Looking at the universe of stocks we cover at Dividend Channel, on 6/9/15,
As a percentage of NEM's recent stock price of $25.95, this dividend works out to approximately 0.10%, so look for shares of Newmont Mining Corp. to trade 0.10% lower — all else being equal — when NEM shares open for trading on 6/9/15. Similarly, investors should look for FNV to open 0.42% lower in price and for LNCO to open 1.01% lower, all else being equal.
Below are dividend history charts for NEM, FNV, and LNCO, showing historical dividends prior to the most recent ones declared.
Newmont Mining Corp. (NYSE: NEM):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.39% for Newmont Mining Corp. , 1.70% for Franco-Nevada Corp, and 12.08% for LinnCo, LLC.
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In Friday trading, Newmont Mining Corp. shares are currently down about 3.2%, Franco-Nevada Corp shares are off about 2.1%, and LinnCo, LLC shares are down about 0.5% on the day.
