The Definitive Guide to Gold Dividend Stocks

It’s one of the biggest gripes among anti-gold investors: Gold bullion doesn’t pay a dividend, nor does it produce any other kind of income. However, there are several gold stocks that do pay dividends. And in just one minute, I’ll reveal the top three gold stocks that are currently paying the highest annual dividends. Plus, I’ll tell you about the top silver dividend-paying stock. But first, you need to understand something about gold dividend stocks… Gold dividend stocks Gold companies have never thrilled investors with their dividend payments. And investors looking for regular high-yield annual dividends of +5% aren’t going to find them among gold stocks. In fact the highest dividend yielding gold stock right now only offers a 2.5% annual return. But I’ve recently found over a dozen energy stocks alone that are paying 8% to 12% annual yields . Skimpy dividend payments keep gold stocks out of dividend funds. Typically, stocks need a minimum yield of about 2%, and have consistent dividend growth for 5 to 10 years to be considered candidates for the dividend investment category. Yet, while gold stocks have not historically offered much in the way of dividends, increasing commodity prices are prompting many gold companies to boost yields and even initiate new dividend programs. Dividends are rising among gold stocks Back in March, Yamana Gold (NYSE: AUY ) began to increase their dividend payment as the rising price of gold drove up revenue. Since that time, the company has doubled its dividend payments. Take a look: Yamana is currently paying a 0.80% annual dividend yield. Other gold companies are increasing their dividend payments as well. Recent gold stocks to boost dividend payouts include: Newcrest Mining (ASX: NCM ) increased their annual dividend this year by 33% to $0.20 per share after the company saw net profit more than double for the year. Kinross Gold (NYSE: KGC ) has kept the company’s semi-annual dividend steady for the past 12 months at $0.05 per share. However, it was increased 25% during the third quarter of 2009. AngloGold Ashanti (NYSE: AU ) dropped their most recent semi-annual dividend payment slightly from $0.092 to $0.09. However, the company has increased their semi-annual yield by 73% from the spring 2009 payment of just $0.052 per share. Newmont Mining (NYSE: NEM ) just raised their quarterly dividend by 50% from $0.10 to $0.15 per share as production revenue rose. Eldorado Gold (NYSE: EGO ) announced the inaugural annual dividend payment of $0.05 per share in February. Even with recent increases, dividend yields among gold stocks are still relatively low. Most annual dividend yields from the world’s largest gold companies are still under 1%. However, there are a few that pay a little more… The top 3 gold dividend stocks Company: Barrick Gold Annual Dividend: 1.05% Barrick Gold (NYSE: ABX ) just increased the company’s quarterly dividend by 20% to $0.12 per share as profits soar for the world’s largest gold firm. If Barrick maintains quarterly dividends at current levels, the company will pay a 1.05% annual dividend. Company: Gold Fields Annual Dividend: 1.25% Gold Fields (NYSE: GFI ) has raised and lowered its dividends based on revenue from the company’s major South African gold production and processing operations over the past several years. The stock is currently paying …

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The Definitive Guide to Gold Dividend Stocks

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