13 Best Gold Dividend Stocks To Buy According To Analysts

3. Centerra Gold Inc. (NYSE:CGAU)

Dividend Yield as of February 25: 3.21%

Number of Hedge Fund Holders: 16

Average Upside Potential: 30.23%

Centerra Gold Inc. (NYSE:CGAU) is a mining company headquartered in Toronto, specializing in gold and copper production. The company finished last year with steady gold and copper production, ending near the lower end of its production guidance. The company had $625 million in cash and cash equivalents at year-end, even after returning $90 million to shareholders and investing in the Thompson Creek restart. For 2025, production is projected to normalize at Öksüt mine and the company plans to optimize operations at Mount Milligan. Centerra expects strong free cash flow to fund Thompson Creek’s restart while maintaining shareholder returns.

On February 20, Centerra Gold Inc. (NYSE:CGAU) declared a C$0.07 per share dividend, payable on March 27, to shareholders on record as of March 13, 2025. The total amount of dividends paid will equal roughly C$14.7 million. It is one of the best dividend stocks to monitor.

Among the hedge funds tracked by Insider Monkey in Q4 2024, 16 funds reported owning stakes in Centerra Gold Inc. (NYSE:CGAU), the same as the prior quarter. Arrowstreet Capital is the biggest stakeholder of the company, with 5.80 million shares valued at $33 million.