Top 10 Gold Stocks with Dividends

8. Wheaton Precious Metals Corp. (NYSE:WPM)

Number of Hedge Funds Holders: 36

Wheaton Precious Metals Corp. (NYSE:WPM) is one of the top precious metal streaming companies. Its operations are spread across the Americas and Europe. The company is focused on producing gold, silver, palladium, and cobalt, offering investors exposure to precious metals while avoiding risks associated with traditional mining.

Wheaton Precious Metals Corp. (NYSE:WPM) was able to exceed the expected production of 2024, reporting 633,481 gold equivalent ounces (GEOs) against the expected range of 620,000 GEOs. Such strong performance was enabled by enhanced performance at key assets such as Salobo, which achieved record production in Q4. In 2025, the company expects its production to be between 600,000 and 670,000 GEOs, with the long-term goal forecasted at 870,000 GEOs by 2029. Accordingly, Wheaton is planning to invest in four new assets to contribute to its five-year forecasted growth.

Moreover, the company reported revenue of $313 million for Q4 2024, up by 32.8% year-on-year, made possible due to an increase of 13% in average realized gold equivalent price and a surge of 17% in GEOs sales. The company was able to attain adjusted earnings per share of $0.36, ahead of market expectations. This was an increase of 57% compared to the previous year. Wheaton Precious Metals Corp. (NYSE:WPM) reported a 64.2% year-on-year increase in gold production, up to 113,359 ounces, whereas silver production saw a decrease of 20.6%, down to 4,208 ounces. The company held $546.5 million in cash and a $2 billion undrawn credit facility at the end of 2024, emanating a stable liquidity position.

Additionally, the company reflects a solid hedge against inflation under its strong dividend profile. Wheaton Precious Metals Corp. (NYSE:WPM) declared dividends of around $2.4 billion to date, consistently increasing payouts since 2015. The company paid $0.155 per share in quarterly dividends, with the expected annual dividend to be around $0.62 per share if maintained.

Looking ahead, with a stable production outlook, increasing metal prices, and strong dividend growth, the company is poised for future growth, making it a top pick among the Best Gold Stocks.