Wheaton Precious Metals Corp. announced that its Board of Directors has declared its third quarterly cash dividend payment for 2021 of USD 0.15 per common share, an increase of 50% relative to the comparable period in 2020 and representing the fourth quarterly dividend increase in a row. The third quarterly cash dividend for 2021 of USD 0.15 will be paid to holders of record of Wheaton Precious Metals common shares as of the close of business on August 27, 2021 and will be distributed on or about September 9, 2021. 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 $0.13 per common share for the duration of 2021.