5 Gold Stocks that Pay Dividends

In this article, we discuss 5 gold stocks that pay dividends. If you want to read about some more gold stocks that pay dividends, click 10 Gold Stocks that Pay Dividends. 

5. Franco-Nevada Corporation (NYSE:FNV)

Number of Hedge Fund Holders: 29   

Dividend Yield as of May 12: 0.91%   

Franco-Nevada Corporation (NYSE:FNV) is a gold-focused royalty and streaming company. The firm has an impressive track record in the dividend space, considering it has paid a dividend to shareholders consistently for the past thirteen years. The sector median in this regard is just eleven years. Over the past two years, these payouts have been growing as well. On May 4, the firm declared a quarterly dividend of $0.32 per share, in line with previous. The dividend is payable to shareholders by the end of June. 

On April 19, KeyBanc analyst Adam Josephson kept an Overweight rating on Franco-Nevada Corporation (NYSE:FNV) stock and raised the price target to $180 from $150, noting that the target raised reflected the higher commodity prices. 

At the end of the fourth quarter of 2021, 29 hedge funds in the database of Insider Monkey held stakes worth $1 billion in Franco-Nevada Corporation (NYSE:FNV), up from 26 in the preceding quarter worth $951 million.