Silver Wheaton

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Silver Wheaton ( SLW)

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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