Published on 26 Jul 2022 on Simply Wall St. via Yahoo Finance
Newmont (NYSE:NEM) Is Due To Pay A Dividend Of $0.55
Newmont Corporation (NYSE:NEM) has announced that it will pay a dividend of $0.55 per share on the 22nd of September. This makes the dividend yield 4.9%, which will augment investor returns quite nicely.
While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Newmont's stock price has reduced by 38% in the last 3 months, which is not ideal for investors and can explain a sharp increase in the dividend yield.
View our latest analysis for Newmont