Newmont Mining (NEM) Misses Q3 EPS by 12c, Sales Miss

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Go back to Newmont Mining (NEM) Misses Q3 EPS by 12c, Sales Miss

Newmont Mining (NEM) Declares $0.05 Quarterly Dividend; Approves Gold Price Linked Dividend

October 26, 2016 4:50 PM EDT

Newmont Mining (NYSE: NEM) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. The dividend will be payable on December 29, 2016, to stockholders of record on December 8, 2016, with an ex-dividend date of December 6, 2016. The annual yield on the dividend is 0.6 percent.

Newmonts Board also approved an enhanced gold price-linked dividend adjusting the annual payout levels, starting in the first quarter 2017, to provide additional upside to shareholders as gold prices... More