Newmont Corporation
NEMBasic Materials · Stock · quarterly payer
Forward Yield
0.84%
Annual Dividend
$1.04
Payout Ratio
13%
5-Yr Growth
3.2%
Ex-Date
Sep 3, 2026
Frequency
Quarterly
Summary
As of September 2026, Newmont Corporation (NEM) yields 0.84% ($1.04 per share annually), with a blended fair-value estimate of $149.52 — +21% upside, so it screens as undervalued. Dividend safety grade: B (69/100).
Is NEM a good dividend stock?
Yes, with caveatsNewmont Corporation (NEM) pays a quarterly dividend yielding 0.84% ($1.04/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (13%)
- 129% total price return over 5 years
Risks
- Cut its dividend in 2024
Key Data
- Dividend Yield
- 0.84%
- Payout Ratio
- 13%
- Annual Dividend
- $1.04
- 5-Yr Avg Growth
- 3.2%
- Ex-Dividend Date
- Sep 3, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.54
- Market Cap
- $130.0B
- P/E Ratio
- 15.5
- 5-Yr Total Return
- 129%
- 52-Week Range
- $76.05 – $135.29
- Dividend Safety
- B · 69/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
NEM Price — Last 12 Months
Daily close
Price Return
1 Year
+52%
3 Years
+229%
5 Years
+129%
52-Week Range
$76.05 – $135.29
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NEM worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Newmont Corporation is $149.52 per share, versus a market price of $123.41. That implies 21% of upside — a margin of safety of about 17%.
Fair Value
$149.52
Current Price
$123.41
Upside
+21%
Margin of Safety
17%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 13.6% annual free-cash-flow growth. We model 10.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), 10.9% stage-1 growth, 2.5% terminal growth, $7.94 EPS, $1.04 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NEM Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 3, 2026 | — | $0.2600 | regular |
| May 27, 2026 | — | $0.2600 | regular |
| Mar 3, 2026 | — | $0.2600 | regular |
| Nov 26, 2025 | — | $0.2500 | regular |
| Sep 4, 2025 | — | $0.2500 | regular |
| May 27, 2025 | — | $0.2500 | regular |
| Mar 4, 2025 | — | $0.2500 | regular |
| Nov 27, 2024 | — | $0.2500 | regular |
| Sep 5, 2024 | — | $0.2500 | regular |
| Jun 4, 2024 | — | $0.2500 | regular |
| Mar 4, 2024 | — | $0.2500 | regular |
| Nov 29, 2023 | — | $0.4000 | regular |
| Sep 6, 2023 | — | $0.4000 | regular |
| May 31, 2023 | — | $0.4000 | regular |
Income Calculator
At $1.04 / yr per share
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