Newmont (TSX: NGT; NYSE: NEM) kicked off the second week of January with an announcement that it is dropping Goldcorp from its name and is also raising its quarterly dividend 79% to 25 ? per share, or US$1.00 per share a year, starting in April, in line with its commitment to return cash to shareholders.In addition, the company says it plans to continue its recently announced stock repurchase prog...Read More
I hope everyone is having an excellent start to the new year.2019 will be remembered as the year that set the table for a raging commodities bull market that will kick into high gear in 2020.On the policy front, the Fed went from a stated goal of balance sheet tightening to a complete reversal and capitulation to Wall Street, which resulted in multiple rate cuts and a stance that leads me to belie...Read More
Share this articleVANCOUVER - Newmont Corp. is boosting its quarterly dividend by 79 per cent while also dropping reference to Canadian company Goldcorp as part of a centenary-year rebranding.The Denver-based company says the dividend will increase to 25 cents per share.It was only in April last year that Newmont changed its name to Newmont Goldcorp Corp. after it closed a takeover of the Vanco...Read More
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