Newmont Mining Corporation (NYSE:NEM) Updates On Dividend Release Date


On 2016-07-21, Newmont Mining Corporation (NYSE:NEM) confirmed the dividend disbursement of $0.025 a share to shareholders as on record 2016-09-15. The firm will release dividend on 2016-09-29 while ex-dividend date is reported to be 2016-09-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Newmont Mining Corporation (NYSE:NEM) paid a total of $0.025 per share in dividends. This figure stood at $0.025 a share in the same period a year ago indicating a deviation of -55.5556%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $42.225 on the stock. This figure is the average of recommendations offered by 10 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $49 and $25.5, respectively.

Taking the mathematical rating formula, the price for Newmont Mining Corporation (NYSE:NEM) stands at 2.5. Earnings Review Newmont Mining Corporation (NYSE:NEM) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-26. For the period ending on 2016-09-30, experts are expecting EPS of $0.54.

Coming to the quarter ending on 2015-12-31, Newmont Mining Corporation (NYSE:NEM) recorded EPS of $0.44. The reported numbers came lower than the analysts’ estimates of $0.28, demonstrating a miss of $0.16 as against reported figures.

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