WPM Stock — Wheaton Precious Metals Corp.

Wheaton Precious Metals Corp. (WPM)

Updated October 16, 2026.

WPM is a Stock. its distribution rate is 0.58%, its trailing-12-month yield is 0.56%. Dividend Vision Distribution Safety Score™ is 88/100 (Safe). Total return is 5124.7% over the past 21.3 years, 4283.1 points ahead of SPY at 841.6%.

Wheaton Precious Metals Corp. is a precious metals streaming company that provides upfront financing to mining operations in exchange for the right to purchase fixed percentages of their future gold, silver, palladium, and cobalt production at predetermined prices, with operations and streaming agreements across North and South America, Europe, and Africa. The company distributes quarterly with a modest current distribution rate. This business model appeals to income investors seeking exposure to precious metals without the operational risks of mining companies themselves.

WPM performance versus SPY

Price and return data through 2026-10-16.

Total return is 5124.7% over the past 21.3 years, 4283.1 points ahead of SPY at 841.6%. Over the past year its total return — price change plus distributions reinvested — is 18.9%. Its deepest 1-year drawdown was 37.4%.

WPM key facts

Distribution Safety Score™

88 · Safe

Safety-Adjusted Yield

0.51%

Asset type

Stock

Asset class

Equity

Inception date

07/06/2005

Distribution rate

0.58%

Distribution frequency

Quarterly

Trailing yield

0.56%

5-year average yield

0.93

Last close

$134.18 (as of 2026-10-16)

Market cap

$60,939,184,506

Average volume

1268610.0

Dividend

$0.195

Ex-dividend date

08/20/2026

Payment date

09/03/2026

Beta

1.243

Payout ratio

17.4%

P/E ratio

31.28

Forward P/E

26.1097

EPS

$4.29

How Dividend Vision calculates yield and returns

Distribution rate (0.58%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.56%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

WPM risks and drawbacks

WPM's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 37.4%.

Who may consider WPM — and who may not

WPM may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (WPM pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on WPM

• ETFs holding WPM
• All tickers starting with W

Tagged: Dividend, Gold, Materials, Metals, Silver.

Frequently asked questions