Ex Dividend Dates ASX: Newmont (ASX:NEM) CDI Dividend Goes Ex on 24 November

Sonal Goyal

04 November 2026 10:49 PM AEDT

Ex Dividend Dates ASX: Newmont (ASX:NEM) CDI Dividend Goes Ex on 24 November

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Key Highlights

Newmont declared a quarterly Dividend of US$0.26 per share, with a Record Date of 25 November 2026 and payment on 21 December 2026.
The ASX CDIs are listed to go ex-dividend on 24 November.
The dividend is unfranked and declared in US dollars.
The indicated annualised dividend was maintained at US$1.04 per share.

Newmont Corporation (ASX:NEM) has declared a quarterly dividend of US$0.26 per share, with a record date of Wednesday 25 November 2026 and a payment date of Monday 21 December 2026, and its ASX-quoted CHESS Depositary Interests are listed to go ex-dividend on Tuesday 24 November. The gold miner's payment highlights a detail that matters for anyone tracking ex Dividend Dates on the ASX: when a company is listed in both New York and Australia, the two markets can have different ex-dates for the same dividend, because they operate on different settlement cycles. Newmont announced the dividend with its third quarter 2026 results on 22 October.

The Newmont Dividend Declared in October

Newmont's board declared a dividend of US$0.26 per share for the third quarter of 2026. The company said the dividend is payable on 21 December 2026 to holders of record at the close of Business on 25 November 2026. Newmont also restated its indicated annualised dividend of US$1.04 per share, equivalent to four quarterly payments at the current rate.

On the ASX, Newmont's dividend listings for 2026 show the CDI ex-dividend date as 24 November 2026, one business day before the record date. The payments are unfranked, as Newmont is a US-incorporated company that does not pay Australian company tax in a way that would generate franking credits.

Newmont's earlier ASX dividend listings for 2026 follow the same quarterly pattern, with ex-dates of 2 March, 26 May and 2 September 2026 and payments on 26 March, 22 June and 28 September respectively.

Why the ASX and NYSE Ex-Dates Can Differ

The difference comes down to settlement. US Equity markets settle trades one business day after execution, known as T+1. Under that cycle, the ex-dividend date and the record date generally fall on the same day, because a trade made the day before the record date settles on the record date.

The ASX settles trades two business days after execution, known as T+2. That means the ex-date for ASX-quoted securities must fall one business day before the record date. For Newmont, a CDI bought on the ASX on Monday 23 November would settle on Wednesday 25 November, in time for the record date. A CDI bought on Tuesday 24 November would settle on Thursday 26 November, too late.

Other dual-listed companies handle the timing in different ways. ResMed, which also has ASX-quoted CDIs and a NYSE listing, set a common ex-dividend date of 11 November 2026 for both markets for its current quarterly dividend, with a record date of 12 November, and used an ASX Waiver to defer conversions between CDIs and NYSE shares across those two days.

Third Quarter Results Behind the Payment

Newmont reported attributable gold production of about 1.3 million ounces for the September quarter, at all-in sustaining costs of US$1,454 per ounce on a by-product basis. Net Income attributable to shareholders was US$2.5 billion, or US$2.35 per diluted share, and adjusted net income was US$2.3 billion, or US$2.20 per diluted share.

The company generated US$1.9 billion in free Cash Flow during the quarter. It said it had repurchased US$1.6 billion of its shares since its previous earnings call, and ended the quarter with US$8.8 billion in cash and net cash of US$3.2 billion.

President and chief executive Natascha Viljoen said: "Newmont remains on track to achieve our full-year 2026 production guidance and improved full-year cost outlook."

Checking Ex Dividend Dates on the ASX for CDIs

For ASX investors in foreign companies, the key steps are the same as for any domestic share, with a few extra checks. The first is to confirm the ASX ex-date rather than relying on the US date, since the two can differ. The second is to note the currency in which the dividend is declared. Newmont declares its dividend in US dollars, so the amount received by an Australian holder depends on how the payment is converted.

The third is to understand the CDI ratio. A CDI is a unit that allows a foreign security to be traded and settled on the ASX, and the number of CDIs that make up one underlying share varies by company. ResMed, for example, has ten CDIs for each NYSE share, which is why its US$0.66 per share dividend equals US$0.066 per CDI. Each company's Appendix 3A.1 notice to the ASX sets out the per-CDI amount, the ex-date and the record date.

A final check is the gap to payment. Newmont's record date of 25 November precedes its payment by almost four weeks, so CDI holders who qualify will not receive the cash until 21 December. As with any ASX security, a holder who sells on or after the ex-date still receives the dividend, because entitlement is based on the register at the record date.

The Gold Price and Rate Backdrop

Newmont's dividend comes as the domestic Interest Rate setting has moved higher. The Reserve Bank of Australia raised the cash rate target by 25 basis points to 4.85 per cent on 3 November 2026, citing Inflation that "remains elevated", and said higher fuel and Commodity prices linked to the Middle East conflict were adding to inflation.

For a gold producer, the company's earnings are driven mainly by gold prices, production volumes and costs, all of which are reported in US dollars. Newmont's Capital returns in the September quarter combined the regular dividend with share repurchases, and the company maintained its indicated annualised dividend of US$1.04 per share.

Key Takeaways

Newmont Corporation has declared a quarterly dividend of US$0.26 per share, with a record date of 25 November 2026 and payment on 21 December 2026, and its ASX CDIs are listed to go ex-dividend on 24 November. The one business day gap reflects the ASX's T+2 settlement cycle, compared with T+1 in the United States. The dividend is unfranked and declared in US dollars. Newmont's third quarter results showed about 1.3 million attributable ounces, free cash flow of US$1.9 billion and net cash of US$3.2 billion.

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