5 Mining Stocks with the Highest Dividends

In this article, we will list the 5 Mining Stocks with the Highest Dividends. Please visit 8 Mining Stocks with the Highest Dividends if you would like to see the extended list and the methodology behind it.

 5. Aura Minerals Inc. (NASDAQ:AUGO)

Dividend Yield: 3.89%

Number of Hedge Fund Holders: 28

Aura Minerals Inc. (NASDAQ:AUGO) is one of the mining stocks with the highest dividends.

On June 18, Aura Minerals Inc. (NASDAQ:AUGO) board of directors approved a $200 million repurchase program, affirming a strong commitment to delivering returns to shareholders. The buyback aligns with the company’s impressive record of returning value through buybacks and dividends. The $200 million buyback underscores strong operational momentum and strong cash generation from the expanding production base.

The buyback also comes on the heels of Chief Executive Officer Rodrigo Barbosa reiterating significant progress across three core avenues of value creation. Aura Minerals advanced production growth through the construction of the Borborema Mine. The company has also made progress in improving mine conditions at the recently acquired MSG project amid a significant increase in mineral inventory, with Proven & Probable Mineral Reserves growing from 3.4 million GEO to 7.2 million.

Aura Minerals Inc. (NASDAQ:AUGO) is a Canadian multinational mining company focused on extracting and producing gold, copper, and silver across the Americas. The company acquires, develops, and operates both producing assets and greenfield exploration projects in countries like Brazil, Mexico, and Honduras.