Wheaton Precious Metals Corp. (LON:WPM) Plans $0.16 Dividend

Wheaton Precious Metals Corp. (LON:WPM - Get Free Report) announced a dividend on Friday, May 10th, Upcoming.Co.Uk reports. Shareholders of record on Wednesday, May 29th will be paid a dividend of $0.16 per share on Tuesday, June 11th. This represents a yield of 0.28%. The ex-dividend date is Wednesday, May 29th. The official announcement can be viewed at this link.

Wheaton Precious Metals Stock Down 1.4 %

Shares of LON WPM traded down GBX 60 ($0.75) during mid-day trading on Friday, reaching GBX 4,330 ($54.40). 1,041 shares of the company were exchanged, compared to its average volume of 2,019. Wheaton Precious Metals has a 1 year low of GBX 3,040 ($38.19) and a 1 year high of GBX 4,616.10 ($57.99). The firm has a 50-day moving average of GBX 3,881.30 and a 200 day moving average of GBX 3,739.90. The stock has a market cap of £19.62 billion, a price-to-earnings ratio of 4,606.38 and a beta of 0.66.

Analyst Ratings Changes

Separately, Berenberg Bank decreased their price target on shares of Wheaton Precious Metals from GBX 4,500 ($56.53) to GBX 4,100 ($51.51) and set a "buy" rating for the company in a research report on Thursday, February 22nd.

Wheaton Precious Metals Company Profile

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 2017. Wheaton Precious Metals Corp.