Gold producer Newmont Mining Corporation (NYSE:NEM) refined its policy for making dividend payments based upon the price of gold, as the value of the precious metal continues to climb. In April 2011, the company unveiled a plan to base its dividend payments on gold prices.
Under the new policy, Newmont’s dividend payments will continue to be linked to changes in the price of gold, yet will now allow for an additional 7.5 cents a share when Newmont’s realized gold price for a quarter exceeds $1,700 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards