05:35 PM EDT, 03/12/2026 (MT Newswires) -- Wheaton Precious Metals ( WPM ) was up 1.5% in after-hours New York trading after the company on Thursday reported higher adjusted profit and revenue for the fourth quarter and hiked its quarterly dividend.

The company's adjusted earnings, excluding most one-time items, rose to US$555 million, or US$1.22 per share, in the period, up from US$199 million, or US$0.44 per share, a year ago. FactSet expected US$1.10 per share.

Revenue rose to US$864.7 million from US$380.5 million a year prior. FactSet projected US$779 million.

The company's quarterly dividend was raised to US$0.195 per share for 2026, an 18% increase from 2025 and the third straight annual increase, the company said.

The company expects 2026 production of 860,000 to 940,000 gold equivalent ounces (GEOs). "This expected year-over-year growth is driven primarily by the additional stream at Antamina, which is expected to add another 70,000 GEOs to the portfolio in 2026 and begin generating production on April 1, 2026," it said.

Long term, production is forecast to increase about 50% to 1.2 million GEOs by 2030, and is expected to remain around 1.2 million ounces annually from 2031 to 2035, the company added.

The company's shares were last seen up US$2.23 to US$147.96 after hours. They closed down C$3.21 to C$198.85 on the Toronto Stock Exchange.