13 Best Gold Dividend Stocks To Buy According To Analysts

10. Royal Gold, Inc. (NASDAQ:RGLD)

Dividend Yield as of February 25: 1.19%

Number of Hedge Fund Holders: 42

Average Upside Potential: 12.50%

Royal Gold, Inc. (NASDAQ:RGLD) buys and manages precious metal streams and royalties. The company finances mining projects at different stages in exchange for a share of the gold, silver, copper, nickel, zinc, lead, and other metals they produce. On January 7, Jefferies Financial Group upgraded Royal Gold from Hold to Buy and increased the price target on the shares from $154 to $178.

Royal Gold, Inc. (NASDAQ:RGLD) had impressive financial results in 2024, reporting $332 million in net income, $719.4 million in revenue, and $529.5 million in operating cash flow. The company hit the high end of its gold sales guidance and outperformed expectations for copper and other metals. Silver sales were slightly below target but aligned with earlier forecasts. Royal Gold, Inc. (NASDAQ:RGLD) paid $1.60 per share in dividends for 2024 and raised the 2025 dividend by 12.5% to $1.80 per share. This commemorates 24 consecutive years of dividend increases. In 2024 alone, over $105 million was paid in dividends, with $1 billion given back to shareholders since 2000.

Among the hedge funds tracked by Insider Monkey, 42 funds were bullish on Royal Gold, Inc. (NASDAQ:RGLD) in Q4, compared to 30 funds in the last quarter. Cliff Asness’ AQR Capital Management is a prominent stakeholder of the company, with 997,054 shares worth $131.4 million.