NCMGF Dividend Yield 2026: Newcrest Mining Limited

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): Newcrest Mining Limited (NCMGF) pays a $1.68 annual dividend, yielding 10.00% at $15.20/share. Next ex-dividend date 2023-10-19. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 10.00%

Annual Dividend: $1.68 per share

Payout Ratio: 61.3%

Ex-Dividend Date: 2023-10-19

Sector: Basic Materials

Years of Dividend History: 25

About Newcrest Mining Limited Dividend

Newcrest Mining Limited dividend investors are looking at a gold and copper miner with operations spanning Australia, Papua New Guinea, Canada, and Ecuador, including flagship mines like Cadia and Lihir. The current yield stands at 10.0%, with trailing annual payments of $1.6823 per share. The ex-dividend date was October 19, 2023. With a beta of 0.694, NCMGF stock moves less than the broader market, which appeals to income investors who want commodity exposure without extreme price swings.

Dividend Safety

Newcrest Mining Limited pays out 61.3% of earnings as dividends, a payout ratio classified as elevated (60–75%). That level leaves a meaningful buffer above a 100% payout, supported by the company's diversified gold and gold/copper concentrate production across multiple operating mines. Newcrest Mining Limited dividend safety faces its clearest pressure from gold price volatility: as a precious metals producer, revenue is directly tied to commodity prices, and a sustained drop in gold prices would compress the earnings base that currently supports this payout.

Newcrest Mining Limited (NCMGF) Dividend Growth Rate, CAGR, and History

Newcrest Mining Limited dividend history shows a CAGR of 18.4% per year from 2002 to 2023. Per-share payments grew from $0.0500 to $1.7360 over that window. The largest annual increase in the window was 215.9% in 2023, reflecting the lumpy, commodity-driven nature of NCMGF's dividend rather than a steady annual raise program. The history also contains at least one year-over-year decline exceeding 5%, so growth has not been linear.

Newcrest Mining Limited Dividend Growth Rate (CAGR)

Period	CAGR	From	To
10-Year	+19.4%	$0.30 (2011)	$1.74 (2023)

Is Newcrest Mining Limited a Good Dividend Stock?

NCMGF stock fits dividend investors who want high current income from a gold mining business and can tolerate irregular payment patterns. The yield classification is high (above 4%), and at 10.0% today it sits well above the 5-year average of 5.81%, which means the current payout is historically elevated relative to its own baseline. The 61.3% payout ratio provides some earnings cushion, but the dividend has not grown in a straight line and has seen declines in the past. What an investor gets here is a double-digit yield from a globally diversified gold producer. What they accept is a dividend that moves with commodity cycles, not a predictable annual raise.

Recent Newcrest Mining Limited Dividend Payments

Payment Date	Amount per Share
2023-10-19	$1.1000
2023-08-18	$0.2860
2023-02-24	$0.3500
2022-08-26	$0.2860
2022-02-25	$0.0750
2021-08-26	$0.4001
2021-02-18	$0.1494
2020-08-21	$0.1745
2020-02-20	$0.0752
2019-08-22	$0.1452

Newcrest Mining Limited Annual Dividend History

Year	Total Dividends
2023	$1.7360
2022	$0.3610
2021	$0.5495
2020	$0.2497
2019	$0.2202

Related Basic Materials Dividend Stocks

• BHPLF — BHP Group Limited (3.90% yield)
• BHP — BHP Group Limited (3.90% yield)
• LIN — Linde plc (1.32% yield)
• RTNTF — Rio Tinto Group (4.55% yield)
• RIO — Rio Tinto Group (4.55% yield)
• SCCO — Southern Copper Corporation (1.97% yield)

Frequently Asked Questions

Does NCMGF pay dividends?

Yes, Newcrest Mining Limited (NCMGF) pays a $1.68 annual dividend per share, yielding 10.00%.

What is Newcrest Mining Limited's current dividend yield?

Newcrest Mining Limited's current dividend yield is 10.0%, which is well above its 5-year average yield of 5.81%. That gap means the stock is currently priced to deliver historically high income relative to its own baseline.

Has Newcrest Mining Limited ever cut its dividend?

Yes, the available dividend history contains at least one year-over-year decline exceeding 5%. The data shows payments dropped from $0.3669 in 2012 to $0.1247 in 2013, a sharp reduction. The history spans 2002 to 2023, so cuts outside that window are not captured here.

How fast has Newcrest Mining Limited grown its dividend?

Newcrest Mining Limited has grown its dividend at a compound annual growth rate (CAGR) of 18.4% per year from 2002 to 2023. That figure reflects the full window and includes years of both sharp increases and declines, so growth has been uneven rather than steady.

Is Newcrest Mining Limited a good dividend stock for income investors?

NCMGF offers a high (above 4%) yield of 10.0% and a 61.3% payout ratio that currently supports the payment. Income investors get substantial current yield, but the dividend has been cut before and moves with gold prices, so income is not predictable year to year.

Is Newcrest Mining Limited dividend safe?

The 61.3% payout ratio, classified as elevated (60–75%), leaves a buffer above a full earnings payout. However, Newcrest Mining Limited's revenue depends on gold and copper prices, and a commodity downturn directly pressures the earnings that fund the dividend.

Why is Newcrest Mining Limited dividend yield high?

The 10.0% yield reflects both a $1.6823 annual payment and the stock's current price. The payout ratio of 61.3% shows the company is directing a meaningful share of earnings to dividends, and the 2023 payment of $1.7360 per share was the highest in the available history.

How does Newcrest Mining Limited compare to its own historical yield?

At 10.0%, the current yield is nearly double the 5-year average of 5.81%. That gap shows today's yield is at the high end of what NCMGF has historically offered income investors.

Latest NCMGF News

• Newmont: Another Weak Production Quarter, Waiting For Newcrest Mining (NYSE:NEM) - Seeking Alpha — Seeking Alpha
• Newmont Acquisition Of Newcrest: Another Blow Coming Shareholders' Way - Seeking Alpha — Seeking Alpha

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