Newmont Offers Currency Choice with USD 0.25 Quarterly Dividend

Newmont's Latest Dividend Announcement

Newmont Corporation, a leading player in the gold mining sector, has declared an ordinary dividend of USD 0.25 per security for the quarter ending 30 September 2025. This announcement, made on 24 October 2025, confirms the company’s commitment to returning value to its shareholders amid ongoing market conditions.

The dividend will be paid on 22 December 2025, with an ex-dividend date of 25 November 2025 and a record date of 26 November 2025. These dates are critical for investors to ensure eligibility for the upcoming payment.

Currency Flexibility and Tax Considerations

Notably, Newmont offers security holders the option to receive their dividend payments in US dollars by default, or alternatively in Australian or New Zealand dollars. This currency election must be made by 26 November 2025, providing investors with flexibility to manage currency exposure and potentially mitigate foreign exchange risks.

The dividend is unfranked, meaning it does not carry Australian franking credits, and is subject to a 30% withholding tax rate. This withholding tax will affect the net income received by investors, particularly those based outside the United States.

Implications for Investors

For holders of Newmont’s CHESS Depositary Interests (CDIs) on the ASX, this dividend announcement reinforces the company’s steady income stream despite the volatility often seen in commodity markets. The ability to choose payment currency is a thoughtful feature, especially for investors in Australia and New Zealand who may prefer to avoid currency conversion fees.

However, the exact Australian dollar equivalent of the dividend will only be disclosed on 17 December 2025, after the payment date is set, introducing some uncertainty for investors calculating their expected returns in local currency terms.

Looking Ahead

As Newmont continues to navigate the complexities of global mining and commodity pricing, this dividend payment serves as a barometer of its financial health and shareholder focus. Investors will be watching closely for the forthcoming exchange rate disclosures and any shifts in dividend policy in future quarters.