Wheaton Precious Metals Corp. (TSE:WPM) declared a quarterly dividend on Thursday, November 9th, Zacks reports. Stockholders of record on Monday, November 27th will be given a dividend of 0.116 per share on Thursday, December 7th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date is Friday, November 24th. This is a boost from Wheaton Precious Metals’s previous quarterly dividend of $0.10.
Wheaton Precious Metals (TSE WPM) remained flat at $C$26.62 during mid-day trading on Monday. 977,558 shares of the company’s stock traded hands, compared to its average volume of 1,010,840. Wheaton Precious Metals has a 12 month low of C$22.63 and a 12 month high of C$30.32.
A number of analysts recently commented on WPM shares. Eight Capital restated a “buy” rating on shares of Wheaton Precious Metals in a research report on Thursday, November 16th. CIBC lowered their price objective on shares of Wheaton Precious Metals from C$25.00 to C$24.00 and set an “outperform” rating for the company in a research report on Friday, August 11th. National Bank Financial upped their price objective on shares of Wheaton Precious Metals from C$30.00 to C$32.00 in a research report on Friday, August 11th. Canaccord Genuity lowered their target price on Wheaton Precious Metals from C$35.00 to C$34.00 in a report on Friday, August 11th. Finally, Royal Bank Of Canada lowered their target price on Wheaton Precious Metals to C$31.00 and set an “outperform” rating for the company in a report on Tuesday, September 5th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Wheaton Precious Metals currently has a consensus rating of “Buy” and an average target price of C$31.29.
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About Wheaton Precious Metals
Wheaton Precious Metals Corp. operates as a silver and gold streaming company worldwide. It has streaming agreements for 21 operating mines and 8 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.
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