Wheaton Precious Metals Co. (TSE:WPM) announced a quarterly dividend on Thursday, May 24th, TickerTech reports. Shareholders of record on Thursday, June 7th will be paid a dividend of 0.09 per share on Thursday, June 7th. This represents a $0.36 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend is Thursday, May 24th.
Shares of WPM stock opened at C$27.87 on Wednesday. Wheaton Precious Metals has a 52 week low of C$23.18 and a 52 week high of C$28.73.
Wheaton Precious Metals (TSE:WPM) last posted its quarterly earnings results on Thursday, May 10th. The company reported C$0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.20. Wheaton Precious Metals had a net margin of 32.79% and a return on equity of 5.29%. The company had revenue of C$251.88 million for the quarter, compared to analyst estimates of C$271.29 million.
Several research firms have recently issued reports on WPM. National Bank Financial boosted their price target on shares of Wheaton Precious Metals from C$33.00 to C$35.00 and gave the company an “outperform” rating in a research report on Tuesday, April 10th. Canaccord Genuity lowered their price target on shares of Wheaton Precious Metals from C$39.50 to C$38.50 in a research report on Thursday, March 22nd. Five investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average target price of C$32.13.
About Wheaton Precious Metals
Wheaton Precious Metals Corp. operates as a silver and gold streaming company in Canada and internationally. It has streaming agreements for 20 operating mines and 9 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp.
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