Thomas Palmer Sells 16,045 Shares of Newmont Co. (ASX:NEM) Stock

Newmont Co. (ASX:NEM) insider Thomas Palmer sold 16,045 shares of the company’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of A$42.93 ($27.00), for a total transaction of A$688,811.85 ($433,215.00).

Newmont Price Performance

The company has a market cap of $53.36 billion, a PE ratio of -44.32 and a beta of 0.51.

Newmont Increases Dividend

The company also recently disclosed a Final dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 26th will be issued a dividend of $0.275 per share. This represents a dividend yield of 0.39%. The ex-dividend date is Sunday, March 2nd. This is a positive change from Newmont’s previous Final dividend of $0.27. Newmont’s dividend payout ratio (DPR) is presently -31.78%.

Newmont Company Profile

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.