Newmont Corporation Declares $0.26 Quarterly Dividend

Newmont Corporation (NYSE: NEM), a global gold mining company, declared a quarterly dividend of $0.26 per share of common stock for the first quarter of 2026, the company announced April 23, 2026. Read more dividend announcements.

The dividend is payable June 22, 2026, to shareholders of record at the close of business on May 27, 2026. The payment is part of Newmont's sustainable through-the-cycle cash dividend framework, which commits $1.1 billion annually to shareholders.

Newmont's dividend framework is structured to grow on a per-share basis without increasing the company's total financial commitment. The annual per-share dividend target is calculated each February based on the current number of shares outstanding, then divided into four equal quarterly payments rounded to the nearest $0.01.

First Quarter Financial Performance

Newmont reported record financial results for the first quarter of 2026. The company generated $3.1 billion in free cash flow and produced approximately 1.3 million attributable gold ounces during the period.

Net income reached $3.3 billion, while adjusted net income totaled $3.2 billion, or $2.90 per diluted share. Adjusted EBITDA came in at $5.2 billion. Cash from operating activities totaled $3.8 billion, net of working capital impacts of $202 million.

The company ended the quarter with $8.8 billion in cash and $12.8 billion in total liquidity, including $4.0 billion available on a revolving credit facility. Newmont reported a net cash position of $3.2 billion.

Gold by-product all-in sustaining costs were $1,029 per ounce, benefiting from favorable silver and copper sales volume and prices, ongoing cost initiatives, and lower sustaining capital spending.

Share Repurchase Program Expanded

Newmont's board authorized an additional $6.0 billion share repurchase program. The company has executed and settled $6.0 billion in total share repurchases under previous authorizations through the date of filing, including $2.4 billion since the last earnings call in February.

Since the February earnings call, Newmont delivered $2.7 billion to shareholders through share repurchases and dividend payments.

The company received net cash proceeds of approximately $321 million from the sale of equity investments in SolGold and Greatland Resources Limited, plus contingency payments related to prior asset sales. Total after-tax proceeds from the non-core divestiture program have exceeded $4.6 billion to date.