13 Best Gold Dividend Stocks To Buy According To Analysts

2. Caledonia Mining Corporation Plc (NYSE:CMCL)

Dividend Yield as of February 25: 5.36%

Number of Hedge Fund Holders: 7

Average Upside Potential: 33.97%

Caledonia Mining Corporation Plc (NYSE:CMCL) is​​ a gold mining company that was founded in 1992 and headquartered in Saint Helier, Jersey. Caledonia Mining’s CEO, Mark Learmonth, bought 2,047 shares at £8.30 each on December 6, 2024. With this purchase, he owns a total of 187,031 shares, giving him a 0.97% stake in the company. Caledonia Mining Corporation Plc (NYSE:CMCL) is one of the best dividend stocks to invest in.

Caledonia Mining had a good year at its Blanket Mine, producing 76,656 ounces of gold in 2024, slightly surpassing last year’s numbers and staying within the forecasted range. Q4 production came in at 19,841 ounces, given strong mine activity, with a record 797,000 tonnes milled over the year. For the year, 76,271 ounces were sold, including 17,734 ounces in Q4. On November 11, Caledonia Mining Corporation Plc (NYSE:CMCL) declared a quarterly dividend of $0.14 per share. The dividend was paid on December 6, 2024. The company has consistently paid quarterly dividends since 2012, making it a reliable dividend payer.

According to Insider Monkey’s Q4 data, 7 hedge funds were bullish on Caledonia Mining Corporation Plc (NYSE:CMCL), compared to 9 funds in the earlier quarter. William B. Gray’s Orbis Investment Management is the biggest stakeholder of the company, with 782,501 shares worth $7.3 million.