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Wheaton Precious Metals Corp. 6-K Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Wheaton Precious Metals Corp

Filing date:

03/14/2025

TLDR:

Wheaton Precious Metals Corp. announces a 6.5% increase to its quarterly dividend, setting it at US$0.165 per common share for the first quarter of 2025.

ELI5:

Wheaton, a company that deals in precious metals, is giving its investors a bit more money each quarter as a dividend. It’s like getting a small bonus for owning a piece of the company.

Accession #:

0001279569-25-000262

Published on

Analyst Summary

  • Wheaton Precious Metals Corp. declared its first quarterly cash dividend for 2025 at US$0.165 per common share, a 6.5% increase from the previous quarter.
  • Record dividends were declared during 2024, totaling US$0.62 per common share.
  • The dividend is payable on April 11, 2025, to holders of record on April 1, 2025; the ex-dividend date is also April 1, 2025.
  • The company has a Dividend Reinvestment Plan (DRIP) where common shares will be issued from treasury at the Average Market Price without a discount for this quarterly dividend.
  • The Board of Directors retains discretion over future dividend declarations, timing, amount, and payment.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️