If you are a seasoned investor, you already know that not all commodity stocks in the market offer dividends. This story somehow changes with gold, as gold stocks are known to give dividends regularly. But of course, not unless you found the right stocks to purchase, you cannot enjoy what gold dividend can really offer.
You have to be reminded that there are some gold dividend stocks that are not secure. Instead of earning, you might end up getting losses. Sure, everyone wants stability, hence, they choose gold stocks. But just like with any types of stocks, gold is also affected by fluctuation. Do not worry though, as of the moment, gold is still one of the most stable types of stocks to invest in.
Moving on, if you are still unsure on where to invest, here are a few of the best gold dividend stocks you can rely on.
Royal Gold
One of the reasons why you would lean on Royal Gold is their good history. Currently, their dividend has been increasing for more than 16 years and still counting. Compared to other companies, they are not a mining company, instead, they are one of the streaming companies that is supporting miners with their finances and in return, they can buy metals at a low price.
This is a win-win both for Royal Gold and its investors, as they do not need to spend a humongous amount of money mining and extracting precious metals, and they can also buy them at a low cost.
Franco – Nevada
They are also one of the streaming companies out there. True enough that investing in one of the streaming companies is a much more ideal option compared to investing directly in mining companies. Although Franco-Nevada is not as reliable and competent as Royal Gold, their 9 years of continuous growth is more than enough to put them on top of Gold dividend stocks ladder.
Apart from gold, they are also investing in other assets like gas and oil.
Agnico-Eagle Mines
For others, dividends from Agnico Eagles can be wobbly but in terms of their miner industry, it has never missed dividends since the year 1983. Imagine, how long have they been providing their investors with dividends, and lucky to those who were with them since the year their dividends started to grow.
Previous years were strong for them, with huge increases with their output, their dividend will surely break barriers and can make investors enjoy the yield of the dividend.
Newmont Mining
What they are known for is the security they can offer their investors. In terms of security, they offer a fixed dividend amount which investors who are not up for risks can enjoy.
Investing in gold dividend stock does not give 100% assurance of success. Any stock, even how strong it is today may not give you assurance. Market fluctuates, so do the assets in it. Even how good gold is today, you are not guaranteed of its future. But currently, gold is still the most reliable investment you can consider.