【fun things to do in ypsilanti mi】Zooming in on TSE:WPM’s 1.9% Dividend Yield
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Historically,fun things to do in ypsilanti mi Wheaton Precious Metals Corp. (
TSE:WPM
) has been paying a dividend to shareholders. Today it yields 1.9%. Does Wheaton Precious Metals tick all the boxes of a great dividend stock? Below, I’ll take you through my analysis.
Check out our latest analysis for Wheaton Precious Metals
How I analyze a dividend stock
Whenever I am looking at a potential dividend stock investment, I always check these five metrics:
Is their annual yield among the top 25% of dividend payers?
Has its dividend been stable over the past (i.e. no missed payments or significant payout cuts)?
Has the amount of dividend per share grown over the past?
Can it afford to pay the current rate of dividends from its earnings?
Will the company be able to keep paying dividend based on the future earnings growth?
TSX:WPM Historical Dividend Yield January 2nd 19
How does Wheaton Precious Metals fare?
The current trailing twelve-month payout ratio for the stock is 56%, meaning the dividend is sufficiently covered by earnings. Going forward, analysts expect WPM’s payout to remain around the same level at 61% of its earnings. Assuming a constant share price, this equates to a dividend yield of around 1.8%. Moreover, EPS should increase to $0.64.
When considering the sustainability of dividends,
it is also worth checking the cash flow of a company
. Cash flow is important because companies with strong cash flow can usually sustain higher payout ratios.
If dividend is a key criteria in your investment consideration, then you need to make sure the dividend stock you’re eyeing out is reliable in its payments. The reality is that it is too early to consider Wheaton Precious Metals as a dividend investment. It has only been consistently paying dividends for 8 years, however, standard practice for reliable payers is to look for a 10-year minimum track record.
Relative to peers, Wheaton Precious Metals generates a yield of 1.9%, which is high for Metals and Mining stocks but still below the low risk savings rate.
Next Steps:
After digging a little deeper into Wheaton Precious Metals’s yield, it’s easy to see why you should be cautious investing in the company just for the dividend. But if you are not exclusively a dividend investor, the stock could still be an interesting investment opportunity. Given that this is purely a dividend analysis, I urge potential investors to try and get a good understanding of the underlying business and its fundamentals before deciding on an investment. Below, I’ve compiled three relevant factors you should further examine:
Story continues
Future Outlook
: What are well-informed industry analysts predicting for WPM’s future growth? Take a look at our
free research report of analyst consensus
for WPM’s outlook.
Valuation
: What is WPM worth today? Even if the stock is a cash cow, it’s not worth an infinite price. The
intrinsic value infographic in our free research report
helps visualize whether WPM is currently mispriced by the market.
Dividend Rockstars
: Are there better dividend payers with stronger fundamentals out there? Check out our
free list of these great stocks here
.
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at
.
View comments
(责任编辑:Knowledge)
- Energy Fuels Inc.'s (TSE:EFR) Intrinsic Value Is Potentially 96% Above Its Share Price
- BRIEF-Neo-Neon Holdings' Unit To Buy Stake In Novelty Lights
- Oil producer Afren settles claims against former CEO, COO
- China Stocks-Factors to watch on Wednesday
- Were Hedge Funds Right About Caterpillar (CAT)?
- Survey Results: Investors Have No Idea Where The Market Is Headed Next
- BRIEF-Palm Eco-Town's Unit Signs Agreement On Property Project Worth 6.6 Bln Yuan In Hainan
- PRA Group Makes Big Bets on Debt Collection
- Asbury Automotive Group Inc (ABG) Files 10-K for the Fiscal Year Ended on December 31, 2018
- Notification of Major Holdings
- Pacific Ethanol plans to idle western section of Nebraska plant -sources
- Cayan to Debut Industry-Changing Solutions at RetailNOW 2016
- Plaintiffs Get Second Chance in Derivative Case Stemming From California Oil Spill
-
U.S. Stocks Set To Open Higher On Final Day Ahead Of U.S. Presidential Election
Better-Than-Expected Economic Data Offsets Worries About LockdownsS&P 500futures are gaining ground ...[详细] -
The Top 10 Cryptocurrencies Aren’t The Most Actively Developed
CoinCodeCap.com keeps track of the development activity of dozens of cryptocurrencies. Bitcoin is th ...[详细] -
How Many Insiders Sold Saga Communications, Inc. (NASDAQ:SGA) Shares?
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunate ...[详细] -
Hong Kong dollar pressured as local yields tumble
* HKD could hit 7.85 per dollar band within weeks* Hong Kong rates lag U.S. most since financial cri ...[详细] -
Best & Worst Performing Stocks in Coronavirus Outbreak
The coronavirus outbreak and its subsequent impact on corporate profit margins and the global econom ...[详细] -
Cabinet approves incentives for exporters of select goods
NEW DELHI (Reuters) - India's cabinet on Wednesday approved incentives amounting to 6 billion rupees ...[详细] -
BRIEF-Kweichow Moutai Sees 2018 Net Profit Up About 25 Pct Y/Y
Jan 1 (Reuters) - Kweichow Moutai Co Ltd:* SAYS IT SEES 2018 NET PROFIT AT ABOUT 34.0 BILLION YUAN ( ...[详细] -
What You Must Know About Cavco Industries, Inc.’s (NASDAQ:CVCO) Beta Value
If you own shares in Cavco Industries, Inc. (NASDAQ:CVCO) then it’s worth thinking about how it cont ...[详细] -
EyePoint Pharmaceuticals (EYPT) Reports Q4 Loss, Tops Revenue Estimates
EyePoint Pharmaceuticals (EYPT) came out with a quarterly loss of $0.09 per share versus the Zacks C ...[详细] -
Fed's Powell - 'Muted' inflation gives room for wages to rise
(Reuters) - A rise in productivity last year gives more room for wages to grow without the risk of h ...[详细]
Global watchdog warns over financial staff curbs in pandemic
Read This Before Selling Koninklijke Ahold Delhaize N.V. (AMS:AD) Shares
- Look at American Airlines Stock Through a Wider Lens
- Kristen Wiig and Ben Affleck to host 'Saturday Night Live'
- Italy's Carige administrator says no merger in sight for bank - TV
- JPJ Group PLC Announces Total Voting Rights
- Before You Buy IBI Group Inc. (TSE:IBG), Consider Its Volatility
- Read This Before Judging Kiwi Property Group Limited’s (NZSE:KPG) ROE
- Boeing Wins $400M Deal to Support B-1 & B-52 Bomber Aircraft