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Newmont Corporation (NYSE:NEM) Announces Quarterly Dividend of $0.26
Newmont Corporation (NYSE:NEM) has declared a quarterly dividend of $0.26 per share, payable on June 22nd to shareholders of record on May 27th. The basic materials company reported strong first-quarter earnings, beating analyst estimates with $2.90 EPS on revenues of $7.31 billion, a 45.8% increase year-over-year. Analysts have a “Moderate Buy” rating on NEM, with a consensus price target of $139.81.