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Wheaton Precious Metals Lifts Quarterly Dividend and Confirms DRIP Terms

Tipranks - Fri Mar 13, 4:50PM CDT

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An update from Wheaton Precious Metals ( (TSE:WPM) ) is now available.

Wheaton Precious Metals has increased its first quarterly cash dividend for 2026 to US$0.195 per common share, representing an 18% rise from the previous quarter’s US$0.165 and following record total dividends of US$0.66 per share in 2025. The dividend will be paid on or about April 10, 2026, to shareholders of record as of March 31, 2026, while future payouts remain at the board’s discretion and qualify as eligible dividends for Canadian tax purposes.

The company confirmed that its optional Dividend Reinvestment Plan remains in place, with shares for this quarter’s DRIP to be issued from treasury at average market price with no discount. Management retains flexibility to alter DRIP terms, including potential discounts or market purchases in future periods, underscoring an active capital-return strategy that may appeal to income-focused investors seeking exposure to precious metals.

The most recent analyst rating on (TSE:WPM) stock is a Buy with a C$175.00 price target. To see the full list of analyst forecasts on Wheaton Precious Metals stock, see the TSE:WPM Stock Forecast page.

Spark’s Take on TSE:WPM Stock

According to Spark, TipRanks’ AI Analyst, TSE:WPM is a Outperform.

Score is driven primarily by strong financial performance (high margins and extremely low leverage) and a constructive earnings update with robust production/financial momentum and strong liquidity. Technicals are supportive but overbought signals add near-term risk, while valuation is the largest headwind due to a high P/E and low dividend yield.

To see Spark’s full report on TSE:WPM stock, click here.

More about Wheaton Precious Metals

Wheaton Precious Metals Corp. is a Vancouver-based precious metals streaming company that provides upfront financing to mining operators in exchange for the right to purchase silver and gold production at predetermined prices. The company focuses on long-life, low-cost assets globally, offering investors leveraged exposure to precious metals prices without direct operating risk.

Average Trading Volume: 829,987

Technical Sentiment Signal: Buy

Current Market Cap: C$91.74B

See more data about WPM stock on TipRanks’ Stock Analysis page.

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