Newmont Corporation Updates Dividend Distribution Details

Newmont Corporation CHESS ( (AU:NEM) ) just unveiled an update.

Newmont Corporation has updated its previous announcement regarding its dividend distribution to include the currency exchange rate. The company will deduct a non-resident withholding tax as required by U.S. tax law, with a default rate of 30% unless a tax treaty benefit is claimed. Payments will be withheld for holders without valid banking details in Australia, New Zealand, or the United States, and those outside these regions will receive payments by cheque unless they provide valid instructions.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$95.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.

More about Newmont Corporation CHESS

Newmont Corporation is a leading company in the mining industry, primarily focused on the extraction and production of gold and copper. It operates globally, with a significant presence in North America, South America, Australia, and Africa, and is listed on the New York Stock Exchange.

Average Trading Volume: 547,306

Current Market Cap: A$90.1B

For a thorough assessment of NEM stock, go to TipRanks’ Stock Analysis page.