Late last night, Newmont Mining (NYSE:NEM) declared its quarterly dividend of 20 cents per share, an increase of about 33% over its prior dividend. Based on the current stock price, investors can expect a yield of about 1.4% going forward.
Shares of Newmont were higher on the news, picking up 0.5% today.
In other dividend news, Encana (NYSE:ECA) maintained its quarterly dividend of 20 cents per share. Paccar (NASDAQ:PCAR) maintained its quarterly dividend of 12 cents per share. Public Service Enterprise Group (NYSE:PEG) maintained its quarterly dividend of 34.25 cents per share. And Stanley Black and Decker (NYSE:SWK) maintained its quarterly dividend of 41 cents per share.
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