NEM 0.33% $77.98 newmont corporation

The dividend is so pathetic it would cost more to dispense it...

  1. 213 Posts.
    The dividend is so pathetic it would cost more to dispense it than it is worth. Nevertheless, this should theoretically be a good stock but the AUD/USD cross rate cruels it every time. Combine this with the lack of liquidity on the ASX and absence of traders and you have IMHO the reason for its underperformance. I'm just waiting for a good opportunity to get out (only a small holding anyway).
 
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