. For shareholders, this increase provides a growing income stream and signals that Wheaton expects its cash flows to remain strong.

Wheaton's streaming model involves upfront payments to mining companies in exchange for the right to purchase a percentage of future precious metals production at a fixed, low price. This approach minimizes operational risks such as mining costs, labor issues, and environmental liabilities, while still providing exposure to commodity price appreciation. As a result, Wheaton can maintain high margins even during periods of lower metal prices.

The company is also dedicated to strong ESG practices and giving back to the communities where it and its mining partners operate. By creating sustainable value through streaming, Wheaton aligns its financial success with responsible environmental and social stewardship.

For more details on the dividend declaration, visit the full press release at https://ibn.fm/PmotN. To stay updated on Wheaton's latest news, visit their newsroom at https://ibn.fm/WPM.