Newmont Mining (NEM) Raises Quarterly Dividend 86.7% to $0.14; 1.4% Yield

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Go back to Newmont Mining (NEM) Raises Quarterly Dividend 86.7% to $0.14; 1.4% Yield

Newmont Increases Quarterly Dividend to $0.14 per Share

February 20, 2018 6:55 AM EST

DENVER--(BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced that its Board of Directors declared an increase in the fourth quarter dividend to $0.14 per share of common stock, payable on March 22, 2018, to holders of record at the close of business on March 8, 2018.

Were pleased to announce that we have raised our dividend to nearly three times higher than the prior year quarter, said Gary J. Goldberg, President and Chief Executive Officer. This increase reflects our strong balance sheet and steady long-term... More