Wheaton Precious Metals Corp. (TSE:WPM – Get Free Report) announced a quarterly dividend on Wednesday, August 7th, Zacks reports. Investors of record on Wednesday, August 21st will be given a dividend of 0.214 per share on Wednesday, September 4th. This represents a $0.86 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend is Wednesday, August 21st.
Wheaton Precious Metals Stock Performance
Shares of Wheaton Precious Metals stock opened at C$74.65 on Friday. The stock has a market cap of C$33.84 billion, a P/E ratio of 42.18 and a beta of 0.63. Wheaton Precious Metals has a one year low of C$52.15 and a one year high of C$86.22. The stock’s fifty day moving average price is C$76.71.
Wheaton Precious Metals (TSE:WPM – Get Free Report) last announced its quarterly earnings data on Thursday, May 9th. The company reported C$0.49 EPS for the quarter, topping analysts’ consensus estimates of C$0.40 by C$0.09. The company had revenue of C$400.14 million during the quarter, compared to the consensus estimate of C$391.32 million. Wheaton Precious Metals had a net margin of 53.74% and a return on equity of 8.50%. As a group, equities analysts anticipate that Wheaton Precious Metals will post 1.8465017 EPS for the current year.
Insider Activity
Analysts Set New Price Targets
A number of equities analysts have commented on the stock. Veritas Investment Research upped their price objective on shares of Wheaton Precious Metals from C$67.00 to C$84.00 in a research report on Friday, April 12th. Canaccord Genuity Group increased their price target on shares of Wheaton Precious Metals from C$90.00 to C$100.00 in a report on Tuesday, July 23rd. Peel Hunt increased their price target on shares of Wheaton Precious Metals from C$74.00 to C$82.00 in a report on Tuesday, April 30th. Stifel Nicolaus increased their price target on shares of Wheaton Precious Metals from C$72.00 to C$80.00 and gave the company a “buy” rating in a report on Friday, April 19th. Finally, Eight Capital increased their price target on shares of Wheaton Precious Metals from C$85.00 to C$95.00 in a report on Thursday, July 11th.
Check Out Our Latest Analysis on WPM
About Wheaton Precious Metals
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.
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