Silver Wheaton Declares Second Quarterly Dividend Payment FOR 2017
FOR IMMEDIATE RELEASE TSX:SLW
May 9, 2017 NYSE:SLW
SILVER WHEATON DECLARES
SECOND QUARTERLY DIVIDEND PAYMENT FOR 2017
Vancouver, British Columbia – Silver Wheaton Corp. (“Silver Wheaton” or the
“Company”) (TSX:SLW) (NYSE:SLW) is pleased to announce that its Board of Directors
has declared its second quarterly cash dividend payment for 2017 of US$0.0 7 per
common share.
Second Quarterly Dividend
The second quarterly cash dividend of US$0.07 will be paid to holders of record of
Silver Wheaton common shares as of the close of business on May 25, 2017, and will
be distributed on or about June 6, 2017.
Under the Company’s dividend policy, the quarterly dividend per common share will be
equal to 20% of the average cash generated by operating ac tivities in the previous four
quarters divided by the Company’s then outstanding common shares, all rounded to the
nearest cent.
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 first quarterly dividend, the
Company has elected to issue common shares under the DRIP through treasury at a
3% discount to the Average Market Price, as defined in the DRIP. However, the
Company may, from time to time, in its discretion, change or eliminate the d iscount
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 enr ollment forms are available for download on the Company’s website
at www.silverwheaton.com, accessible by quick links directly from the home page, and
can also be found 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:
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https://www.canstockta.com/en/InvestorServices/Investor_Information/Issuer_List/Issue
rDetail.jsp?companyCode=1501.
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.
For further information, please contact:
Patrick Drouin
Senior Vice President, Investor Relations
Silver Wheaton Corp.
Tel: 1-844-288-9878
Email: [email protected]
Website: www.silverwheaton.com