Newmont Co. (ASX:NEM – Get Free Report) insider Thomas Palmer sold 16,045 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of A$42.93 ($26.66), for a total value of A$688,811.85 ($427,833.45).
Newmont Price Performance
The firm has a market capitalization of $53.36 billion, a P/E ratio of -44.32 and a beta of 0.51.
Newmont Increases Dividend
The business also recently announced a Final dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 26th will be paid a dividend of $0.275 per share. This is a boost from Newmont’s previous Final dividend of $0.27. This represents a yield of 0.39%. The ex-dividend date is Sunday, March 2nd. Newmont’s dividend payout ratio is presently -31.78%.
Newmont Company Profile
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.
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