Newmont Mining (NEM) will raise its quarterly dividend by 100 percent to $0.14 per share in the first quarter of 2018. The new dividend yield for NEM is 1.5%.
This dividend is payable under the Company’s gold price-linked dividend policy.
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.