Wheaton Precious Metals Announces Quarterly Dividend

Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its second quarterly cash dividend payment for 2024 of US$0.155 per common share. The second quarterly cash dividend for 2024 will be paid to holders of record of Wheaton common shares as of the close of business on May 29, 2024 and will be distributed on or about June 11, 2024 . The ex-dividend trading date is May 29, 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.

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 assessment of the impact of a 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/wheaton-precious-metals-announces-quarterly-dividend-302141793.html

SOURCE Wheaton Precious Metals Corp.

News Provided by PR Newswire via QuoteMedia

The Conversation (0)

Maple Gold Mines: Advancing the Douay Gold Project in Quebec’s Abitibi Greenstone Belt

Maple Gold Mines (TSXV:MGM,OTCQB:MGMLF,FSE:M3G) has launched its campaign on the Investing News Network’s resource channel.

Maple Gold Mines is an advanced gold company developing its flagship Douay gold project located in Quebec’s Abitibi Greenstone Belt. The Douay property hosts an NI 43-101 resource of 422,000 indicated ounces of gold including 8.6 Mt grading 1.52 g/t gold and 2.35 million inferred ounces including 71.2 Mt grading 1.03 g/t gold. The Douay resource is the third-largest undeveloped gold resource in the province of Quebec.

Keep reading...Show less

Porgera Remains On Track Despite Mulitaka Landslide Challenges

All amounts in US dollars

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) Despite the operational challenges presented by the recent Mulitaka landslide, Porgera Gold Mine has met or exceeded its targets since resuming mining in December last year, with gold production for the first half of the year above guidance and all-in sustaining costs trending lower.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Siren Gold (ASX:SNG)

Sams Creek and Reefton Exploration Update

Siren Gold Limited (ASX: SNG) (Siren or the Company) is pleased to provide an update on its Sams Creek and Reefton Projects.

Keep reading...Show less
Astral Resources (ASX:AAR)

Rogan Josh In-fill Completed Ahead of Mineral Resource Estimation

Remaining assay results from RC drilling at Rogan Josh received. Assay results for Kamperman RC drilling pending. Maiden Mineral Resource Estimates for Rogan Josh and Kamperman, and an updated MRE for Think Big, due in September Quarter.

Astral Resources NL (ASX: AAR) (Astral or the Company) is pleased to provide assay results from the remaining 16 holes (940 metres) of a 32-hole RC drilling program undertaken at the Rogan Josh Prospect, part of the Company’s 100%-owned Feysville Gold Project (Feysville), located 14km south of Kalgoorlie in Western Australia (Figure 1).

Keep reading...Show less
Horizon Minerals

Group Mineral Resources Statement

Following the successful completion of the merger between Horizon Minerals Limited (ASX: HRZ) and Greenstone Resources Limited (formerly ASX: GSR), additional resource model work and reviews, the Company is pleased to provide a consolidated statement of group Mineral Resources as of 30 June 2024.

Keep reading...Show less
Quimbaya Gold President and CEO Alexandre Boivin

Quimbaya Gold Set for Drilling at New Segovia Property in Colombia

Quimbaya Gold (CSE:QIM,OTCQB:QIMGF)has begun exploration work and is now gearing up for a 3,000 meter drilling program at its newly acquired property in Segovia, Colombia, according to Alexandre Boivin, the company’s president and CEO.

The 2,000 hectare mining property, prospective for gold and silver, is near Aris Mining’s (TSX:ARIS,NYSEAMERICAN:ARMN) Segovia operations in Antioquia, Colombia. The region is well known for its high-grade gold veins, making the acquisition highly significant for Quimbaya’s growth trajectory.

“The goal in mining and exploration, like a company like Quimbaya, is basically to define resources and reserves. But even better than that, it's to define it close to a big producer because we can see already a proven project,” Boivin said.

Keep reading...Show less
Impact Minerals

June 2024 Quarterly Cashflow Report

Impact Minerals Limited’s (ASX:IPT) has released its Quarterly Cash Flow Report.

Keep reading...Show less

Latest Press Releases

Related News