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Wheaton Precious Metals (WPM) Raises Its Dividend Again As Cash Flow Strengthens

With an impressive short percentage of shares outstanding of 0.77%, Wheaton Precious Metals Corp. (NYSE:WPMis among the 10 Best Gold Mining Stocks to Buy as Central Banks Buy Bullion.

Wheaton Precious Metals Corp. (NYSE:WPM) announced on May 8 that it had declared its second quarterly cash dividend payment for 2026 of $0.195 per common share, representing an 18% increase from the comparable quarterly dividend paid in 2025. The dividend will be distributed to shareholders of record as of May 27 and paid on or about June 9. The increase reflects the company’s continued strong cash generation and management’s confidence in its long-term financial position amid supportive precious metals pricing.

Previously, on April 2, Berenberg lowered its price target on Wheaton Precious Metals Corp. (NYSE:WPM) to 11,200 GBp from 13,000 GBp while maintaining a Buy rating on the shares. Despite the target reduction, the firm continued to express optimism regarding the company’s long-term streaming model, which provides leveraged exposure to gold and silver prices without many of the operational and capital risks faced by traditional mining operators.

Founded in 2004 and headquartered in Vancouver, Wheaton Precious Metals Corp. (NYSE:WPM) is one of the world’s largest precious metals streaming companies. The company provides upfront financing to mining operators in exchange for the right to purchase future gold, silver, palladium, and cobalt production at fixed discounted prices. This business model allows Wheaton to maintain exposure to commodity price appreciation while benefiting from relatively predictable operating costs.

The company’s rising dividend and resilient streaming model may continue appealing to investors seeking precious metals exposure with lower direct mining risk, positioning it among the best gold mining stocks to buy.

While we acknowledge the risk and potential of WPM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WPM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Industrial Stocks to Buy for the 2026 Infrastructure Boom and 11 Most Promising Renewable Energy Stocks Right Now.

Disclosure: None.  Follow Insider Monkey on Google News.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Wall Street calls this $3 stock a “Melting Ice Cube.” They said the same thing about BTI before it returned 90%.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

My name is Inan Dogan. I’m the co-founder and Research Director of Insider Monkey. I have an important message for you today.

Since March 2017, my stock picks have returned 16.5% annually. Today, I’ve found an opportunity even bigger than my British American Tobacco call.

Two years ago, Wall Street wrote off British American Tobacco (BTI) as a “melting ice cube.” The stock had crashed 40% from its peak, and consensus said the business was dying.

We looked under the cover and realized they were wrong.

We alerted our subscribers, and BTI returned 90% in just 16 months.

Now if you had invested just $10,000 in BTI in June 2024, you’d be sitting on $19,000 in October 2025.

Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

While the market panics over a surface-level revenue decline, our PhD-led research shows management has actually surgically cut $100 million in waste to focus on high-margin growth.

This pattern is a hallmark of our 16.5% annual return track record. The current opportunity offers a 400% upside potential—dwarfing even our 90% BTI return.

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