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Wheaton Precious Metals (WPM) Boosts Dividend by 18.2%
Wheaton Precious Metals (WPM) has increased its quarterly dividend by 18.2% to $0.195 per share, payable on April 10 to shareholders of record by March 31. The company also reported strong financial results, with non-GAAP EPS of $1.22 and revenue of $864.71 million, both exceeding expectations. Despite strong financial health and a debt-free balance sheet, valuation metrics suggest the stock may be overvalued compared to historical norms, though analyst sentiment remains positive.