Newmont Mining announced at their annual Investors Day conference that the company will be changing their dividend policy in order to link future payments directly to gold prices.
Rio Tinto announced today that the company will pay a final dividend of $.63 per share which effectively doubles their dividend payment from last year.
More important than the dividend increase was Siemens acknowledgement of a clear dividend policy for the first time in the company’s history.
Anglo American will restore their dividend that was suspended in 2008 in the wake of massive cost cutting measures.
Diamond Offshore Drilling announced today that the company will cut their quarterly dividend by 45% due to uncertainty on the drilling moratorium in the Gulf of Mexico.
In an indication that the global economy is improving, Sasol Ltd. announced today that they are resuming their dividend growth policy.
Freeport-McMoRan Copper & Gold announced today that the company will double their dividend from $.60 per share to $1.20 per share.