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Company Profile: Vancouver, Canada-based Silver Wheaton operates as a silver streaming company.
In early March Silver Wheaton initiated its inaugural dividend quarterly cash dividend of 3 cents per share.
The company's first dividend was paid on March 31 to shareholders of record on March 21.
That brings Silver Wheaton's yield to around 0.3%.
Silver prices edged lower in recent trading sessions. On April 11
Bloomberg reported a $1 million bet by an options trader that the
iShares Silver Trust(SLV) would fall 37% by July.
According to Anthony Neglia, president of Tower Trading, both gold and silver were getting bullied by
Goldman Sachs(GS). The investment firm issued a note April 11 urging clients to take profits in commodities as the broad rally might not last as high oil prices eat into demand.
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