Newmont Mining (NEM) Declares $0.025 Quarterly Dividend; 0.5% Yield
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Newmont Declares Quarterly Dividend of $0.025 Per Share
October 27, 2015 7:55 PM EDTDENVER--(BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced its Board of Directors declared a quarterly dividend of $0.025 per share of common stock, payable on December 28, 2015, to holders of record at the close of business on December 11, 2015. The average London Bullion Market Association (LBMA) P.M. Gold Price during the third quarter fell below the Companys gold price linked dividend policy threshold of $1,200 per ounce. The Board of Directors authorized the Company to maintain the dividend for the fourth quarter based on strong... More
