CAPITAL MARKETS

Newmont ups dividend by 87%

New payment method giving better shareholder returns than gold-linked model

Staff reporter

This article is 7 years old. Images might not display.

The company's board has declared a quarterly dividend of US14c per share, which will be payable on September 27 to shareholders on record at the close of business on September 13.

The company decided to abandon its gold price-linked dividend policy at the end of last year due to unpredictability, and move towards a more traditional method.

It also said at the time that it planned to increase its 2018 payouts by at least 50%, which would bring the annualised dividend to around 45c/share.

It said in the latest dividend announcement the declaration and payment of future quarterly dividends remained at the board's discretion and depended on financial results, cash requirements, future prospects and other factors.

Newmont's shares were trading at $37.17c/share Tuesday, up 1.64%.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.

editions

Mining IQ Risk Analytics

Risk Analytics offers interactive access to World Risk Insight data, allowing you to customise risk views, benchmark jurisdictions, explore data behind scores and read expert commentary to guide your decision-making.

editions

Project Pipeline Index 2025

View our 50 top mining projects, handpicked using a unique, objective selection process from an expanded database of 600+ global assets.