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Newcrest Mining (TSX:NCM) 3-Year Dividend Growth Rate : 18.20% (As of Jun. 2023)


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What is Newcrest Mining 3-Year Dividend Growth Rate?

Newcrest Mining's Dividends per Share for the six months ended in Jun. 2023 was C$0.20.

The historical rank and industry rank for Newcrest Mining's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:NCM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -3.5   Med: 20.35   Max: 98.1
Current: 18.2

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.

TSX:NCM's 3-Year Dividend Growth Rate is not ranked
in the Metals & Mining industry.
Industry Median: 22.05 vs TSX:NCM: 18.20

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Newcrest Mining's Dividend Payout Ratio for the six months ended in Jun. 2023 was 0.28. As of today, Newcrest Mining's Dividend Yield % is 2.30%.

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


Competitive Comparison of Newcrest Mining's 3-Year Dividend Growth Rate

For the Gold subindustry, Newcrest Mining's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newcrest Mining's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Newcrest Mining's 3-Year Dividend Growth Rate falls into.



Newcrest Mining 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Newcrest Mining  (TSX:NCM) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Newcrest Mining's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2023 )/ EPS without NRI (Q: Jun. 2023 )
=0.2/ 0.719
=0.28

During the past 13 years, the highest Dividend Payout Ratio of Newcrest Mining was 0.46. The lowest was 0.23. And the median was 0.33.

2. 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:CAD 0.878016

* 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.274819008/20.65
=1.33 %

Current Share Price is C$20.65.
Newcrest Mining's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.274819008.

During the past 13 years, the highest Dividend Yield of Newcrest Mining was 5.29%. The lowest was 0.62%. And the median was 1.31%.

* 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 3-Year Dividend Growth Rate Related Terms>


Newcrest Mining (TSX:NCM) 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 (TSX:NCM) Headlines

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