CAPITAL MARKETS

Newmont has best quarter in its history

NEWMONT Corporation has reported record September-quarter financials, saying headline profit nearly trebled during a period that saw gold fetch an all-time high and prompting the company to hike its quarterly dividend 60% to US40c per share.

Henry Lazenby
Newmont has announced a 60% increase of its quarterly dividend to US40c per share

Newmont has announced a 60% increase of its quarterly dividend to US40c per share

The latest dividend hike follows a 79% increase in January and brings the annual disbursement to $1.60 per share, the highest in the gold sector. Newmont's dividend yield of 2.7% is more than the S&P...

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