Newmont Mining Corporation (NEM) Ex-Dividend Date Scheduled for December 04, 2012

By NASDAQ.com News November 30, 2012, 09:00:04 AM EDT

Newmont Mining Corporation ( NEM ) has announced an ex-dividend date of December 04, 2012 and a cash dividend payment of $0.35 per share scheduled for December 28, 2012. Shareholders who purchased NEM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that NEM has paid the same dividend. At the current stock price of $47.05, the dividend yield is 2.98%.

The previous trading day's last sale of NEM was $47.05, representing a -32.2% decrease from the 52 week high of $69.40 and a 9.55% increase over the 52 week low of $42.95.

NEM is a part of the Basic Industries sector, which includes companies such as BHP Billiton Limited ( BHP ) and VALE S.A. ( VALE ). NEM's current earnings per share, an indicator of a company's profitability, is $.22. Zacks Investment Research reports NEM's forecasted earnings growth in 2012 as -12.99%, compared to an industry average of 8.4%.

For more information on the declaration, record and payment dates, visit the NEM Dividend History page.

Interested in gaining exposure to NEM through an Exchange Traded Fund [ETF]?
The following ETF(s) have NEM as a top-10 holding:

  • iShares MSCI Global Gold Miners Fund ( RING )
  • PowerShares Global Gold & Precious Metals Portfolio ( PSAU )
  • iShares Dow Jones U.S. Basic Materials Index ( IYM )
  • Select Sector SPDR Fund - Basic Industries ( XLB )
  • Market Vectors Gold Miners ETF ( GDX ).

The top-performing ETF of this group is GDX with an increase of 8.13% over the last 100 days. RING has the highest percent weighting of NEM at 9.21%.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, Stocks

Referenced Stocks: BHP, GDX, IYM, NEM, PSAU, RING, VALE, XLB



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