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Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Wheaton Precious Metals Corp. (WPM) pays a $0.75 annual dividend ($0.20 quarterly), yielding 0.48% at $154.98/share. Next ex-dividend date 2026-08-20. 10 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.48%
Annual Dividend: $0.75 per share
Payout Ratio: 15.6%
Ex-Dividend Date: 2026-08-20
Dividend Frequency: quarterly
Sector: Basic Materials
Years of Dividend History: 16
Wheaton Precious Metals Corp. dividend investors are buying into a precious metals streaming business, not a miner. WPM holds stakes in 23 operating mines and 13 development projects, earning revenue from gold, silver, palladium, and cobalt streams. The current yield is 0.48%, with trailing annual payments of $0.75 per share paid quarterly and the next ex-dividend date set for August 20, 2026. That low yield reflects a growth-oriented payout structure, making WPM stock a better fit for investors who want rising dividends over time than for those chasing current income.
Wheaton Precious Metals Corp. pays out 15.6% of earnings as dividends, a payout ratio classified as conservative (below 40%). That figure leaves substantial room between current earnings and the dividend obligation, which is the primary support for Wheaton Precious Metals Corp. dividend safety at this level. The main pressure point is commodity price exposure: as a streaming company tied to gold, silver, palladium, and cobalt, revenue fluctuates with metal prices, and a sustained downturn in precious metals would compress the earnings base that underpins this low payout ratio.
Wheaton Precious Metals Corp. dividend history shows a CAGR of 9.7% per year from 2011 to 2025. Per-share payments grew from $0.18 to $0.66 over that window (2026 is a partial year and excluded from the CAGR calculation). The largest single-year jump was 94.4% in 2012, though the history also contains at least one year-over-year decline exceeding 5%, so growth has not been linear. Ten consecutive years of increases through 2025 mark the current unbroken streak.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +3.2% | $0.60 (2022) | $0.66 (2025) |
| 5-Year | +9.5% | $0.42 (2020) | $0.66 (2025) |
| 10-Year | +12.7% | $0.20 (2015) | $0.66 (2025) |
WPM stock fits growth-and-income investors who treat the dividend as a rising income stream rather than a high current payout. The yield is low (below 2%), currently at 0.48%, which sits above the 5-year average of 0.39% but still delivers minimal income in absolute terms. What the stock offers instead is a 9.7% annualized growth rate over 14 years and a 15.6% payout ratio that leaves room for further increases. The trade-off is straightforward: an investor accepts a thin yield today in exchange for a dividend that has compounded at nearly double digits annually, backed by a streaming model spanning 23 operating mines.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-20 | $0.1950 |
| 2026-05-27 | $0.1950 |
| 2026-03-31 | $0.1950 |
| 2025-11-20 | $0.1650 |
| 2025-08-21 | $0.1650 |
| 2025-05-28 | $0.1650 |
| 2025-04-01 | $0.1650 |
| 2024-11-21 | $0.1550 |
| 2024-08-21 | $0.1550 |
| 2024-05-29 | $0.1550 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.5850 |
| 2025 | $0.6600 |
| 2024 | $0.6200 |
| 2023 | $0.6000 |
| 2022 | $0.6000 |
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