Thursday, 21 April 2022, announced that its Board of Directors declared a dividend of $0.55 per share of common stock for the first quarter of 2022, payable on June 16, 2022, to holders of record at the close of business on June 2, 2022.

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 flow and cash requirements, future prospects, and other factors deemed relevant by the Board, a statement issued by the management said.

Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead.

The company says its world-class portfolio of assets, prospects and talent is anchored in favourable 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 recognised 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 expertise.

Newmont was founded in 1921 and has been publicly traded since 1925

Credit: classfmonline