DGL

Newmont Updates Investors Ahead of Earnings

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Image Source: Newmont Corporation – January 2020 IR Presentation By Callum Turcan Back on January 13 (link here), we added Newmont Corporation (NEM) to our Dividend Growth Newsletter portfolio with a modest weighting as part of our shift towards more defensive names in light of rising exogenous headwinds to global economic activity. Some important considerations include Newmont increasing its quarterly payout to $0.25 per share from $0.14 per share, which is expected to be declared at the level in April 2020 (the fourth quarter of 2019 dividend, as management puts it, will be paid out in March 2020 at $0.14 per share). As of this writing, Newmont would yield ~2.2% at the new annualized dividend rate. We like Newmont’s dividend … Read more

Our Reports on Stocks in the Gold Mining Industry

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Images Source: Newmont Mining Structure of the Gold Mining Industry Gold miners are tied to the world price of gold, which depends on a number of demand drivers: industrial and jewelry; gold as an investment; central bank activity; inflation expectations; and speculative trading. If realized prices on the yellow metal fall and remain at low levels, mining profitability would be significantly impaired. Industry constituents must constantly seek to replace reserves depleted by production via new exploration, which remains a speculative activity. Unexpected project cost overruns remain another key risk. In general, we’re not huge fans of the volatile fundamentals of the gold mining sector. Several companies previously in this group have been reassigned to the Diversified Mining Industry here. << … Read more

Valuentum’s ETF Reports

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Image Source: GotCredit Welcome to Valuentum’s ETF coverage. If you’re new to the site, please be sure to access the stock reports and dividend reports as part of your membership. If you are looking for the archives to the Best Ideas Newsletter, they can be found here. The Dividend Growth Newsletter archives can be found here. The Exclusive and High Yield Dividend Newsletter have their own website with archives, the latter coming soon. To learn more about Valuentum’s ETF reports, please see  here . To request a report of an ETF we do not currently cover, please contact us. To access the relevant Valuentum reports for each major ETF category, please click on the respective link, “Click Here to Access Valuentum Report.” The links … Read more