Newmont Announces 50% Increase to Regular Quarterly Dividend

Published on Wednesday, 28 July 2010 17:34 Written by TradersHuddle Staff

DENVER, July 28 /PRNewswire-FirstCall/ -- The Board of Directors of Newmont Mining Corporation (NYSE: NEM) today declared an increase in the Company's regular quarterly dividend from $0.10 per share of common stock to $0.15 per share of common stock, payable September 29, 2010 to holders of record at the close of business on September 8, 2010.

In addition, Newmont Mining Corporation of Canada Limited (TSX: NMC) today declared a regular quarterly dividend of Cdn $0.1554 per share on its exchangeable shares, payable September 29, 2010 to holders of record at the close of business on September 8, 2010.  This dividend is designated as an "eligible dividend" for Canadian tax purposes.

SOURCE Newmont Mining Corporation