Newmont Mining Corporation (NEM) Ex-Dividend Date Scheduled for March 11, 2013

By NASDAQ.com News March 07, 2013, 09:00:03 AM EDT

Newmont Mining Corporation ( NEM ) will begin trading ex-dividend on March 11, 2013. A cash dividend payment of $0.425 per share is scheduled to be paid on March 28, 2013. Shareholders who purchased NEM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 21.43% increase over the prior quarter.

The previous trading day's last sale of NEM was $40.01, representing a -30.93% decrease from the 52 week high of $57.93 and a 3.92% increase over the 52 week low of $38.50.

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 $3.63. Zacks Investment Research reports NEM's forecasted earnings growth in 2013 as 18.23%, compared to an industry average of 11.5%.

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 )
  • Market Vectors Gold Miners ETF ( GDX )
  • PowerShares Global Gold & Precious Metals Portfolio ( PSAU )
  • iShares Dow Jones U.S. Basic Materials Index ( IYM )
  • Vanguard Materials ETF ( VAW ).

The top-performing ETF of this group is VAW with an increase of 5.21% over the last 100 days. RING has the highest percent weighting of NEM at 9.34%.




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, VAW



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