Newmont Mining (NEM) Declares $0.025 Quarterly Dividend; 0.3% Yield
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Newmont Declares Quarterly Dividend of $0.025 Per Share
July 20, 2016 4:01 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 September 29, 2016, to holders of record at the close of business on September 15, 2016.
Newmont's gold price-linked dividend policy includes a quarterly dividend payable based on the average LBMA P.M. Gold Price for the preceding quarter (Gold Price). The policy recommends an annual dividend of $0.10 per share or $0.025 per quarter at a Gold Price of up to $1,300 per ounce and an annual dividend... More
