STOCK TITAN

DIVIDEND DECLARATION - Wheaton Precious Metals Announces Quarterly Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Wheaton Precious Metals has declared its fourth quarterly cash dividend for 2024 of US$0.155 per common share. The dividend will be paid to shareholders of record as of November 21, 2024, with distribution scheduled for December 6, 2024. The company offers a Dividend Reinvestment Plan (DRIP), allowing shareholders to reinvest their dividends in common shares issued through treasury at the Average Market Price without a discount. Participation in the DRIP is optional, and both registered and beneficial shareholders can enroll through various channels.

Wheaton Precious Metals ha dichiarato il suo quarto dividendo in contante per il 2024 di US$0.155 per azione ordinaria. Il dividendo sarà pagato agli azionisti registrati al 21 novembre 2024, con distribuzione fissata per il 6 dicembre 2024. L'azienda offre un Piano di Reinserimento dei Dividendi (DRIP), che consente agli azionisti di reinvestire i propri dividendi in azioni ordinarie emesse tramite tesoreria al Prezzo di Mercato Medio senza alcuno sconto. La partecipazione al DRIP è facoltativa e sia gli azionisti registrati che quelli beneficiari possono iscriversi attraverso vari canali.

Wheaton Precious Metals ha declarado su cuarto dividendo en efectivo para 2024 de US$0.155 por acción común. El dividendo se pagará a los accionistas registrados a partir del 21 de noviembre de 2024, con distribución programada para el 6 de diciembre de 2024. La empresa ofrece un Plan de Reinversión de Dividendos (DRIP), que permite a los accionistas reinvertir sus dividendos en acciones comunes emitidas a través de la tesorería al Precio de Mercado Promedio sin descuento. La participación en el DRIP es opcional y tanto los accionistas registrados como los beneficiarios pueden inscribirse a través de varios canales.

Wheaton Precious Metals는 2024년 네 번째 분기 현금 배당금으로 주당 US$0.155를 선언했습니다. 배당금은 2024년 11월 21일 기준 주주에게 지급되며, 배당금 분배는 2024년 12월 6일로 예정되어 있습니다. 이 회사는 배당금 재투자 계획 (DRIP)을 제공하며, 주주는 평균 시장 가격으로 할인 없이 재무부를 통해 발행된 보통주에 배당금을 재투자할 수 있습니다. DRIP 참여는 선택 사항이며 등록된 주주와 수혜 주주 모두 다양한 채널을 통해 등록할 수 있습니다.

Wheaton Precious Metals a annoncé son quatrième dividende en espèces pour 2024 s'élevant à 0,155 $ US par action ordinaire. Le dividende sera versé aux actionnaires inscrits au 21 novembre 2024, avec une distribution prévue pour le 6 décembre 2024. L'entreprise propose un Plan de Réinvestissement des Dividendes (DRIP), permettant aux actionnaires de réinvestir leurs dividendes dans des actions ordinaires émises par le biais de la trésorerie au Prix du Marché Moyen sans réduction. La participation au DRIP est facultative et tant les actionnaires enregistrés que les actionnaires bénéficiaires peuvent s'inscrire par divers canaux.

Wheaton Precious Metals hat seine vierte vierteljährliche Bardividende für 2024 in Höhe von US$0.155 pro Stammaktie erklärt. Die Dividende wird am 21. November 2024 an die Aktionäre gezahlt, die zu diesem Zeitpunkt im Aktienregister stehen, und die Auszahlung ist für den 6. Dezember 2024 geplant. Das Unternehmen bietet einen Dividenden-Reinvestitionsplan (DRIP) an, der es den Aktionären ermöglicht, ihre Dividenden ohne Rabatt zu einem Durchschnittspreis in neue Stammaktien, die über die Treuhandgesellschaft ausgegeben werden, zu reinvestieren. Die Teilnahme am DRIP ist freiwillig, und sowohl registrierte als auch begünstigte Aktionäre können sich über verschiedene Kanäle anmelden.

Positive
  • Consistent quarterly dividend payment maintained at US$0.155 per share
  • Company offers flexible DRIP program for shareholders
Negative
  • None.

VANCOUVER, BC, Nov. 7, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its fourth quarterly cash dividend payment for 2024 of US$0.155 per common share. The fourth quarterly cash dividend for 2024 will be paid to holders of record of Wheaton common shares as of the close of business on November 21, 2024, and will be distributed on or about December 6, 2024. The ex-dividend trading date is November 21, 2024.

The declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes.

Dividend Reinvestment Plan
The Company has previously implemented a Dividend Reinvestment Plan ("DRIP"). Participation in the DRIP is optional. For the purposes of this quarterly dividend, the Company has elected to issue common shares under the DRIP through treasury at the Average Market Price, as defined in the DRIP, without a discount.

The Company may, from time to time, in its discretion, apply, change or eliminate any discount applicable to Treasury Acquisitions, as defined in the DRIP, or direct that such common shares be purchased in Market Acquisitions, as defined in the DRIP, at the prevailing market price, any of which would be publicly announced.

The DRIP and enrollment forms, including direct deposit, are available for download on the Company's website at www.wheatonpm.com, in the 'investors' section under the 'dividends' tab.

Registered shareholders may also enroll in the DRIP online through the plan agent's self-service web portal at: https://tsxtrust.com/DRIP

Beneficial shareholders should contact their financial intermediary to arrange enrollment. All shareholders considering enrollment in the DRIP should carefully review the terms of the DRIP and consult with their advisors as to the implications of enrollment in the DRIP.

This press release is not an offer to sell or a solicitation of an offer of securities. A registration statement relating to the DRIP has been filed with the U.S. Securities and Exchange Commission and may be obtained under the Company's profile on the U.S. Securities and Exchange Commission's website at http://www.sec.gov. A written copy of the prospectus included in the registration statement may be obtained by contacting the Corporate Secretary of the Company at 1021 West Hastings Street, Suite 3500, Vancouver, British Columbia, Canada V6E 0C3.

CAUTIONARY NOTE REGARDING FORWARD LOOKING-STATEMENTS
This press release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation concerning the business, operations and financial performance of Wheaton. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to, statements with respect to future dividends. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Wheaton to be materially different from those expressed or implied by such forward-looking statements including risks discussed in the section entitled "Description of the Business – Risk Factors" in Wheaton's Annual Information Form available on SEDAR+ at www.sedarplus.ca and Wheaton's Form 40-F for the year ended December 31, 2023 filed March 28, 2024 on file with the U.S. Securities and Exchange Commission on EDGAR and the risks identified under "Risks and Uncertainties" in Wheaton's Management's Discussion and Analysis for the year ended December 31, 2023, available on SEDAR+ and in Wheaton's Form 6-K filed March 19, 2024. Forward-looking statements are based on assumptions management currently believes to be reasonable, including (without limitation) that there will be no material adverse change in the market price of commodities, that estimations of future production from the mining operations and mineral reserves and resources are accurate, that the mining operations from which Wheaton purchases precious metals will continue to operate, that each party will satisfy their obligations in accordance with the precious metals purchase agreements and royalty agreements, and that Wheaton's application of the CRA Settlement (including the Company's assessment that there will be no material change in the Company's facts or change in law or jurisprudence for years subsequent to 2010) and Wheaton's interpretation of, compliance with, and application of the 15% global minimum tax, are accurate and that expectations regarding the resolution of legal and tax matters will be achieved (including CRA audits involving the Company).

Cision View original content:https://www.prnewswire.com/news-releases/dividend-declaration---wheaton-precious-metals-announces-quarterly-dividend-302299378.html

SOURCE Wheaton Precious Metals Corp.

FAQ

When will Wheaton Precious Metals (WPM) pay its Q4 2024 dividend?

Wheaton Precious Metals will pay its Q4 2024 dividend on or about December 6, 2024, to shareholders of record as of November 21, 2024.

How much is Wheaton Precious Metals' (WPM) Q4 2024 dividend?

Wheaton Precious Metals declared a quarterly dividend of US$0.155 per common share for Q4 2024.

What is the ex-dividend date for Wheaton Precious Metals' (WPM) Q4 2024 dividend?

The ex-dividend trading date is November 21, 2024.

Does Wheaton Precious Metals (WPM) offer a Dividend Reinvestment Plan?

Yes, Wheaton Precious Metals offers an optional Dividend Reinvestment Plan (DRIP) that allows shareholders to reinvest their dividends in common shares at the Average Market Price.

Wheaton Precious Metals Corp.

NYSE:WPM

WPM Rankings

WPM Latest News

WPM Stock Data

28.56B
452.99M
0.13%
70.03%
1.82%
Gold
Basic Materials
Link
United States of America
Vancouver