Newmont has delivered record full-year and fourth quarter 2020 results, meeting full-year guidance and increasing our quarterly dividend to $0.55 per share. We generated a record $3.6 billion in Free Cash Flow, while continuing to execute wide-ranging COVID controls across our operations and offices to put the health, safety and overall wellbeing of our workforce and neighboring communities above all else.

'Newmont continues to set the standard as the clear industry leader in shareholder returns, which we further differentiated with the 38 percent increase in our quarterly dividend, bringing our annualized dividend rate to $2.20 per share. With this increase, our current dividend yield places us in the top 25 dividend payers of the large cap S&P 500.

'Our framework is underpinned by confidence in our world-class portfolio and our disciplined operating model and allows Newmont to return cash to shareholders whilst we continue to advance profitable projects and maintain financial strength and flexibility.'

- Tom Palmer, President and Chief Executive Officer

To learn more about Newmont's 2020 full-year and fourth quarter performance highlights, watch the video below.

Investors are encouraged to refer to our Q4 and year-end earnings release available here for additional information regarding performance, dividends, returns to shareholders, reconciliation of FCF and legal notes.

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Newmont Mining Corporation published this content on 18 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2021 17:16:05 UTC.