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Thursday, April 23, 2020 - 12:35:41 PM
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Mining News Pro - Newmont, the world’s no. 1 gold miner, announced a quarterly dividend of US$0.25 per share of common stock, to be paid to holders of record at the close of the business day on Jun. 4.
According to Mining News Pro - The decision represents a “significant increase to its industry-leading dividend,” the company said.
In January, Newmont announced it will increase its quarterly dividend to US$1.00 per share annually.
The company said that future quarterly dividends would depend on the company’s financial results, cash flow, and duration and impact of the COVID-19 pandemic.
Midday Wednesday, Newmont’s stock was up 3.3% on the New York Stock Exchange. The company has a US$49.5-billion market capitalization.
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https://www.miningnews.ir/En/News/519701
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