DENVER(Commodity Online): Newmont Mining Corporation announced that it had a quarterly dividend of $0.35 per share of common stock, payable on March 29, 2012, to holders of record at the close of business on March 15, 2012.
Richard O'Brien, President and Chief Executive Officer of Newmont said,"The 133% increase in our dividend compared to the first quarter of 2011 demonstrates our commitment to returning capital to shareholders. Our shareholders continue to benefit from our pre-eminent gold price-linked dividend policy"
The first quarter 2012 dividend of $0.35 per share was declared in consideration of Newmont's fourth quarter 2011 average realized gold price of $1,670 an ounce
Also, Newmont Mining Corporation of Canada Limited (TSX: NMC) stated that it had a regular quarterly dividend of CAD $0.35 per share on its exchangeable shares, payable March 29, 2012 to holders of record at the close of business on March 15, 2012.
