Newmont Mining Corporation ( NEM ) will begin trading ex-dividend on June 06, 2018. A cash dividend payment of $0.14 per share is scheduled to be paid on June 21, 2018. Shareholders who purchased NEM prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 180% increase over prior dividend payment. At the current stock price of $38.25, the dividend yield is 1.46%.
The previous trading day's last sale of NEM was $38.25, representing a -9.02% decrease from the 52 week high of $42.04 and a 21.74% increase over the 52 week low of $31.42.
NEM is a part of the Basic Industries sector, which includes companies such as BHP Billiton Limited ( BHP ) and Rio Tinto Plc ( RIO ). NEM's current earnings per share, an indicator of a company's profitability, is $.09. Zacks Investment Research reports NEM's forecasted earnings growth in 2018 as 2.51%, compared to an industry average of 11.9%.
Interested in gaining exposure to NEM through an Exchange Traded Fund [ETF]?
The following ETF(s) have NEM as a top-10 holding:
- Invesco Global Gold and Precious Metals ETF ( PSAU )
- John Hancock Multifactor Materials ETF ( JHMA )
- iShares Trust ( USMV )
- iShares Morningstar Mid-Cap ETF ( JKI )
- Vanguard Mid-Cap Value ETF ( VOE ).
The top-performing ETF of this group is USMV with an decrease of -0.75% over the last 100 days. PSAU has the highest percent weighting of NEM at 7.97%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.