Looking at the universe of stocks we cover at Dividend Channel, on 12/8/21, Newmont Corp (Symbol: NEM) will trade ex-dividend, for its quarterly dividend of $0.55, payable on 12/28/21. As a percentage of NEM’s recent stock price of $55.09, this dividend works out to approximately 1.00%, so look for shares of Newmont Corp to trade 1.00% lower — all else being equal — when NEM shares open for trading on 12/8/21.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NEM is likely to continue, and whether the current estimated yield of 3.99% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of NEM shares, versus its 200 day moving average:
Looking at the chart above, NEM’s low point in its 52 week range is $52.60 per share, with $75.31 as the 52 week high point — that compares with a last trade of $55.21.
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In Monday trading, Newmont Corp shares are currently up about 0.8% on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Source: Nasdaq
