Category: Dividends

Top Dividend Paying Gold Mining Stocks

by Fred Fuld III

4 minute read time

Gold has long been prized for its value and versatility, serving both as a store of wealth and a key material in various industries. As a precious metal, gold has traditionally been used to hedge against inflation, providing stability to investors during times of economic uncertainty. Its intrinsic value, resistant to the erosive effects of inflation, makes gold a safe haven when currencies fluctuate or geopolitical risks rise. Beyond its monetary significance, gold has numerous applications, ranging from jewelry and electronics to medicine and aerospace. This enduring demand across sectors ensures that gold remains a valuable asset, even as economies shift.

For investors seeking income as well as exposure to the gold market, dividend-paying gold mining stocks offer a unique opportunity. While gold itself does not generate cash flow, companies that mine gold can distribute profits to shareholders in the form of dividends. Below, we highlight three top gold mining stocks known for their dividend payouts: B2Gold (BTG), Centerra Gold (CGAU), and Gold Fields (GFI). These companies not only benefit from rising gold prices but also reward shareholders with consistent income.

B2Gold (BTG): A Low-Cost Producer with Strong Dividends

B2Gold, based in Canada, is one of the world’s low-cost senior gold producers, with operations in Mali, the Philippines, and Namibia. Known for its disciplined approach to mining, B2Gold has maintained a strong balance sheet and low debt, allowing it to reward shareholders with steady dividends. The company has a market capitalization of approximately $4.1 billion, reflecting its significant presence in the gold mining industry. With a forward price-to-earnings (P/E) ratio of 7.7, B2Gold offers attractive value, especially for investors looking for exposure to the gold market at a reasonable valuation.

What sets B2Gold apart is its commitment to returning capital to shareholders through its dividend program. Currently, the stock has a dividend yield of around 4.8%, making it one of the more attractive income plays in the sector. Despite fluctuations in gold prices, B2Gold’s efficient operations and strong cash flows enable it to sustain its dividend while continuing to invest in growth. For income-focused investors seeking stability, B2Gold is a compelling choice.

Centerra Gold (CGAU): A Diversified Gold and Copper Producer

Centerra Gold is a Canadian-based gold mining and exploration company with operations and projects in North America, Turkey, and Mongolia. Centerra distinguishes itself through its diversified production profile, which includes significant exposure to copper in addition to gold. This diversification provides Centerra with some insulation from the volatility of gold prices, making it a well-rounded investment in the resource sector. The company has a market cap of about $1.5 billion and a forward P/E ratio of 10.3, indicating that the stock is relatively inexpensive compared to its earnings.

Centerra Gold offers a dividend yield of approximately 2.9%, providing investors with a reliable income stream. The company’s ability to generate cash flow from both gold and copper production helps support its dividend payments, even in challenging market conditions. While Centerra has faced operational challenges in the past, particularly at its Kyrgyz Republic operations, it has worked to diversify its asset base and reduce geopolitical risk. For investors seeking a blend of gold exposure with a diversified resource portfolio, Centerra Gold presents an intriguing opportunity.

Gold Fields (GFI): A Global Player with Robust Dividends

Gold Fields, headquartered in South Africa, is one of the largest gold mining companies in the world, with operations spanning South Africa, Ghana, Australia, and South America. The company has built a reputation for its focus on sustainability and operational efficiency, ensuring long-term value creation for its shareholders. With a market capitalization of approximately $13.9 billion, Gold Fields is a major player in the gold mining industry. The stock has a trailing P/E ratio of 22 and a forward P/E ratio of 8.6.

Gold Fields stands out for its commitment to paying dividends, offering a dividend yield of around 2.5%. The company has a history of adjusting its dividend payments to reflect profitability, which allows it to maintain a healthy balance sheet while still rewarding shareholders. As a global producer, Gold Fields benefits from diverse geographical exposure, reducing the risks associated with operations in any single region. For investors looking for a large, stable gold mining company with a solid dividend, Gold Fields is a strong contender.

Conclusion

As gold continues to serve as a hedge against inflation and economic instability, gold mining companies offer a unique way for investors to benefit from rising gold prices while also earning income through dividends. B2Gold, Centerra Gold, and Gold Fields represent three top dividend-paying gold miners, each with its unique strengths. B2Gold provides low-cost production and a high yield, Centerra offers diversification through copper, and Gold Fields delivers global exposure and robust dividends. For investors seeking both growth potential and income, these gold mining stocks are worth serious consideration.

Disclosure: Author didn’t own any of the above at the time the article was written.

Stocks Going Ex Dividend in October 2024

The following is a short list of some of the many stocks going ex-dividend during the next month, which can be helpful for traders and investors interested in the stock trading technique known as “Buying Dividends” or “Dividend Capture.” This strategy involves purchasing stocks before the ex dividend date and selling them shortly after the ex-date at a similar price, while still being eligible to receive the dividend payment.

Although this technique generally proves effective in bull markets and flat or choppy markets, it is advisable to exercise caution and consider avoiding this strategy during bear markets. To qualify for the dividend, it is necessary to buy the stock before the ex-dividend date and refrain from selling it until on or after the ex-date.

However, it is important to note that the actual dividend may not be paid for several weeks, as the payment date can be delayed by up to two months after the ex-date.

For investors seeking a comprehensive list of stocks going ex-dividend in the near future, WallStreetNewsNetwork.com has compiled a downloadable list containing numerous dividend-paying companies. Here are a few examples showcasing the stock symbol, ex-dividend date, periodic dividend amount, and annual yield.

Cardinal Health, Inc. (CAH)10/1/20240.50561.84%
JP Morgan Chase & Co. (JPM)10/4/20241.252.36%
Mastercard Incorporated (MA)10/9/20240.660.54%
Toll Brothers, Inc. (TOL)10/11/20240.230.60%
Phillips Edison & Company, Inc. (PECO)10/15/20240.10253.20%
CVS Health Corporation (CVS)10/21/20240.6654.58%
Lowe’s Companies, Inc. (LOW)10/23/20241.151.73%
Coca-Cola Consolidated, Inc. (COKE)10/25/20242.500.77%

To access the entire list of over 100 ex-dividend stocks, subscribers will receive an email in the next couple days with the full list. If you are not already a subscriber, you can sign up using the provided signup box below. Don’t miss out on this valuable information, and the best part is that it’s free!

Dividend Definitions

To better understand the dividend-related terms, let’s define them:

Declaration date: This refers to the day when a company announces its intention to distribute a dividend in the future.
Ex-dividend date: On this day, if you purchase the stock, you would not be eligible to receive the upcoming dividend. It is also the first day on which a shareholder can sell their shares and still receive the dividend.
Record date: This marks the day when you must be recorded on the company’s books as a shareholder to qualify for the dividend. Typically, the ex-dividend date is set two business days prior to the record date.
Payment date: This is the day on which the dividend payment is actually made to the eligible shareholders. It’s important to note that the payment date can be as long as two months after the ex-date.

Before implementing the “Buying Dividends” technique, it is crucial to reconfirm the ex-dividend date with the respective company to ensure accuracy and avoid any unexpected changes.

In conclusion, being aware of the stocks going ex-dividend can be advantageous for traders and investors employing the “Buying Dividends” strategy. WallStreetNewsNetwork.com provides a convenient resource to access a comprehensive list of such stocks, allowing individuals to plan their investment decisions effectively. Remember to stay informed and consider market conditions before employing any investment strategy.

Disclosure: Author didn’t own any of the above at the time the article was written.

Unlocking Income Potential: Top High Dividend Stocks in the Dow to Consider Now

by Fred Fuld III

Investing in high dividend stocks can be an attractive option for income-seeking investors, especially in uncertain economic times. Dividend-paying stocks offer the dual benefit of regular income and potential capital appreciation, providing a cushion during market volatility.

Given current economic uncertainties, such as inflation and interest rate fluctuations, high dividend stocks can act as a safer harbor for conservative investors looking to balance risk with reward. As companies with strong cash flow generation, they often maintain or grow dividends, offering a hedge against inflation. Among the 30 stocks that make up the Dow Jones Industrial Average, Chevron (CVX), Dow Inc. (DOW), and Verizon (VZ) stand out for their robust dividend yields, making them appealing choices for those seeking reliable income streams.

Chevron Corporation (CVX), one of the largest integrated energy companies in the world, currently offers a dividend yield of around 4.6%. As of the most recent financial data, Chevron has a market cap of approximately $257 billion and a trailing P/E ratio of around 14. Chevron’s strong dividend is backed by its solid cash flows, driven by its oil and gas production activities. Despite the energy sector’s volatility, Chevron’s disciplined capital spending and focus on shareholder returns have helped it weather periods of low oil prices. In 2023, Chevron’s earnings benefited from higher oil prices due to global supply constraints and growing demand, helping the company continue its record of paying dividends for over a century. Its forward-looking strategy of expanding into renewable energy while maintaining core oil and gas operations positions Chevron well for both stability and future growth.

Another top yielding Dow stock is Dow Inc. (DOW), a global leader in chemicals and materials, currently provides a dividend yield of around 5.6%. Dow’s market cap stands at roughly $35 billion, and it has a trailing P/E ratio of 35, but a very favorable forward P/E of 13.5. The company’s portfolio includes essential products in sectors ranging from packaging to construction, making it a critical player in various global supply chains. In recent quarters, Dow has seen some pressure due to softening demand in certain sectors, particularly housing and industrial production, leading to reduced earnings. However, the company remains committed to rewarding shareholders through dividends, supported by its ability to generate cash flow even in challenging environments. As the global economy stabilizes, Dow’s strong balance sheet and diversified product line should enable it to maintain its high dividend, while potential improvements in demand for its products could further support share price appreciation.

Verizon Communications (VZ), a giant in the telecommunications industry, is known for its reliable, income-generating potential, offering a dividend yield of about 6%. Verizon’s market cap hovers around $187 billion, and its trailing P/E of 17 and a forward P/E ratio of approximately 9. The company’s stock price has faced challenges in recent years due to stiff competition in the telecom space and increased capital expenditures related to 5G infrastructure rollout. However, Verizon’s stable, recurring revenue from its wireless and broadband services provides the financial flexibility needed to continue paying high dividends. With the ongoing expansion of its 5G network, Verizon aims to capitalize on new growth opportunities in areas like the Internet of Things (IoT) and edge computing. While growth may be moderate, Verizon’s consistent cash flow from its massive subscriber base should allow it to maintain its attractive dividend, making it an appealing choice for income-oriented investors.

In conclusion, investing in high dividend stocks like Chevron, Dow, and Verizon offers a compelling opportunity for income-focused investors. Each company has its own unique strengths and challenges, but their consistent cash flows, solid dividend yields, and market positions make them attractive options for those looking to balance income and growth potential in their portfolios. These stocks, while not without risks, provide a relatively stable investment in an increasingly uncertain market environment.

Disclosure: Author didn’t have any positions in any of the above at the time the article was written.

Unveiling Warren Buffett’s Time-Tested High-Yield Stocks

by Fred Fuld III

Warren Buffett, renowned as the Oracle of Omaha, is celebrated for his long-term investment strategy, which often centers around high-quality, dividend-paying stocks in the Berkshire Hathaway (BRK-A) (BRK-B) portfolio. While Buffett’s portfolio encompasses a diverse array of investments, several high-yield stocks have consistently stood out. Listed below are three of his highest yielding stocks in his portfolio. 

Kraft Heinz Company (KHC)

The dividend yield for The Kraft Heinz Company (KHC) stands at 4.59%. With a payout ratio of 68.83%, close to 69% of KHC’s earnings are disbursed to shareholders through dividends. KHC’s annual dividend payout amounts to $1.60 per share. The Price to Book ratio is an excellent 0.86, and the Price to Sales ratio is right in the mid range at 1.71, but the Price to Earnings Growth ratio (PEG ratio) is on the high side at 3.55. The stock makes up 3.47% of Berkshire’s total portfolio.

The ex-dividend date for The Kraft Heinz Company (KHC) is March 7, 2024. Investors purchasing shares on or after this date will not qualify for the upcoming dividend payment. The company follows a quarterly dividend payment schedule, with the next distribution planned for March 29, 2024. 

CLICK HERE FOR DIVIDEND HISTORY

Coca-Cola Company (KO)

The dividend yield for The Coca-Cola Company (KO) currently stands at 3.26%. With a payout ratio of 74.22%, approximately three-quarters of KO’s earnings are allocated to shareholders in the form of dividends. Coke’s annual dividend payout amounts to $1.94 per share. The Price to Book ratio is on the very high side at 9.88. The Price to Sales ratio is also very high at 5.56, along with the Price to Earnings Growth ratio (PEG ratio) at 3.88. The stock currently makes up 6.79% of Warren Buffett’s total portfolio.

The ex-dividend date for The Coca-Cola Company (KO) is March 14, 2024. Investors purchasing shares on or after this date will not qualify for the forthcoming dividend payment. The company follows a quarterly dividend payment schedule, with the next distribution scheduled for April 1, 2024. 

CLICK HERE FOR DIVIDEND HISTORY

Chevron Corporation (CVX)

The dividend yield for Chevron Corporation (CVX) currently sits at 4.35%. CVX has a payout ratio of 53.05%. Slightly more than half of CVX’s earnings are allocated to shareholders in the form of dividends The annual dividend payout amounts to a whopping $6.52 per share. The Price to Book ratio is a reasonable 1.74. The Price to Sales ratio is right in the mid range at 1.41, but the Price to Earnings Growth ratio (PEG ratio) is on the low side at an excellent 0.81. The company represents 5.41% of Berkshire Hathaway’s total portfolio.

The ex-dividend date for Chevron Corporation (CVX) is February 15, 2024. Investors purchasing shares on or after this date will not qualify for the upcoming dividend payment. The company follows a quarterly dividend payment schedule, with the next distribution planned for March 11, 2024. 

CLICK HERE FOR DIVIDEND HISTORY

Overall, high-yield stocks play a crucial role in income generation, portfolio diversification, and long-term wealth accumulation strategies, making them important considerations for investors with varying financial goals and risk tolerances.

Remember, as a rule of thumb, if the P/B ratio, the P/S ratio, and the PEG ratio, is below one, that is good, if it is between one and two is considered average, and above two, it may be on the high side. Some of these ratios may be irrelevant for high growth stocks.

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Stocks Going Ex Dividend in March 2024

The following is a short list of some of the many stocks going ex-dividend during the next month, which can be helpful for traders and investors interested in the stock trading technique known as “Buying Dividends” or “Dividend Capture.” This strategy involves purchasing stocks before the ex dividend date and selling them shortly after the ex-date at a similar price, while still being eligible to receive the dividend payment.

Although this technique generally proves effective in bull markets and flat or choppy markets, it is advisable to exercise caution and consider avoiding this strategy during bear markets. To qualify for the dividend, it is necessary to buy the stock before the ex-dividend date and refrain from selling it until on or after the ex-date.

However, it is important to note that the actual dividend may not be paid for several weeks, as the payment date can be delayed by up to two months after the ex-date.

For investors seeking a comprehensive list of stocks going ex-dividend in the near future, WallStreetNewsNetwork.com has compiled a downloadable list containing numerous dividend-paying companies. Here are a few examples showcasing the stock symbol, ex-dividend date, periodic dividend amount, and annual yield.

H&R Block, Inc. (HRB)3/4/20240.322.61%
The Kraft Heinz Company (KHC)3/7/20240.404.45%
UnitedHealth Group Incorporated (UNH)3/8/20241.881.43%
Coca-Cola Company (KO)3/14/20240.4853.20%
Mercer International Inc. (MERC)3/26/20240.0753.53%
Pacific Gas & Electric Co. (PCG)3/27/20240.010.12%
State Street Corporation (STT)3/28/20240.693.79%

To access the entire list of over 100 ex-dividend stocks, subscribers will receive an email in the next couple days with the full list. If you are not already a subscriber, you can sign up using the provided signup box below. Don’t miss out on this valuable information, and the best part is that it’s free!

Dividend Definitions

To better understand the dividend-related terms, let’s define them:

Declaration date: This refers to the day when a company announces its intention to distribute a dividend in the future.
Ex-dividend date: On this day, if you purchase the stock, you would not be eligible to receive the upcoming dividend. It is also the first day on which a shareholder can sell their shares and still receive the dividend.
Record date: This marks the day when you must be recorded on the company’s books as a shareholder to qualify for the dividend. Typically, the ex-dividend date is set two business days prior to the record date.
Payment date: This is the day on which the dividend payment is actually made to the eligible shareholders. It’s important to note that the payment date can be as long as two months after the ex-date.

Before implementing the “Buying Dividends” technique, it is crucial to reconfirm the ex-dividend date with the respective company to ensure accuracy and avoid any unexpected changes.

In conclusion, being aware of the stocks going ex-dividend can be advantageous for traders and investors employing the “Buying Dividends” strategy. WallStreetNewsNetwork.com provides a convenient resource to access a comprehensive list of such stocks, allowing individuals to plan their investment decisions effectively. Remember to stay informed and consider market conditions before employing any investment strategy.

Disclosure: Author did not own any of the above at the time the article was written.

Stocks Going Ex Dividend in February 2024

The following is a short list of some of the many stocks going ex-dividend during the next month, which can be helpful for traders and investors interested in the stock trading technique known as “Buying Dividends” or “Dividend Capture.” This strategy involves purchasing stocks before the ex dividend date and selling them shortly after the ex-date at a similar price, while still being eligible to receive the dividend payment.

Although this technique generally proves effective in bull markets and flat or choppy markets, it is advisable to exercise caution and consider avoiding this strategy during bear markets. To qualify for the dividend, it is necessary to buy the stock before the ex-dividend date and refrain from selling it until on or after the ex-date.

However, it is important to note that the actual dividend may not be paid for several weeks, as the payment date can be delayed by up to two months after the ex-date.

For investors seeking a comprehensive list of stocks going ex-dividend in the near future, WallStreetNewsNetwork.com has compiled a downloadable list containing numerous dividend-paying companies. Here are a few examples showcasing the stock symbol, ex-dividend date, periodic dividend amount, and annual yield.

Wells Fargo & Company (WFC)2/1/20240.352.78%
MetLife, Inc. (MET)2/5/20240.522.93%
Starbucks Corporation (SBUX)2/8/20240.572.46%
Penske Automotive Group, Inc. (PAG)2/14/20240.871.98%
Amgen Inc. (AMGN)2/15/20242.252.89%
Johnson & Johnson (JNJ)2/16/20241.192.98%
Lockheed Martin Corporation (LMT)2/29/20243.152.93%

To access the entire list of over 100 ex-dividend stocks, subscribers will receive an email in the next couple days with the full list. If you are not already a subscriber, you can sign up using the provided signup box below. Don’t miss out on this valuable information, and the best part is that it’s free!

Dividend Definitions

To better understand the dividend-related terms, let’s define them:

Declaration date: This refers to the day when a company announces its intention to distribute a dividend in the future.
Ex-dividend date: On this day, if you purchase the stock, you would not be eligible to receive the upcoming dividend. It is also the first day on which a shareholder can sell their shares and still receive the dividend.
Record date: This marks the day when you must be recorded on the company’s books as a shareholder to qualify for the dividend. Typically, the ex-dividend date is set two business days prior to the record date.
Payment date: This is the day on which the dividend payment is actually made to the eligible shareholders. It’s important to note that the payment date can be as long as two months after the ex-date.

Before implementing the “Buying Dividends” technique, it is crucial to reconfirm the ex-dividend date with the respective company to ensure accuracy and avoid any unexpected changes.

In conclusion, being aware of the stocks going ex-dividend can be advantageous for traders and investors employing the “Buying Dividends” strategy. WallStreetNewsNetwork.com provides a convenient resource to access a comprehensive list of such stocks, allowing individuals to plan their investment decisions effectively. Remember to stay informed and consider market conditions before employing any investment strategy.

Disclosure: Author did not own any of the above at the time the article was written.

Top Stocks That Just Increased Their Dividends

by Fred Fuld III

Investors like stocks that have increased their dividend.

There are several reasons why investors tend to favor stocks that have had a dividend increase:

Increased income: A dividend increase means a larger payout to shareholders, providing a more immediate and reliable source of income. This is particularly attractive to investors seeking regular cash flow, such as retirees or those living off their portfolios.

Signal of confidence: A dividend increase is often seen as a signal of a company’s strong financial health and healthy long-term prospects. This suggests the company is confident in its ability to generate sustained profitability and share its success with shareholders. This confidence can boost investor sentiment and attract new investors seeking stable and growing income streams.

Growth potential: While not always the case, a dividend increase can also point to future growth potential. It can indicate that the company has excess cash and sees limited opportunities for reinvestment within the business. This suggests the company may be exploring new lines of business or initiatives that could unlock future growth, further increasing shareholder value.

Risk reduction: Dividend-paying stocks tend to be less volatile than their non-dividend counterparts. This is because they attract investors seeking income and stability, leading to a more consistent investor base. A dividend increase can further solidify this perception of stability, making the stock a less risky investment in the eyes of some investors.

Market psychology: A dividend increase can be seen as a positive momentum indicator, often sparking increased demand for the stock as investors try to capitalize on the perceived trend of future growth and income. This increased demand can drive up the stock price, adding to the potential returns for investors.

It’s important to note that not all dividend increases are created equal. Investors should also consider:

  • The size of the increase: A large increase is generally more favorable than a small one.
  • The company’s dividend history: A consistent track record of dividend increases is more reassuring than a one-time bump.
  • The reason for the increase: Understanding the company’s rationale behind the increase (e.g., strong earnings,increased cash flow) can provide context.
  • Overall financial health: While a dividend increase is positive, it shouldn’t come at the expense of the company’s financial stability.

The following is a list of stocks that have increased their dividends during the last week.

Stock% IncreaseYield
Fastenal (FAST)11%2.23%
Royalty Pharma plc (RPRX)5%2.87%
ONEOK, Inc. (OKE)3.7%5.71%
Penske Automotive Group, Inc. (PAG)10%1.97%
 Independent Bank Corporation (IBCP)4%3.46%
NRG Energy, Inc. (NRG)8%3.09%
Franklin Electric Co., Inc. (FELE)11%1.04%

One of the stocks on the list, ONEOK (OKE), not only increased their dividend by 3.7% but also authorized a $2 billion Share Repurchase Program. The company is a major American energy infrastructure company, connecting key gas supply and demand centers through its vast pipeline network, primarily focused on natural gas liquids. The stock trades at 12.7 times trailing earnings and yields 5.71%.

Fastenal, which distributes fasteners and tools, and operates hardware stores, had one of the biggest increases in its dividend payout, increasing by 11%. The stock has a price to earnings ratio of 34 and yields 2.23%. 

Let’s hope that higher dividends turn into higher stock prices.

Disclosure: Author didn’t own any of the above at the time the article was written.