Newcrest surprises with bigger dividend

NEWCREST Mining has lifted its dividend by 14% and has a positive outlook for the coming year as the gold price sits near record highs.

Newcrest surprises with bigger dividend Newcrest surprises with bigger dividend Newcrest surprises with bigger dividend Newcrest surprises with bigger dividend Newcrest surprises with bigger dividend

Newcrest CEO Sandeep Biswas

The company's full-year underlying profit rose by 34% to US$750 million, while statutory profit was 15% higher at $647 million.

Revenue rose 5% to $3.9 billion, while EBITDA was up 10% to $1.