Newmont (XTER:NMM) Dividend Payout Ratio : 0.31 (As of Sep. 2024)

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What is Newmont Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Newmont's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.31.

The historical rank and industry rank for Newmont's Dividend Payout Ratio or its related term are showing as below:

XTER:NMM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.4 Max: 1.19
Current: 0.45

During the past 13 years, the highest Dividend Payout Ratio of Newmont was 1.19. The lowest was 0.11. And the median was 0.40.

XTER:NMM's Dividend Payout Ratio is ranked worse than
53.7% of 270 companies
in the Metals & Mining industry
Industry Median: 0.39 vs XTER:NMM: 0.45

As of today (2024-12-13), the Dividend Yield % of Newmont is 2.31%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Newmont was 5.40%. The lowest was 0.22%. And the median was 1.45%.

Newmont's Dividends per Share for the months ended in Sep. 2024 was €0.23.

During the past 12 months, Newmont's average Dividends Per Share Growth Rate was -34.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 33.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 25.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Newmont was 77.60% per year. The lowest was -58.50% per year. And the median was 12.30% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Newmont Dividend Payout Ratio Historical Data

The historical data trend for Newmont's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Newmont Dividend Payout Ratio Chart

Newmont Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.11

0.39

0.74

1.19

1.02

Newmont Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.11	0.80	0.46	0.35	0.31

Competitive Comparison of Newmont's Dividend Payout Ratio

For the Gold subindustry, Newmont's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Newmont's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newmont's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Newmont's Dividend Payout Ratio falls into.

Newmont Dividend Payout Ratio Calculation

Newmont's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.467	/	1.44
	=	1.02

Newmont's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.225	/	0.73
	=	0.31

Newmont (XTER:NMM) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Newmont Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Newmont's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Newmont Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (XTER:NMM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NEMCL:USA NEM:USA NEM:Peru NEM:Mexico 1NEM:Italy 0R28:UK NMM0:Germany NMM0:Germany NMM0:Germany NMM:Germany NMM:Germany NMM:Germany NEM:Chile NGT:Canada N1EM34:Brazil NEM:Australia NEWM:Austria NEM:Argentina

Address

6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237

Website

https://www.newmont.com

Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 5.5 million ounces of gold in 2024 from its core mines and 6.8 million in total. It is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.