Newmont, Alcoa, and Hudbay Set to Trade Ex-Dividend Soon

Upcoming dividends for Newmont, Alcoa, and Hudbay will likely lead to stock price declines. As these companies prepare to trade ex-dividend, investors should be aware of the expected impacts on stock prices and potential yields moving forward.

Date: 28-02-2025

AI Rating: 5

Dividend Announcements: Newmont Corp (NEM), Alcoa Corporation (AA), and Hudbay Minerals Inc (HBM) are set to trade ex-dividend on 3/4/25. The announced dividends are $0.25 for NEM, $0.10 for AA, and $0.01 for HBM. This will result in expected price declines of approximately 0.59%, 0.30%, and 0.14% for these respective stocks.

Current Stock Prices and Estimated Yields: The estimated yields based on the upcoming dividends are 2.37% for NEM, 1.20% for AA, and 0.28% for HBM. The yields demonstrate potential returns for investors who may be considering these stocks, although they are generally less than robust. This may attract investors looking for dividend income, but the actual stock price declines may deter some short-term traders.

Market Performance: In Friday trading prior to the ex-dividend date, Newmont shares fell about 3.4%, Alcoa by 0.7%, and Hudbay saw a decline of 4.9%. These declines suggest negative sentiment in the market towards these stocks. Given that dividends can be indicative of a company’s financial health, the dip in prices may cause concerns for potential investors looking at these companies.

Overall Implications: The divestment expected when shares trade ex-dividend, coupled with the recent declines, can lead to increased volatility in the stock prices of NEM, AA, and HBM. Investors should carefully watch these stocks as they adjust to the upcoming dividend payments and the indications of their financial sustainability based on historical performance.

Stocks: NEM AA HBM