Wheaton Precious Metals Corp. (WPM) Dividend History
Income profile from 2011 to 2026 with payout safety and yield-on-cost trend
WPM Dividend Income Check
Safety
20.1% payout ratio with sustainable safety profile.
Consistency
6 straight years of dividend increases.
Income Trend
Yield on cost is 1.5% and trend is rising.
WPM Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
WPM Income Growth Story
Dividend per share and yield on cost over time (16 years of payments)
WPM Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Wheaton Precious Metals Corp. distributes 20.1% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 53.3%, rated "Adequate".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
WPM has raised its dividend for 6 consecutive years, with a 3-year CAGR of 3.2% and 5-year CAGR of 9.5%.
Total Shareholder Returns
Beyond cash dividends, WPM returns capital through share repurchases. The combined picture: 0.5% dividend yield, 0.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.5% and is currently rising. The 5-year total return is 203.0%, with dividends contributing 7.4% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $68,553 today.
WPM Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 31, 2026Latest | $0.1950 | ↑ +18.2% | 52.67% | Apr 10, 2026 |
| Nov 20, 2025 | $0.1650 | — | 66.25% | Dec 4, 2025 |
| Aug 21, 2025 | $0.1650 | — | 68.89% | Sep 4, 2025 |
| May 28, 2025 | $0.1650 | — | 74.27% | Jun 10, 2025 |
| Apr 1, 2025 | $0.1650 | ↑ +6.5% | 82.00% | Apr 11, 2025 |
| Nov 21, 2024 | $0.1550 | — | 97.67% | Dec 6, 2024 |
| Aug 21, 2024 | $0.1550 | — | 99.37% | Sep 4, 2024 |
| May 29, 2024 | $0.1550 | — | 1.09% | Jun 11, 2024 |
WPM Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $56.9B | 0.5% | 20.1% | 6 | Sustainable | |
| $19.1B | 0.8% | 25.4% | 24 | Sustainable | |
| $43.4B | 0.6% | 24.7% | 11 | Sustainable | |
| $6.8B | 0.5% | 16.9% | 2 | Sustainable | |
2nd | $120.8B | 0.9% | 15.6% | 1 | Sustainable |
3rd | $89.2B | 0.8% | 16.3% | 2 | Sustainable |
| $34.5B | 0.4% | 6.4% | 2 | Sustainable | |
| $11.4B | 0.1% | 3.1% | 0 | Sustainable | |
1st | $21.3B | 0.9% | 17.9% | 2 | Sustainable |
WPM Annual Dividend History (1998–2026)
27 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.20 | — | 1 | — | — | — | 0.4% |
| 2025 | $0.66 | 6.5% | 4 | $3.29 | 20.1% | 4.98x | 1.5% |
| 2024 | $0.62 | 3.3% | 4 | $1.17 | 53.0% | 1.89x | 1.4% |
| 2023 | $0.60 | 0.0% | 4 | $1.19 | 50.4% | 1.98x | 1.3% |
| 2022 | $0.60 | 5.3% | 4 | $1.42 | 42.3% | 2.37x | 1.3% |
| 2021 | $0.57 | 35.7% | 4 | $1.66 | 34.3% | 2.91x | 1.3% |
| 2020 | $0.42 | 16.7% | 4 | $1.19 | 35.3% | 2.83x | 0.9% |
| 2019 | $0.36 | 0.0% | 4 | $0.20 | 180.0% | 0.56x | 0.8% |
| 2018 | $0.36 | 9.1% | 4 | $0.96 | 37.5% | 2.67x | 0.8% |
| 2017 | $0.33 | 57.1% | 4 | $0.13 | 253.8% | 0.39x | 0.7% |
Full WPM Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See WPM's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonWPM — Frequently Asked Questions
Quick answers to the most common questions about buying WPM stock.
How much dividend does WPM pay per share?
Wheaton Precious Metals Corp. (WPM) pays a trailing 12-month dividend of $0.66 per share, with a current dividend yield of +0.5%. Payments are made Annual.
When is WPM's next ex-dividend date?
WPM's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. WPM typically pays dividends Annual.
Is WPM's dividend safe?
WPM's dividend safety is rated "Sustainable" based on an earnings payout ratio of +20.1% and FCF payout ratio of +53.3%. The 6-year growth streak provides moderate confidence.
Is WPM a Dividend Payer?
Yes, Wheaton Precious Metals Corp. is classified as a Dividend Payer with 6 consecutive years of dividend increases. The 5-year dividend CAGR is +9.5%, demonstrating above-inflation dividend growth.
How often does WPM pay dividends?
Wheaton Precious Metals Corp. pays dividends Annual. The trailing 12-month total is $0.66 per share. Dividend data on this page covers 15+ years from 2011 to 2026.
How much would $10,000 invested in WPM grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in WPM five years ago would be worth approximately $30,301 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is WPM's yield on cost for long-term holders?
WPM's yield on cost — the current dividend divided by the original purchase price — is +1.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.5% market yield, thanks to consistent dividend growth.