Best Gold Dividend Stocks: For High Returns in 2024

Gold has always been a safe haven for investors, particularly in times of economic uncertainty. Its enduring value, coupled with the stability it provides during market volatility, makes it an attractive asset. But beyond simply holding gold, investors can benefit from owning gold dividend stocks—shares in companies that not only mine or process gold but also pay dividends to shareholders. These stocks offer a unique opportunity to generate regular income while benefiting from gold's long-term growth potential. Whether you're looking to hedge against inflation or diversify your portfolio, gold dividend stocks provide a balance of income and capital appreciation. We’ll explore some of the best gold dividend stocks available today.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Barrick Gold2.12%43.24%18.96%1.29%0.07%14.50%-2.86%
Newmont2.41%-109.88%-39.57%1.60%-0.04%23.36%2.71%
Agnico Eagle Mines1.96%66.11%41.15%2.00%0.05%29.46%6.16%
Kinross Gold1.21%20.25%16.44%1.83%0.12%0.00%0.00%
Franco-Nevada1.18%-38.12%-36.63%3.87%-0.11%7.44%6.57%
Wheaton Precious Metals0.98%45.58%46.97%3.94%0.09%10.76%2.92%
Royal Gold1.08%36.04%33.90%3.21%0.10%8.45%4.03%
B2Gold5.71%-25.27%-5.00%1.21%-0.20%0.00%0.00%
Gold Fields2.64%54.64%20.17%2.83%0.14%48.64%17.20%
AngloGoldhanti1.63%58.91%29.74%2.57%0.09%28.93%0.00%
Sibanye Stillwater-%-3.54%-3.97%4.82%-1.14%0.00%0.00%
Harmony Gold Mining1.42%16.26%12.33%0.14%0.02%0.00%0.00%
SSR Mining-%-3.04%-2.48%0.39%-0.16%0.00%0.00%
Alamos Gold0.41%14.26%31.31%2.18%0.08%37.97%-6.70%
Sandstorm Gold1.09%49.48%48.77%1.21%0.02%0.00%0.00%
Hecla Mining0.74%557.33%909.80%1.65%0.00%25.39%5.88%
Osisko Gold Royalties0.96%-76.08%-92.04%3.04%-0.03%3.11%0.00%
Hudbay Minerals0.16%6.36%41.25%1.40%0.04%-0.75%-18.21%