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Newcrest Mining (Newcrest Mining) Forward Dividend Yield % : 2.31% (As of May. 12, 2024)


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What is Newcrest Mining Forward Dividend Yield %?

As of today (2024-05-12), the Forward Annual Dividend Yield of Newcrest Mining is 2.31%.

As of today (2024-05-12), the Trailing Annual Dividend Yield of Newcrest Mining is 2.31%.

NCMGF's Forward Dividend Yield % is not ranked
in the Metals & Mining industry.
Industry Median: 2.325 vs NCMGF: 2.31

Newcrest Mining's Dividends per Share for the six months ended in Jun. 2023 was $0.15.

During the past 12 months, Newcrest Mining's average Dividends Per Share Growth Rate was -23.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Newcrest Mining was 98.10% per year. The lowest was -3.50% per year. And the median was 20.35% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Newcrest Mining's Forward Dividend Yield %

For the Gold subindustry, Newcrest Mining's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Newcrest Mining's Forward Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newcrest Mining's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Newcrest Mining's Forward Dividend Yield % falls into.



Newcrest Mining Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Newcrest Mining Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.3130002023-08-182023-08-212023-09-18Cash Dividendsemi-annuallyAUD:USD 0.648508

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Newcrest Mining's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.405966008/15.195
=2.67 %

Current Share Price is $15.195.
Newcrest Mining's Dividends per Share for the forward twelve months is calculated as $0.202983004 * 2 = $0.405966008.

Newcrest Mining's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.202983004/15.195
=1.34 %

Current Share Price is $15.195.
Newcrest Mining's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.202983004.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Newcrest Mining  (OTCPK:NCMGF) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Newcrest Mining Forward Dividend Yield % Related Terms

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Newcrest Mining (Newcrest Mining) Business Description

Traded in Other Exchanges
N/A
Address
600 Saint Kilda Road, Level 8, Melbourne, VIC, AUS, 3004
Newcrest is an Australia-based gold and, to a lesser extent, copper miner. Operations are mainly in Australia and Papua New Guinea. The company also owns a 32% stake in the Fruta Del Norte gold mine in Ecuador, while the acquisition of Brucejack in 2022 adds to its 70% stake in the Red Chris mine in Canada. The company is likely to produce around 2 million ounces of gold per year over the next decade, making it one of the larger global gold producers but still only accounting for less than 2% of total supply. Cash costs are below the industry average, underpinned by improvements at Lihir and Cadia. Organic growth options include its Havieron prospect, the Red Chris underground mine, and the high-grade Wafi-Golpu copper-gold prospect in PNG.

Newcrest Mining (Newcrest Mining) Headlines

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