Investor Centre

Dividends

Dividend policy

Newcrest looks to pay ordinary dividends that are sustainable over time having regard to its cash flow generation, its reinvestment options in the business and external growth opportunities, its financial policy metrics and its balance sheet strength.

Newcrest targets a total annual dividend payout of 30-60% of free cash flow generated for the financial year, with the annual total dividends being at least US$ 15 cents per share on a full year basis.

The declaration of any future dividend remains at the discretion of the Newcrest Board, having regard to circumstances prevailing at that time.

2021 Final Dividend

Receipt of dividend statements by shareholders on the PNG share register with a PNG address who have not supplied an email address may be delayed due to COVID-19 restrictions in PNG and delays in processing/mailing the dividend statements by PNG Registries Limited and/or Post PNG.

Please note that shareholders with a registered address in Australia, Papua New Guinea or New Zealand must ensure they have provided bank account details in order to receive their dividend.

Action

Date

Announcement

Thursday, 19 August 2021

Ex-Dividend Date

Thursday, 26 August 2021

Record Date and Currency Conversion Date

Friday, 27 August 2021

Election Date - final date to elect to participate in DRP and receive foreign currency

Monday, 30 August 2021

VWAP* period begins for DRP

Tuesday, 31 August 2021

VWAP* period ends for DRP

Monday, 6 September 2021

Payment/Issue Date

Thursday, 30 September 2021

The subscription amount for shares allotted under the DRP will be an amount in cents that is the arithmetic average of the daily volume weighted average sale price for Newcrest shares sold on the ASX during the VWAP period (31 August - 6 September 2021) rounded down to the nearest full cent.

Dividend History

Payment Amount

(¢)

Franking Status

(%)

DRP Price

(AU$)

2021 Final Dividend

US 40.0

100

TBC

2021 Interim Dividend

US 15.0

100

24.86

2020 Final Dividend

US 17.5

100

31.78

2020 Interim Dividend

US 7.5

100

27.88

2019 Final Dividend

US 14.5

100

36.48

2019 Interim Dividend

US 7.5

100

24.74

2018 Final Dividend

US 11

100

19.16

2018 Interim Dividend

US 7.5

100

19.85

2017 Final Dividend

US 7.5

70

21.46

2017 Interim Dividend*

US 7.5

0

22.56

2016 Final Dividend*

US 7.5

0

22.49

2016 Interim Dividend

AU 0

0

0

2015 Final Dividend

AU 0

0

0

2015 Interim Dividend

AU 0

0

0

2014 Final Dividend

AU 0

0

0

2014 Interim Dividend

AU 0

0

0

2013 Final Dividend

AU 0

0

0

16/04/2013*

AU 12

0

20.83

19/10/2012**

AU 23

15

28.25

17/04/2012*

AU 12

0

29.58

16/12/2011*

AU 20

0

24.77

21/10/2011*

AU 20

0

34.79

15/04/2011*

AU 10

0

37.17

22/10/2010*

AU 20

0

39.76

16/04/2010*

AU 5

0

33.31

16/10/2009*

AU 15

0

34.07

17/10/2008*

AU 10

0

25.76

27/09/2007*

AU 5

0

24.41

13/10/2006*

AU 5

0

20.55

14/10/2005*

AU 5

49

19.81

15/10/2004

AU 5

100

14.6

18/10/2003

AU 5

100

11.01

10/10/2002

AU 5

100

6.94

19/10/2001

AU 5

100

3.83

20/10/2000

AU 5

100

3.89

11/10/1996

AU 12.5

0

4.15

16/10/1995

AU 18.75

0

5.36

8/04/1994

AU 12.5

0

-

8/04/1993

AU 12.5

0

-

10/04/1992

AU 2.5

0

-

12/04/1991

AU 2.5

0

-

14/04/1989

AU 2.5

0

-

15/02/1998

AU 5

0

-

2/02/1987

AU 4

0

-

Mandatory Direct Credit of Dividends

Newcrest has moved to Mandatory Direct Credit of dividends for Shareholders with a registered address in either Australia, Papua New Guinea or New Zealand. 

Those Shareholders unable to receive their dividends by way of cheque and will need to provide bank account details to share registry, Link Market Services (Link) if they have not already done so.

Shareholders are encouraged to provide their bank account details, for payment of Newcrest dividends, as soon as possible. Those Shareholders who have already provided bank account details to Link, please check that the details are still current and correct.

Shareholders can provide/update their bank details on the Link Market Services website.

Payment currencies

Newcrest changed its reporting currency from Australian dollars to US dollars in 2015. As a result, dividends are now determined in US dollars.

Shareholders will receive their dividend in Australian dollars unless:

(a) they have:

  • nominated a PNG kina bank account domiciled in PNG by a nominated time and date; or
  • a registered address in PNG and have not nominated an Australian dollar bank account domiciled in Australia or a US dollar bank account domiciled in the United States of America or a NZ dollar bank account domiciled in New Zealand by a nominated time and date, in which case they will receive their dividend in PNG kina; or

(b) they have nominated a US dollar bank account domiciled in the United States of America by a nominated time and date, in which case they will receive their dividend in US dollars; or

(c) they have nominated a NZ dollar bank account domiciled in New Zealand by a nominated date and time, in which case they will receive their dividend in NZ dollars.

As dividends are determined in US dollars, for payments to be made in Australian dollars, Papua New Guinea kina or New Zealand dollars, conversion into the relevant currency will be based on the foreign currency exchange rates applicable on the relevant Record Date.

Dividend reinvestment plan

The Newcrest Dividend Reinvestment Plan (DRP) provides shareholders with a convenient way to increase their shareholding in Newcrest by reinvesting all or part of their dividends in additional shares.

Key features of the DRP are:

  • At each dividend payment date, dividends on shares nominated to be the subject of the DRP are automatically invested in new Newcrest shares
  • No discount currently applies to allotments under the DRP
  • Participants pay no brokerage or other costs. Upon allotment the shares rank equally with existing fully paid ordinary shares
  • Shares allotted under the DRP are credited directly to the participant's holding
  • A statement is sent to participants after each dividend payment date
  • Participant's may join, vary their participation, or withdraw from the DRP at any time prior to the closing date for an allotment by completing the DRP Form and returning to the Share Registry
  • The shareholder's Australian tax position in respect of the dividend payment remains unchanged whether or not such shareholder elects to participate in the DRP
  • Shareholders in other jurisdictions must seek their own advice regarding taxation implication of the DRP outside Australia

Due to legal complexities and high compliance costs shareholders in the USA, Canada or Japan may not participate in the DRP.

If you wish to participate in the DRP or vary your existing participation please complete the DRP Form and return to the Share Registry.

A copy of the DRP Rules and participation form are accessible through the following links:

For further information please contact the Newcrest share registry Link Market Services on 1300 554 474 or registrars@linkmarketservices.com.au