SmarterDividends
WPM

Wheaton Precious Metals (WPM) Dividend

Wheaton Precious Metals Corp. · Basic Materials · Gold · quarterly payer

$131.86

Fairly valued · -11% Add to Portfolio

As of Nov 5, 2026, Wheaton Precious Metals (WPM) pays a quarterly dividend of $0.1950 per share, or $0.78 a year, a 0.59% yield at its $131.86 share price. It pays every quarter, usually in April, June and September. It has raised its dividend 2 years in a row and has a dividend safety grade of B.

Forward Yield

0.59%

Annual Dividend

$0.78

Payout Ratio

16%

5-Yr Growth

9.5%

Ex-Date

Aug 20, 2026

Frequency

Quarterly

Key facts about WPM's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Wheaton Precious Metals Corp. (WPM) has a forward dividend yield of 0.59%, based on an annual dividend of $0.78 per share and a share price of $131.86.
  • As of Nov 5, 2026, WPM's dividend safety grade from SmarterDividends is B (67 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Wheaton Precious Metals Corp. (WPM) has raised its dividend for 2 consecutive years as of Nov 5, 2026.
  • WPM last cut its regular dividend in 2015.
  • WPM's most recent ex-dividend date was Aug 20, 2026, for a dividend of $0.20 per share.
  • As of Nov 5, 2026, WPM pays out 16% of its trailing 12-month earnings as dividends (its payout ratio).
  • WPM's dividend has grown at an average rate of 9.5% a year over the past five years.
  • As of Nov 5, 2026, WPM's 0.59% yield is 49% below its five-year average yield of 1.15%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for WPM is $117.82 per share, 11% below the $131.86 share price, so WPM screens as fairly valued.
  • Wheaton Precious Metals Corp. (WPM) pays its dividend quarterly, 4 times a year.
  • Wheaton Precious Metals Corp. (WPM) has raised its regular dividend 13 times and cut it 3 times across the 62 payments on record since 2011. Its most recent change was a 18.2% increase to $0.195 per share, going ex-dividend on Mar 31, 2026. The last cut went ex-dividend on Mar 27, 2015.
  • Wheaton Precious Metals (WPM) has declared its first higher dividend of the year in March in 3 of the last 5 years; its most recent raise, 18.2%, was declared on Mar 12, 2026.
Cite this page

SmarterDividends, "WPM Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/WPM

Is WPM a good dividend stock?

Yes, with caveats

Wheaton Precious Metals Corp. (WPM) pays a quarterly dividend yielding 0.59% ($0.78/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (16%)
  • Strong 9.5% 5-yr dividend growth
  • 179% total price return over 5 years

Risks

  • Cut its dividend in 2015

Key Data

Dividend Yield
0.59%
Payout Ratio
16%
Annual Dividend
$0.78
5-Yr Avg Growth
9.5%
Ex-Dividend Date
Aug 20, 2026
Years of Growth
2
Frequency
quarterly
Beta
1.28
Market Cap
$59.9B
P/E Ratio
29.2
5-Yr Total Return
179%
52-Week Range
$94.28 – $165.76
Dividend Safety
B · 67/100
Ever Cut?
Yes (2015)

WPM dividend raises and cuts

Wheaton Precious Metals Corp. (WPM) has raised its regular dividend 13 times and cut it 3 times across the 62 payments on record since 2011. Its most recent change was a 18.2% increase to $0.195 per share, going ex-dividend on Mar 31, 2026. The last cut went ex-dividend on Mar 27, 2015.

Ex-dateChangeOld → newMove
Mar 31, 2026Raise$0.165 → $0.195+18.2%
Apr 1, 2025Raise$0.155 → $0.165+6.5%
Apr 2, 2024Raise$0.150 → $0.155+3.3%
Aug 26, 2021Raise$0.140 → $0.150+7.1%
May 20, 2021Raise$0.130 → $0.140+7.7%
Mar 25, 2021Raise$0.120 → $0.130+8.3%
Nov 24, 2020Raise$0.100 → $0.120+20.0%
Mar 25, 2020Raise$0.0900 → $0.100+11.1%
Nov 24, 2017Raise$0.0700 → $0.0900+28.6%
Apr 3, 2017Raise$0.0600 → $0.0700+16.7%
Nov 21, 2016Raise$0.0500 → $0.0600+20.0%
Mar 27, 2015Cut$0.0600 → $0.0500−16.7%
Show all 16 changes since 2011
Ex-dateChangeOld → newMove
Aug 25, 2014Cut$0.0700 → $0.0600−14.3%
Nov 19, 2012Cut$0.100 → $0.0700−30.0%
Aug 28, 2012Raise$0.0900 → $0.100+11.1%
Nov 21, 2011Raise$0.0300 → $0.0900+200.0%
Every WPM payment →Download every raise and cut (CSV)
WPM ex-dividend date & scheduleNext ex-date Aug 20, 2026 · full ex-dividend historyView →WPM dividend historyEvery payment, totals by year, raises and cutsView →WPM dividend calculator100 shares pay $78.00 a year, $19.50 each quarterCalculate →WPM total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is WPM a good dividend stock?

Yes, with caveats. Wheaton Precious Metals Corp. (WPM) pays a quarterly dividend yielding 0.59% ($0.78/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is WPM undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WPM's fair value is about $117.82 versus a $131.86 share price — so it looks fairly valued (-11% vs. fair value).

Is WPM's dividend safe?

WPM has a dividend-safety grade of B (67/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2015, debt and yield-versus-history.

What is WPM's fair value?

Our blended fair-value estimate for WPM is about $117.82 per share, about 11% below the current $131.86 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is WPM a buy, hold, or sell?

We don't issue formal ratings, but on the data WPM screens as "yes, with caveats" and fairly valued. Wheaton Precious Metals Corp. (WPM) pays a quarterly dividend yielding 0.59% ($0.78/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will WPM cut its dividend?

WPM earns a dividend-safety grade of B (67/100), and has cut its dividend before (last in 2015). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does WPM pay a dividend?

Yes. Wheaton Precious Metals Corp. pays a quarterly dividend of about $0.78 per share annually, a forward yield of roughly 0.59%.

How much dividend does 100 shares of WPM pay?

At $0.78 per share a year, 100 shares of WPM pay $78.00 a year in dividends before tax, about $19.50 each quarter. Buying them costs about $13,186 at the Nov 5, 2026 price.

What is WPM's dividend yield?

As of Nov 5, 2026, WPM's forward dividend yield is 0.59%, based on a $0.78 annual dividend and a $131.86 share price.

What is WPM's dividend per share?

As of Nov 5, 2026, WPM pays $0.78 per share per year, distributed on a quarterly basis.

What is WPM's dividend payout ratio?

As of Nov 5, 2026, WPM's payout ratio is 16% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has WPM grown its dividend?

As of Nov 5, 2026, WPM has increased its dividend for 2 consecutive years.

When is the next WPM ex-dividend date?

As of Nov 5, 2026, WPM's next ex-dividend date hasn't been announced. The most recent was Aug 20, 2026, for $0.20 per share.

Income Calculator

At $0.78 / yr per share

Per payment (quarterly)$19.50
Annual$78.00
Monthly avg$6.50
Full WPM dividend calculator →

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