Newmont (@NewmontCorp) Increases Quarterly Dividend by 79 percent to $0.25 Per Share

Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. 

DENVER–(BUSINESS WIRE)– Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced that its Board of Directors declared a quarterly dividend of $0.25 per share of common stock, payable on June 18, 2020, to holders of record at the close of business on June 4, 2020.

Consistent with the Company’s prior announcement to significantly increase its industry leading dividend, the first quarter 2020 dividend declared represents an increase of 79 percent compared to the prior quarterly dividend of $0.14 per share.

The declaration and payment of future quarterly dividends remains at the discretion of the Board of Directors and will depend on the Company’s financial results, cash flow and cash requirements, duration and impact of the COVID-19 pandemic, future prospects, and other factors deemed relevant by the Board.1

Click here for more information.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s