Silver Wheaton (SLW) Announces Quarterly Dividend of $0.14
Silver Wheaton (NYSE:SLW) declared a quarterly dividend on Thursday, March 21st. Stockholders of record on Tuesday, April 2nd will be given a dividend of $0.14 per share on Friday, April 12th. This represents a $0.56 dividend on an annualized basis and a yield of 1.81%.
A number of research firms have also recently commented on SLW. Analysts at Scotiabank cut their price target on shares of Silver Wheaton from $53.00 to $50.00 in a research note to investors on Monday. On the ratings front, analysts at TheStreet reiterated a “buy” rating on shares of Silver Wheaton in a research note to investors on Wednesday, February 27th. Finally, analysts at Macquarie upgraded shares of Silver Wheaton from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, February 13th.
Seven investment analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average price target of $45.08.
Silver Wheaton (NYSE: SLW) traded up 2.58% on Thursday, hitting $30.98. Silver Wheaton has a 52-week low of $22.94 and a 52-week high of $41.30. The stock’s 50-day moving average is currently $33.12. The company has a market cap of $10.976 billion and a price-to-earnings ratio of 19.36.
Silver Wheaton Corp. (NYSE: SLW) is a mining company, which generates its revenue primarily from the sale of silver.
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