Wheaton Precious Metals Corp. (NYSE: WPM) (TSX: WPM) announced that its board of directors has declared a third-quarter 2026 cash dividend of $0.195 per common share, an 18% increase from the third-quarter 2025 dividend. The dividend will be paid on or about Sept. 3, 2026, to shareholders of record as of Aug. 20, 2026, which is also the ex-dividend date. The company also said participants in its optional Dividend Reinvestment Plan (“DRIP”) will receive newly issued common shares from treasury at the average market price, without a discount, for this dividend.
This dividend increase reflects Wheaton's robust financial performance and its commitment to returning capital to shareholders. As the world's premier precious metals streaming company, Wheaton boasts a high-quality portfolio of long-life, low-cost assets. Its business model provides investors with leverage to commodity prices and exploration upside while maintaining a lower risk profile than traditional mining companies. The company delivers among the highest cash operating margins in the mining industry, enabling it to pay a competitive dividend and continue to grow through accretive acquisitions.
The announcement underscores Wheaton's confidence in its cash flow generation and its ability to sustain and grow shareholder distributions. This move is likely to be well-received by investors seeking income and stability in the precious metals sector. The increase also signals management's positive outlook on the company's future earnings and the long-term strength of the streaming business model.
Wheaton is committed to strong ESG practices and giving back to the communities where it and its mining partners operate. The company creates sustainable value through streaming, and its dividend policy is a key component of its value proposition. With this 18% increase, Wheaton continues to differentiate itself as a shareholder-friendly company in the mining industry.
For more information on this announcement, visit the full press release. The latest news and updates relating to WPM are available in the company's newsroom at Wheaton Precious Metals Newsroom.
