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12 Best Gold Stocks With Dividends

In this article, we will take a detailed look at the 12 Best Gold Stocks With Dividends. For a quick overview of such stocks, read our article 5 Best Gold Stocks With Dividends.

As investors look to 2024 for new market dynamics where the Fed is expected to begin cutting interest rates, gold investors are assessing the situation and evaluating what comes next for the precious metal which always remains relevant. Ben Emons, NewEdge Wealth Sr. Portfolio Manager & Head of Fixed Income, said in a program on CNBC that gold is expected to perform better in 2024 since the precious metal has fared well during periods of easy monetary policies. The analyst also said that risks in the market could fuel gold price in 2024 as investors flock to gold for hedging against inflation and risks. Emons cited the upcoming election and possibility of recession as catalysts for gold price in 2024.

The Netherlands-based financial services company ING Group also said in a report that gold’s rally seen in 2023 fueled by geopolitical risks and uncertainties is expected to continue in 2024. The report said that gold prices rose after war broke out between Hamas and Israel earlier this year but despite the tensions now easing in the Middle East, gold price remains elevated. ING said its economists expect the Federal Reserve to begin slashing interest rates in May 2024. They are expecting 150bp of rate cuts next year in total, with a further 100bp in early 2025. The ING report said these rate cuts would support gold in 2024.

We believe gold prices will be supported going into 2024 amid a weaker US dollar on the back of US monetary easing. The risk of tensions escalating in the Middle East should also provide support to the precious metal. We expect gold prices to hit fresh highs next year and to average $2,100/z in 4Q, with a 2024 average of $2,031/oz on the assumption that the Fed starts cutting rates in the second quarter of next year, the dollar weakens, safe-haven demand continues amid global economic uncertainty and central bank buying remains at high levels. Downside risks revolve around US monetary policy and dollar strength. The higher-for-longer narrative could see a stronger dollar for longer and weaker gold prices. Meanwhile, geopolitical instability offers upside risks for the gold market in 2024.

Methodology

For this article we scanned Insider Monkey’s database of 910 hedge funds and picked 12 dividend-paying gold stocks with the highest number of hedge fund investors. Some top names in the list include Newmont Corporation (NYSE:NEM), Agnico Eagle Mines Ltd (NYSE:AEM) and Barrick Gold Corp (NYSE:GOLD).

A closeup view of a large gold mine, illustrating the company’s gold properties.

12. SSR Mining Inc. (NASDAQ:SSRM)

Number of Hedge Fund Investors: 14

Headquartered in Canada, SSR Mining Inc. (NASDAQ:SSRM) has a dividend yield of 2.58% as of December 14. As of the end of the third quarter of 2023, 14 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in SSR Mining Inc. (NASDAQ:SSRM).

Last month SSR Mining Inc. (NASDAQ:SSRM) posted third quarter results. Adjusted EPS in the period came in at $0.26. Revenue in the quarter jumped 131.3% year over year to $385.39 million.

Palm Valley Capital Management made the following comment about SSR Mining Inc. (NASDAQ:SSRM) in its Q3 2023 investor letter:

“We did not fully sell any positions during the third quarter. We purchased four new names: Avista Corporation (ticker: AVA), Farmland Partners (ticker: FPI), Equity Commonwealth (ticker: EQC), and SSR Mining Inc. (NASDAQ:SSRM). We believe these opportunities materialized because higher interest rates are disproportionately impacting investor sentiment toward certain sectors, even as capitalization-weighted, tech-heavy indexes have powered through the headwinds.

SSR Mining is back in the Fund after a brief hiatus. SSR is a precious metals producer with four mines located in the United States, Turkey, Canada, and Argentina. The company is selling at a meaningful discount to its tangible book value and our calculated net asset value. SSR has a very strong balance sheet with more cash than debt and $4.6 billion in stockholders’ equity. Furthermore, the firm has a history of generating free cash flow, buying back stock, and paying a sustainable dividend.”

11. Sibanye Stillwater Ltd (NYSE:SBSW)

Number of Hedge Fund Investors: 16

Sibanye Stillwater Ltd (NYSE:SBSW) is a high-dividend yield stock in our list of the best gold stocks with dividends. A total of 16 hedge funds in Insider Monkey’s database of 910 hedge funds had stakes in Sibanye Stillwater Ltd (NYSE:SBSW).

Recently, BMO Capital downgraded the stock to Market Perform from Outperform and cut the stock’s price target to $6 from $11. BMO is concerned about weakness in platinum group metals prices, execution risk and lack of visibility on Sibanye Stillwater Ltd’s  (NYSE:SBSW) battery metals portfolio.

The biggest stakeholder of Sibanye Stillwater Ltd (NYSE:SBSW) during this period was Cliff Asness’s AQR Capital Management which owns a $31 million stake in Sibanye Stillwater Ltd (NYSE:SBSW).

10. Osisko Gold Royalties Ltd (NYSE:OR)

Number of Hedge Fund Investors: 18

Canadian company Osisko Gold Royalties Ltd (NYSE:OR) owns royalties in gold, silver and diamond mines. Last month Osisko Gold Royalties Ltd (NYSE:OR) declared a quarterly dividend of CAD 0.06 per share. The dividend is payable on January 15.

A total of 18 hedge funds out of the 910 funds tracked by Insider Monkey were long Osisko Gold Royalties Ltd (NYSE:OR) as of the end of the third quarter of 2023.

The company in Q3 earnings call talked about its projects and future expectations:

Recent global events have all served to underpin our belief that maintaining a high exposure to Tier 1 and well-established mining jurisdictions is more important now than ever. So switching gears a little bit. I’d like to quickly touch on the balance sheet. At the quarter end, we had net debt of $245 million, placing us in a sound financial position and one that we look to strengthen. As we stated previously, the covenant performance is exceptionally strong on the facility with cash margins of 93%. And on our equity investments held on the balance sheet, we will continue to balance our own need for incremental funding against our perception of what fair value is for the various positions held. So in closing, Osisko remains well positioned to continue its growth path.

Further to this, positive catalysts continue to unfold across the asset base, as indicated in our optionality bar. Assets that will further add to OR’s growth towards the end of the decade and beyond. And a couple of examples include the upcoming final feasibility study for Hermosa first sub 30 — from South32 at Hermosa, now expected to be released to the market in the first quarter of 2024. Ongoing construction milestones at both TZ and Namdini, as these 2 projects work their way towards first production in late 2024. And the results from the Marimaca copper feasibility study likely also coming in 2024 with the recent appointment of Asanko Chile to lead the engineering efforts. So having now spent several months in the seat working with the team here, I wanted to make 2 closing statements as this will be my last quarterly call.

Read the entire earnings call transcript here.

Like OR, hedge funds also like Newmont Corporation (NYSE:NEM), Agnico Eagle Mines Ltd (NYSE:AEM) and Barrick Gold Corp (NYSE:GOLD).

9. B2Gold Corp (NYSE:BTG)

Number of Hedge Fund Investors: 19

B2Gold Corp (NYSE:BTG) has pulled back significantly this year, having lost about 10% this year.

In November B2Gold Corp (NYSE:BTG) posted third quarter results. Adjusted EPS in the quarter came in at $0.05, missing estimates by $0.02. Revenue in the quarter jumped 21.7% year over year to $477.89 million, surpassing estimates by $12.55 million.

A total of 19 hedge funds in Insider Monkey’s database of 910 hedge funds had stakes in tB2Gold Corp (NYSE:BTG). The biggest stakeholder of B2Gold Corp (NYSE:BTG) was John Overdeck and David Siegel’s Two Sigma Advisors which owns a $34 million stake in B2Gold Corp (NYSE:BTG).

8. Pan American Silver Corp (NYSE:PAAS)

Number of Hedge Fund Investors: 22

With a dividend yield of over 2%, Pan American Silver Corp (NYSE:PAAS) ranks 8th in our list of the best gold stocks with dividends. The stock fell in November after Pan American Silver Corp (NYSE:PAAS) posted weak Q3 results. Adjusted EPS in the quarter came in at $0.01, missing estimates by $0.06. Revenue in the quarter increased by about 81.9% year over year to $616.3 million, missing estimates by $47.92 million.

A total of 22 hedge funds tracked by Insider Monkey had stakes in Pan American Silver Corp (NYSE:PAAS) as of the end of the third quarter of 2023.

7. Royal Gold Inc (NASDAQ:RGLD)

Number of Hedge Fund Investors: 23

Colorado-based Royal Gold Inc (NASDAQ:RGLD) is a popular gold stock with dividends among the elite hedge funds tracked by Insider Monkey. In November, Royal Gold Inc (NASDAQ:RGLD) increased its dividend by 6.7%. The new dividend is payable by January 19, 2024.

During the third quarter, Royal Gold Inc’s (NASDAQ:RGLD) adjusted EPS came in at $0.76, missing estimates by $0.02. Revenue in the quarter jumped 5.5% year over year to $138.62 million, beating estimates by $11.33 million.

As of the end of the third quarter of 2023, 23 hedge funds were long Royal Gold Inc (NASDAQ:RGLD). The biggest stakeholder of Royal Gold Inc (NASDAQ:RGLD) was Jean-Marie Eveillard’s First Eagle Investment Management which owns a $386 million stake in Royal Gold Inc (NASDAQ:RGLD).

6. Wheaton Precious Metals Corp (NYSE:WPM)

Number of Hedge Fund Investors: 24

Canadian precious metals company Wheaton Precious Metals Corp (NYSE:WPM) has a dividend yield of 1.24% as of December 14. In November, Wheaton Precious Metals Corp (NYSE:WPM) posted Q3 results. Adjusted EPS in the quarter came in at $0.268. Revenue jumped about 2% year over year to $223.14 million, missing estimates by $25.29 million.

A total of 24 hedge funds tracked by Insider Monkey were long Wheaton Precious Metals Corp (NYSE:WPM). The biggest stakeholder of Wheaton Precious Metals Corp (NYSE:WPM) during this period was Jean-Marie Eveillard’s First Eagle Investment Management which owns an $851 million stake in Wheaton Precious Metals Corp (NYSE:WPM).

In addition to WPM, hedge funds are also buying Newmont Corporation (NYSE:NEM), Agnico Eagle Mines Ltd (NYSE:AEM) and Barrick Gold Corp (NYSE:GOLD).

Click to continue reading and see 5 Best Gold Stocks With Dividends.

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Disclosure. None. 12 Best Gold Stocks With Dividends was initially published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

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AI needs energy. Energy needs infrastructure.

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This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

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This company is completely debt-free.

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It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

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  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

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Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…