Newmont is GDX’s third-largest holding with a weight of 8.2%. Agnico-Eagle, Eldorado and New Gold combine for about 10% of GDX’s weight.
Newmont has already cut its dividend this year, as have Barrick Gold (NYSE: ABX), Kinross Gold (NYSE: KGC) and Fresnillo, the world’s largest silver miner and the second-largest Mexican gold producer. [Silver Miners ETF Slammed on Fresnillo Dividend Cut]
GDX had a 30-day SEC yield of 1.39% as of Nov. 22.
Market Vectors Gold Miners ETF
