DIVIDEND DECLARATION Wheaton Precious Metals Announces Increase to Quarterly Dividend
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March 13, 2025
Vancouver, British Columbia
DIVIDEND DECLARATION
Wheaton Precious Metals Announces Increase to Quarterly Dividend
Vancouver, British Columbia – Wheaton Precious Metals™ Corp. (“Wheaton” or the “Company”)
is pleased to announce that its Board of Directors has declared its first quarterly cash dividend
payment for 2025 of US$0.165 per common share, a 6.5% increase from the fourth quarterly cash
dividend payment for 2024 of US$0.155 per common share. The Company declared record
dividends during 2024, totaling US$0.62 per common share.
The first quarterly cash dividend for 202 5 will be paid to holders of record of Wheaton common
shares as of the close of busines s on April 1, 2025 and will be distributed on or about April 11,
2025. The ex-dividend trading date is April 1, 2025.
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 quarterly dividend, the Company has elected to
issue common shares under the DRIP through treasury at the Average Market Price, as defined
in the DRIP, without a discount.
The Company may, from time to time, in its discretion, apply, change or eliminate any discount
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 enrollment forms, including direct deposit, are available for download on the
Company’s website at www.wheatonpm.com, in the ‘investors’ section under the ‘shareholder
information’ and ‘dividends’ tabs.
Registered shareholders may also enroll in the DRIP online through the plan agent’s self -service
web portal at: https://tsxtrust.com/DRIP
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.
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CAUTIONARY NOTE REGARDING FORWARD LOOKING-STATEMENTS
This press release contains “forward-looking statements” within the meaning of the United States
Private Securities Litigation Reform Act of 1995 and “forward -looking information” within the
meaning of applicable Canadian securities legislation concerning the business, operations and
financial performance of Wheaton. Forward -looking statements, which are all statements other
than statements of historical fact, include, but are not limited to, statements with respect to future
dividends. Forward-looking statements are subject to known and unknown risks, uncertainties and
other factors that may cause the actual results, level of activity, performance or achievements of
Wheaton to be materially different from those expressed or implied by such forward -looking
statements including risks discussed in the section entitled “Description of the Business – Risk
Factors” in Wheaton's Annual Information Form available on SEDAR+ at www.sedarplus.ca and
Wheaton's Form 40-F for the year ended December 31, 2023 filed March 28, 2024 on file with the
U.S. Securities and Exchange Commission on EDGAR and the risks identified under "Risks and
Uncertainties" in Wheaton’s Management's Discussion and Analysis for the year ended December
31, 2024, available on SEDAR+ and in Wheaton’s Form 6-K to be filed March 13, 2025. Forward-
looking statements are based on assumptions management currently believes to be reasonable,
including (without limitation) that there will be no material adverse change in the market price of
commodities, that estimati ons of future production from the mining operations and mineral
reserves and resources are accurate, that the mining operations from which Wheaton purchases
precious metals will continue to operate, that each party will satisfy their obligations in accordance
with the precious metals purchase agreements and royalty agreements , and that Wheaton's
application of the CRA Settlement (including the Company's assessment that there will be no
material change in the Company's facts or change in law or jurisprudence for years subsequent
to 2010) and Wheaton’s interpretation of, compliance with, and application of the 15% global
minimum tax, are accurate and that expectations regarding the resolution of legal and tax matters
will be achieved (including CRA audits involving the Company).
For further information, please contact:
Emma Murray
Vice President, Investor Relations
Wheaton Precious Metals Corp.
Tel: 1-844-288-9878
Email: [email protected]