Wheaton Precious Metals Corp Dividends
The next dividend date for Wheaton Precious Metals Corp has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Wheaton Precious Metals Corp (WPM)
More About Wheaton Precious Metals Corp
Wheaton Precious Metals Corp. sells precious metals in North America, Europe, Africa, and South America. The company primarily produces and sells gold, silver, palladium, Platinum, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.
Owning Wheaton Precious Metals Corp Stock on the Dividend Date
If you own Wheaton Precious Metals Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Wheaton Precious Metals Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Wheaton Precious Metals Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Wheaton Precious Metals Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Wheaton Precious Metals Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Wheaton Precious Metals Corp Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Wheaton Precious Metals Corp stock price from the dividend is already baked into Wheaton Precious Metals Corp option prices.
That means the prices of call options that overlap the Wheaton Precious Metals Corp ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Wheaton Precious Metals Corp ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Wheaton Precious Metals Corp call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Wheaton Precious Metals Corp put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Wheaton Precious Metals Corp Dividends
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