Newmont Mining cuts dividend by 25%

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Newmont Mining will pay a quarterly dividend of $0.15 versus $0.20 in the previous quarter.
It's the fourth consecutive dividend cut by Newmont, that has attached its dividend policy to the gold price movement.

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Dividend cuts can signal a company's financial difficulties or a strategic shift in resource allocation. Here, we highlight the 10 companies in the USA with the largest dividend cuts in 2024 so far. Included are their dividend cuts, yields, year-to-date (YTD) stock performance, and latest stock prices, along with a brief description of their business activities. The two biggest cuts include two former dividend aristocrats : 3M (MMM) and Walgreens Boots Alliance (WBA).
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