Wheaton Precious Metals Details Quarterly Dividend Announcement
Wheaton Precious Metals Declares Quarterly Dividend for 2025
Wheaton Precious Metals™ Corp. is excited to share that its Board of Directors has approved the third quarterly cash dividend for the year 2025. This remarkable dividend is set at US$0.165 per common share, showcasing a 6.5% increase compared to the same period in 2024.
Details of the Dividend Payment
This quarterly dividend will be paid to all shareholders on record by the close of business on August 21, 2025, with disbursement anticipated to occur around September 4, 2025. For those invested in the company, it's vital to note that August 21 also marks the ex-dividend trading date.
Discretionary Nature of Future Dividends
It's essential to understand that future dividend declarations, including their timing and amounts, lie solely at the discretion of the Board of Directors. This dividend qualifies for classification as an 'eligible dividend' under Canadian income tax guidelines.
Introduction of the Dividend Reinvestment Plan (DRIP)
Wheaton has implemented a Dividend Reinvestment Plan (DRIP) to enhance shareholder engagement. Participation in this plan is completely voluntary, providing an excellent opportunity for holders of common shares. For this specific quarter, shares under the DRIP will be issued at the Average Market Price without any discount.
Conditions Surrounding the DRIP
The company may adjust any applicable discount regarding Treasury Acquisitions as outlined in the DRIP at its discretion. It also retains the right to purchase common shares in the market at prevailing rates, and any such changes will be announced publicly to keep investors informed.
DRIP Enrollment Options for Shareholders
Shareholders interested in the DRIP have various options for enrollment. Forms are readily available on the company’s official website, under the 'Investors' section. Registered shareholders can sign up through the plan agent's user-friendly online portal, while beneficial shareholders should coordinate with their financial intermediaries for enrollment.
Understanding the DRIP Enrollment Process
For those considering enrollment in the DRIP, it’s highly recommended to thoroughly read the plan's terms. Consulting with financial advisors can provide clarity regarding the implications of participation.
Legal Notice and Additional Information
It is crucial to note that this announcement is not an offer for stock sales or any solicitation for investment. The company has filed a registration statement regarding the DRIP with the U.S. Securities and Exchange Commission. This document is available under Wheaton’s profile on the Commission’s website.
Company Contact Information
For more details, contact Wheaton Precious Metals Corp. directly. Shareholders can reach the Corporate Secretary at 1021 West Hastings Street, Suite 3500, Vancouver, British Columbia, Canada V6E 0C3.
Frequently Asked Questions
What is the amount of the declared dividend?
The declared dividend is US$0.165 per common share for the third quarter of 2025.
When will the dividends be paid?
Dividends are set to be paid on or about September 4, 2025, to shareholders recorded as of August 21, 2025.
Is participating in the DRIP mandatory?
No, participation in the Dividend Reinvestment Plan is entirely optional for shareholders.
How can shareholders enroll in the DRIP?
Shareholders can enroll online through the company’s website or through their financial intermediaries.
What should shareholders consider before enrolling in the DRIP?
Shareholders are encouraged to review the DRIP terms and consult with financial advisors regarding the implications of participation.
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