Gold is one of the most often held financial assets by investors. Like solid dividend stocks like Medtronic Plc and McDonald’s Corporation, Gold stocks can provide investors with gains and profits. In the year 2000, the golden metal was only valued at roughly $460 per ounce. Based on Oxford Economic research, Reuters examined potential situations. Central banks boosted their gold allotment in 2021, according to reports. Gold’s performance in the face of inflation has also been historically positive. During this time, the average annual return on gold was 15%.
Insider Monkey compiled a list of dividend-paying gold stocks popular among hedge funds this year. The materials firm Royal Gold, Inc. acquires and administers precious metal streams and royalties. The company primarily invests in gold, silver, copper, nickel, zinc, lead, and cobalt projects. It is ranked 10th on the list of the best gold dividend stocks. Kinross Gold Corporation is a gold mining company operating in the United States, Russia, Brazil, Chile, Ghana, and Mauritania. The company is ranked ninth on the list and is one of the finest gold dividend stocks. Barrick Gold Corporation ranks ninth on our list of the best gold stocks with dividends. The corporation owns gold mines in Argentina, Canada, Côte d’Ivoire, and the Democratic Republic of Congo, among other places. Kirkland Lake Gold Ltd. is another Canadian commodities firm. It is ranked sixth on our list of the best gold dividend stocks. The Fosterville and Macassa mines in Canada and the Detour Lake Mine in Australia are where the company’s interests lie. Gold Resource Corporation is a gold mining corporation established in the United States. It’s one of the top gold dividend stocks. The company’s third-quarter financial report indicated a $0.02 EPS and $17.26 million in revenue. For more details, click 10 Best Gold Stocks With Dividends.