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Newmont (Newmont) Dividend Yield %

: 3.79% (As of Today)
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As of today (2024-04-16), the Trailing Annual Dividend Yield of Newmont is 3.79%.

The historical rank and industry rank for Newmont's Dividend Yield % or its related term are showing as below:

NEM' s Dividend Yield % Range Over the Past 10 Years
Min: 0.22   Med: 1.54   Max: 6.07
Current: 3.79

During the past 13 years, the highest Dividend Yield of Newmont was 6.07%. The lowest was 0.22%. And the median was 1.54%.

NEM's Dividend Yield % is ranked better than
66.45% of 304 companies
in the Metals & Mining industry
Industry Median: 2.33 vs NEM: 3.79

Newmont's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.80.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Newmont Corp is 1.01, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Newmont was 1.19. The lowest was 0.11. And the median was 0.40.

As of today (2024-04-16), the Forward Dividend Yield % of Newmont is 2.62%.

Newmont's Dividends per Share for the three months ended in Dec. 2023 was $0.40.

During the past 12 months, Newmont's average Dividends Per Share Growth Rate was -27.30% 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.


Newmont Dividend Yield % Historical Data

The historical data trend for Newmont's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Newmont Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.29 1.74 3.55 4.65 3.87

Newmont Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.65 4.18 4.45 4.74 3.87

Competitive Comparison

For the Gold subindustry, Newmont's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution

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

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



Newmont 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 0.2502024-03-042024-03-052024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.4002023-11-292023-11-302023-12-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.4002023-09-062023-09-072023-09-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.4002023-05-312023-06-012023-06-15Cash 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.45/38.195
=3.80 %

Current Share Price is $38.195.
Newmont's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.45.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/38.195
=2.62 %

Current Share Price is $38.195.
Newmont's Dividends per Share for the forward twelve months is calculated as $0.25 * 4 = $1.

* 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) 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 Dividend Yield % Related Terms

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


Newmont (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 7.3 million ounces of gold in 2023 pro forma for Newcrest on an annualized basis. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts from its various gold mines. It had about two decades of gold reserves along with significant byproduct reserves after acquiring Newcrest.
Executives
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
Thomas Ronald Palmer director, officer: President & CEO 6363 S FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
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
Joshua Cage officer: Interim Controller and CAO 6900 E LAYTON AVENUE, SUITE 700, DENVER CO 80237
Peter Toth officer: EVP, Strategic Development 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
Patrick Awuah director 7900 E LAYTON AVENUE, SUITE 700, DENVER CO 80237

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