Silver Stocks Are Turning High Margins Into Dividends for Shareholders. 1 Precious Metals Stock to Buy Right Now. - Yahoo Finance

AI desk brief

Gold and silver surged into 2026 before pulling back, but the article argues the metals remain supported by fiscal debt and geopolitical tensions, keeping the sector elevated. Wheaton Precious Metals is highlighted as a beneficiary of the price backdrop: in Q2 it paid an average contractual price of $9.57/oz for silver and $543/oz for gold, then sold those metals at $73.41/oz and $4,452/oz respectively.

That spread drove sharp margin expansion in the first half of the year, with Wheaton’s cash operating margin rising 139% to $66.96/oz for silver and 56% to $4,099/oz for gold. The company also raised its quarterly dividend to $0.195/share, up 18% YoY, and still has a 16% payout ratio, leaving room for further dividend growth.