13 Best Gold Dividend Stocks To Buy According To Analysts

9. Pan American Silver Corp. (NYSE:PAAS)

Dividend Yield as of February 25: 1.62%

Number of Hedge Fund Holders: 35

Average Upside Potential: 14.74%

Pan American Silver Corp. (NYSE:PAAS) is a Canadian company that specializes in exploring, developing, and extracting silver, gold, zinc, lead, and copper mines. On December 3, 2024, the company sold its La Arena gold mine and La Arena II project in Peru to Zijin Mining Group for $245 million in cash. As part of the deal, Pan American also secured a 1.5% net smelter return royalty on the La Arena II project and could receive an additional $50 million once the project starts commercial production.

Pan American Silver Corp. (NYSE:PAAS) recorded $196.2 million in free cash flow in Q4 and $445.1 million for 2024, supported by strong metal prices, higher margins, and record gold production. The company is in a solid financial position with a liquidity of $1.6 billion. PAAS also announced a $0.10 per share dividend, set to be paid on March 14, 2025. Moreover, the company has repurchased 1.72 million shares in 2024 for $24.3 million, as well as another 909,012 shares in January 2025 for $20 million. It is one of the best dividend stocks for an income portfolio.

According to Insider Monkey’s Q4 data, 35 hedge funds were bullish on Pan American Silver Corp. (NYSE:PAAS), compared to 29 funds in the last quarter. Slate Path Capital is the leading stakeholder of the company, with 4.7 million shares worth $95.3 million.