Newmont Corporation (NYSE:NEM – Get Free Report) announced a quarterly dividend on Thursday, July 23rd. Investors of record on Thursday, September 3rd will be given a dividend of 0.26 per share by the basic materials company on Monday, September 28th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, September 3rd.
Newmont has decreased its dividend by an average of 0.0%annually over the last three years. Newmont has a payout ratio of 23.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Newmont to earn $9.98 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 10.4%.
Newmont Price Performance
NEM traded down $0.86 during midday trading on Friday, hitting $93.86. The stock had a trading volume of 5,154,840 shares, compared to its average volume of 9,207,917. Newmont has a 1 year low of $61.76 and a 1 year high of $134.88. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.17 and a current ratio of 2.44. The business has a fifty day moving average of $100.25 and a 200 day moving average of $110.06. The company has a market cap of $100.20 billion, a P/E ratio of 12.17, a price-to-earnings-growth ratio of 1.14 and a beta of 0.46.
Key Headlines Impacting Newmont
Here are the key news stories impacting Newmont this week:
- Positive Sentiment: Newmont beat Q2 adjusted EPS estimates, reporting $2.10 per share versus $2.05 expected, supported by higher realized gold prices and strong operating performance. Newmont Corporation (NEM) Tops Q2 Earnings Estimates
- Positive Sentiment: The company reported record second-quarter free cash flow of about $2.2 billion, reinforcing the view that cash generation remains strong even with lower gold prices. Newmont Reports Robust Second Quarter 2026 Results; Remains on Track to Achieve Full Year Guidance
- Positive Sentiment: Management reaffirmed full-year 2026 production, cost, and capital return guidance, including continued share buybacks and a declared dividend, which supports investor confidence in returns. NEM Q2 Earnings Call Centers on Costs and Capital Returns
- Positive Sentiment: Newmont highlighted a potential long-term reserve unlock at its Lihir project, outlining a nearshore barrier plan that could add more than 5 million ounces starting in 2028. Newmont outlines Lihir nearshore barrier unlocking over 5 million ounces beginning in 2028
- Neutral Sentiment: Some commentary noted the stock still screens as inexpensive on normalized earnings, but also pointed to technical कमजोरी and pressure from lower gold prices, making the near-term setup more mixed. Newmont: Stronger Balance Sheet And Record Q2 Free Cash Flow; Reiterate Buy
- Negative Sentiment: Revenue came in below expectations at $6.12 billion versus $6.36 billion estimated, reflecting softer volumes and the drag from lower gold prices, which may be limiting enthusiasm despite the earnings beat. Newmont Resources delivers mixed second quarter earnings
Newmont Company Profile
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
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