Newmont Mining Corporation (NEM) will pay a quarterly dividend of $0.15 versus $0.20 in the previous quarter. It's the fourth consecutive dividend cut by Newmont, that has attached its dividend policy to the gold price movement.
Newmont Mining Corporation is a mining company, which is focused on the production of and exploration for gold and copper. The Company’s operations are primarily in the United States, Australia, Ghana, Peru and Suriname. Newmont was founded in 1921 and has been publicly traded since 1925.
2023