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Newmont Declares Fourth Quarter 2019 Dividend of $0.14 per Share

by ahnationtalk on February 18, 2020146 Views

DENVER— Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced that its Board of Directors declared a quarterly dividend of $0.14 per share of common stock, payable on March 19, 2020, to holders of record at the close of business on March 5, 2020.

As previously announced, the Company plans to significantly increase its quarterly dividend by 79 percent to $0.25 per share, or an expected $1.00 per share annually, which will become effective upon approval and declaration of the first quarter dividend in April 2020.

The declaration and payment of future quarterly dividends remains at the discretion of the Board of Directors and will depend on the Company’s financial results, cash requirements, future prospects and other factors deemed relevant by the Board.

About Newmont

Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency. Newmont was founded in 1921 and has been publicly traded since 1925.

Media Contact
Omar Jabara 303.837.5114 omar.jabara@newmont.com

Investor Contact
Jessica Largent 303.837.5484 jessica.largent@newmont.com

NT4

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