Credit: Shutterstock photoNewmont Mining Corporation ( NEM ) will begin trading ex-dividend on June 10, 2014. A cash dividend payment of $0.025 per share is scheduled to be paid on June 26, 2014. Shareholders who purchased NEM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -83.33% decrease from the prior quarter. At the current stock price of $23.11, the dividend yield is .43%.
The previous trading day's last sale of NEM was $23.11, representing a -32.86% decrease from the 52 week high of $34.42 and a 11.19% increase over the 52 week low of $20.79.
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 -$5.37. Zacks Investment Research reports NEM's forecasted earnings growth in 2014 as -45.43%, compared to an industry average of -5.1%.
For more information on the declaration, record and payment dates, visit the NEM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to NEM through an Exchange Traded Fund [ETF]?
The following ETF(s) have NEM as a top-10 holding:
- Market Vectors Gold Miners ETF ( GDX )
- PowerShares Global Gold & Precious Metals Portfolio ( PSAU )
- iShares MSCI Global Gold Miners Fund ( RING ).
The top-performing ETF of this group is PSAU with an increase of 1.39% over the last 100 days. GDX has the highest percent weighting of NEM at 8.11%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.