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NEM (Newmont) Forward Dividend Yield % : 2.19% (As of Oct. 31, 2024)


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What is Newmont Forward Dividend Yield %?

As of today (2024-10-31), the Forward Annual Dividend Yield of Newmont is 2.19%.

As of today (2024-10-31), the Trailing Annual Dividend Yield of Newmont is 2.55%.

NEM's Forward Dividend Yield % is ranked worse than
53.97% of 302 companies
in the Metals & Mining industry
Industry Median: 2.33 vs NEM: 2.19

Newmont's Dividends per Share for the three months ended in Sep. 2024 was $0.25.

During the past 12 months, Newmont's average Dividends Per Share Growth Rate was -34.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 33.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 25.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Newmont was 77.60% per year. The lowest was -58.50% per year. And the median was 12.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Newmont's Forward Dividend Yield %

For the Gold subindustry, Newmont's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Newmont's Forward Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newmont's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Newmont's Forward Dividend Yield % falls into.



Newmont Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Newmont Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2500002024-09-052024-09-052024-09-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.2500002024-06-042024-06-042024-06-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.2500002024-03-042024-03-052024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.4000002023-11-292023-11-302023-12-22Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Newmont's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/45.44
=2.20 %

Current Share Price is $45.44.
Newmont's Dividends per Share for the forward twelve months is calculated as $0.25 * 4 = $1.

Newmont's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.15/45.44
=2.53 %

Current Share Price is $45.44.
Newmont's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.15.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Newmont  (NYSE:NEM) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Newmont Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Newmont's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Newmont Business Description

Address
6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.
Executives
Thomas Ronald Palmer director, officer: President & CEO 6363 S FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Peter Toth officer: EVP, Strategic Development 7900 E LAYTON AVENUE, SUITE 700, DENVER CO 80237
Joshua Cage officer: Interim Controller and CAO 6900 E LAYTON AVENUE, SUITE 700, DENVER CO 80237
Robert D Atkinson officer: EVP & COO 6363 S FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Philip Aiken director 6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Sally-anne Layman director 6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Mark David Ebel officer: Interim Chief Legal Officer 6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Natascha Viljoen officer: EVP & COO 6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Suzanne P Retallack officer: CSSO 6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Karyn F. Ovelmen officer: EVP & CFO STATIONSPLEIN 45, ROTTERDAM P7 3013AK
Aaron Puna officer: EVP & CTO 6900 E. LAYTON AVE., SUITE 700, DENVER CO 80237
Mark Casper officer: Acting CTO 7900 E LAYTON AVENUE, SUITE 700, DENVER CO 80237
Nancy Buese officer: EVP & CFO 1515 ARAPAHOE STREET, DENVER CO 80202-2126
Stephen P Gottesfeld officer: EVP and Chief S&EA Officer 6363 SOUTH FIDDLER'S GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Bruce R Brook director 6363 SOUTH FIDDLER'S GREEN CIRCLE, GREENWOOD VILLAGE CO 80111