Newmont is a dividend paying company with a current yield of 2.44%. Next payment date is on 27th June, 2024 with an ex-dividend date of 4th June, 2024.
Key information
2.4%
Dividend yield
-45%
Payout ratio
Industry average yield
7.5%
Next dividend pay date
27 Jun 24
Ex dividend date
04 Jun 24
Dividend per share
n/a
Earnings per share
-Mex$2.34
Dividend yield forecast in 3Y
2.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NEM *'s dividend payments have been volatile in the past 10 years.
Growing Dividend: NEM *'s dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Newmont Dividend Yield vs Market
How does NEM * dividend yield compare to the market?
Segment
Dividend Yield
Company (NEM *)
2.4%
Market Bottom 25% (MX)
2.2%
Market Top 25% (MX)
6.6%
Industry Average (Metals and Mining)
7.5%
Analyst forecast in 3 Years (NEM *)
2.5%
Notable Dividend: NEM *'s dividend (2.44%) is higher than the bottom 25% of dividend payers in the MX market (2.18%).
High Dividend: NEM *'s dividend (2.44%) is low compared to the top 25% of dividend payers in the MX market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: NEM * is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1695.8%), NEM *'s dividend payments are not well covered by cash flows.