05:52 PM EDT, 03/14/2024 (MT Newswires) -- Wheaton Precious Metal (WPM, WPM.TO) late Thursday reported Q4 non-GAAP net income of $0.363 per share per diluted share, compared with $0.229 a year earlier.

Analysts polled by Capital IQ expected $0.33.

Revenue for the quarter ended Dec. 31 was $313.5 million, up from $236.1 million a year earlier.

Analysts expected $303.3 million.

The company raised its quarterly dividend to $0.155 per share from $0.15, payable April 15 to investors of record on April 3. The firm said it has transitioned to a progressive dividend policy from distributing 30% of the average of the previous four quarters' operating cash flows.

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