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/C O R R E C T I O N from Source -- Wheaton Precious Metals Corp./
/C O R R E C T I O N from Source -- Wheaton Precious Metals Corp./ Canada NewsW...
About this update from Wheaton Precious Metals Corp
[{"type":"text","content":"\n \n \n \n /C O R R E C T I O N from Source -- Wheaton Precious Metals Corp./\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n VANCOUVER, BC, Nov. 9, 2020\n \n \n \n \n In the news release, Wheaton Precious Metals Announces a 20% Increase in the Fourth Quarterly Dividend of 2020, issued\n \n 09-Nov-2020\n \n by Wheaton Precious Metals Corp. over CNW, we are advised by the company that the anticipated ex-dividend trading date noted in the 2nd paragraph should read \"November 23, 2020\" rather than \"December 8, 2020\" as originally issued inadvertently. The complete, corrected release follows:\n \n \n Wheaton Precious Metals Announces a 20% Increase in the Fourth Quarterly Dividend of 2020\n \n \n \n \n DIVIDEND DECLARATION\n \n \n \n TSX: WPM\n \n NYSE: WPM\n \n LSE: WPM\n \n \n \n VANCOUVER, BC\n \n ,\n \n Nov. 9, 2020\n \n /CNW/ - Wheaton Precious Metals™ Corp. (\"Wheaton\" or the \"Company\") is pleased to announce that its Board of Directors has declared its fourth quarterly cash dividend payment for 2020 of\n \n US$0.12\n \n per common share, a 20% increase relative to the prior period dividend.\n \n \n \n \n Fourth Quarterly Dividend\n \n \n \n The fourth quarterly cash dividend for 2020 of gross\n \n US$0.12\n \n will be paid to holders of record of Wheaton Precious Metals common shares as of the close of business on\n \n November 25, 2020\n \n and will be distributed on or about\n \n December 10, 2020\n \n with an ex-dividend trading date anticipated to be\n \n November 23, 2020\n \n .\n \n \n Under the Company's dividend policy, the quarterly dividend per common share is targeted to equal approximately 30% of the average cash generated by operating activities in the previous four quarters divided by the Company's then outstanding common shares, all rounded to the nearest cent. To minimize volatility in quarterly dividends, the Company has set a minimum quarterly dividend of\n \n $0.10\n \n per common share for the duration of 2020 representing an 11% increase relative to 2019. Under this policy, the forecast a...