Newmont Mining (NEM) will raise its quarterly dividend to $0.075 per share.
The new dividend is payable on September 28, 2017, to holders of record at the close of business on September 14, 2017.
This dividend is payable under the Company’s gold price-linked dividend policy. The dividend of $0.075 per share is triple the dividend paid in the prior year quarter.
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.