Barrick Gold (GOLD)
Barrick Gold is a $37 billion sector-leading gold company. It operates mines in 18 countries across the world with a focus on high-margin, long-life assets.
Barrick’s Q1 results reflect that asset quality, as well as the company’s success in driving profitability and shareholder value. During the quarter, free cash flow clocked in at $393 million. On the strength of those results, Barrick doubled its quarterly dividend.
The stock currently offers a dividend yield of 1.9%.
Invest in real estate without the headache of being a landlord
Imagine owning a portfolio of thousands of well-managed single family rentals or a collection of cutting-edge industrial warehouses. You can now gain access to a $1B portfolio of income-producing real estate assets designed to deliver long-term growth from the comforts of your couch.
The best part? You don’t have to be a millionaire and can start investing in minutes.
Learn MoreGold Fields (GFI)
Gold Fields is a South African gold producer with a market cap of $12 billion. The company has total annual gold-equivalent production of 2.2 million ounces and gold-equivalent mineral reserves of 52.1 million ounces.
Gold Fields’ operating efficiency is high and while the stock’s price multiples are low — a nice combination for prospective investors.
In 2021, the company achieved a return on equity of 20% and generated adjusted free cash flow of $463 million. This performance is tied to the high quality of the company’s asset base, as well as solid execution by management.
Meanwhile, the stock looks relatively inexpensive. Currently, it sports a P/E of 12 and offers a dividend yield of 2.8%.
Agnico-Eagle Mines (AEM)
Gold companies often operate in politically unstable regions of the world. This political risk can outweigh any “safe-haven” benefits gained from investing in gold. If you don’t want to take on this added uncertainty, consider Agnico-Eagle Mines.
Agnico is a Canadian senior gold company with a market cap of $23 billion. It boasts operations in relatively stable countries including Canada, Finland and Mexico.
In 2021, the company posted record annual gold production, record annual operating cash flow of $1.3 billion record mineral reserves. Agnico also extended its impressive dividends-paid streak to 38 consecutive years.
Currently, the stock offers a dividend yield of 3.0%.
Sign up for our Moneywise newsletter to receive a steady flow of actionable ideas from Wall Street's top firms.
This 2 minute move could knock $500/year off your car insurance in 2025
OfficialCarInsurance.com lets you compare quotes from trusted brands, such as Progressive, Allstate and GEICO to make sure you're getting the best deal.
You can switch to a more affordable auto insurance option in 2 minutes by providing some information about yourself and your vehicle and choosing from their tailor-made results. Find offers as low as $29 a month.
Find the best rate for youMore from Moneywise
- Goldman Sachs likes these 3 top dividend stocks yielding as high as 7.6% — in a manic market, locking down a growing income stream makes sense
- JPMorgan says this is the only sector seeing 'quality, growth and momentum scores' improve all at the same time
- Warren Buffett just said he doesn’t own bitcoin because ‘it isn’t going to do anything’ — he’d rather own these 2 tangible assets instead
The richest 1% use an advisor. Do you?
Wealthy people know that having money is not the same as being good with money. Advisor.com can help you shape your financial future and connect with expert guidance . A trusted advisor helps you make smart choices about investments, retirement savings, and tax planning. Try Advisor.com now.
