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Data last updated: Oct 19, 2026
Snapshot (as of Oct 19, 2026): Wheaton Precious Metals Corp. (WPM) pays a $0.72 annual dividend ($0.20 quarterly), yielding 0.58% at $134.18/share. Next ex-dividend date 2026-08-20. 10 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.58%
Annual Dividend: $0.72 per share
Payout Ratio: 16.0%
Ex-Dividend Date: 2026-08-20
Dividend Frequency: quarterly
Sector: Basic Materials
Years of Dividend History: 16
Wheaton Precious Metals Corp. operates as a precious metal streaming company, financing mines in exchange for the right to purchase gold, silver, palladium, and other metals at predetermined prices across operations in Canada, Mexico, Brazil, Chile, and beyond. The Wheaton Precious Metals Corp. dividend currently yields 0.56%, with trailing twelve-month payments of $0.72 per share paid quarterly. The next ex-dividend date is August 20, 2026, with the most recent payment of $0.195 per share. WPM stock carries a beta of 1.243, meaning price swings run higher than the broader market, making it a better fit for growth-oriented investors than those seeking steady income.
Wheaton Precious Metals Corp. pays out 16.0% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to absorb earnings pressure without threatening the dividend, a meaningful buffer given that WPM's revenue depends on precious metal prices, which can be volatile. Wheaton Precious Metals Corp. dividend safety is further supported by the streaming model itself: the company locks in purchase prices upfront, which limits direct exposure to mining cost inflation. The most significant data-supported risk is commodity price sensitivity, since a sustained drop in gold or silver prices flows directly into earnings and narrows that coverage cushion.
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 (with 2026 partial at $0.585 year-to-date). The largest single-year jump was 94.4% in 2012, though the data also contains at least one year-over-year decline exceeding 5%, so growth has not been linear. Ten consecutive years of dividend increases is the current streak, which is the more relevant figure for income investors tracking dividend growth discipline.
| 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 fits growth-and-income investors who prioritize dividend growth over current yield. At 0.56%, the yield is low (below 2%) and sits well below WPM's own 5-year average of 0.93%, meaning buyers today are paying a premium relative to recent history and accepting a thinner income stream upfront. The trade-off is a 9.7% annualized growth rate over 14 years and a 16% payout ratio that leaves the dividend with substantial room to keep growing. Wheaton Precious Metals Corp. stock is not an income stock in the traditional sense. It is a dividend-growth story tied to precious metals streaming, where the current yield is low but the reinvestment of a rising payment over time is the actual proposition.
| 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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