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News articleSeeking Alpha· February 20, 2026

Newmont outlines $1.1B annual dividend and targets 6M ounces gold output amid revised capital allocation framework

View original at seekingalpha.com
Newmont outlines $1.1B annual dividend and targets 6M ounces gold output amid revised capital allocation framework Earnings Call Insights: Newmont Corporation (NEM) Q4 2025 MANAGEMENT VIEW * Natascha Viljoen, CEO, stated that she transitioned into her new role at the start of the year and will continue to focus on safe…
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  • 2026 represents a trough in production cycle due to planned mine sequencing, with return to production growth in 2027 and beyond

    80% confidence
  • Company will pay a sustainable cash dividend of $1.1 billion per year, creating significant per share growth potential

    80% confidence
  • Current discussions with Barrick have been predominantly around improvement of Nevada performance

    80% confidence
  • Gold reserve base stands at 118 million ounces, supported by 149 million ounces of gold resource, representing approximately 40 years of production life

    80% confidence
  • Nevada Gold Mines is an ongoing partnership at the moment with JV partners

    80% confidence
  • Long-term outlook maintained at approximately 6 million ounces of gold and 150,000 tonnes of copper annually

    80% confidence
  • Focus will continue on safety, embedding efficiency, improving operational consistency, developing high-return projects, and enhancing shareholder returns

    80% confidence
  • Net cash target is $1 billion plus or minus $2 billion, with commitment to buybacks above net cash thresholds

    80% confidence
  • Portfolio of assets was deliberately built with intent to develop and grow it in a disciplined manner

    80% confidence
  • Newmont achieved its full year guidance, improved operational performance, and strengthened its financial position

    80% confidence
  • Quarterly common dividend increased by 4% with predictable future growth potential

    80% confidence

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