
Thursday, 27 October 2022, Newmont announced that its Board of Directors declared a dividend of $0.55 per share of common stock for the third quarter of 2022, payable on December 29, 2022, to holders of record at the close of business on December 8, 2022.
“With this dividend declared, Newmont will have returned nearly $4 billion since the introduction of our dividend framework, clearly demonstrating our commitment to returning cash to our shareholders with a proven track record of doing so,” said Tom Palmer, President and CEO.
The declaration and payment of future quarterly dividends remain 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.
Credit: classfmonline