13 Best Gold Dividend Stocks To Buy According To Analysts

6. Barrick Gold Corporation (NYSE:GOLD)

Dividend Yield as of February 25: 2.19%

Number of Hedge Fund Holders: 44

Average Upside Potential: 22.82%

Barrick Gold Corporation (NYSE:GOLD) is the 6th best gold dividend stock on our list. It is a Canadian gold and copper mining company engaged in exploration, development, and production. Barrick Gold had a great year, boosting its gold reserves by 23% and adding 17.4 million ounces, with the total reserves amounting to 89 million ounces. A big part of this growth came from the Reko Diq copper-gold project, which officially moved into the reserves category. Copper reserves also surged by 224%, reaching 18 million tonnes, given major feasibility studies at Lumwana and Reko Diq, confirming them as top-tier copper projects. Since 2019, Barrick has replaced more than 180% of its depleted gold reserves.

On February 12, Barrick Gold Corporation (NYSE:GOLD) announced a $0.10 per share dividend, payable on March 17 to shareholders on record as of February 28, 2025. Barrick’s Board also approved a new $1 billion share repurchase program for the next 12 months on February 12, 2025, replacing the previous program from February 2024, under which the company bought back $498 million in shares.

Among the hedge funds tracked by Insider Monkey, 44 funds were bullish on Barrick Gold Corporation (NYSE:GOLD), compared to 42 funds in the prior quarter.