Newmont Mining announced at their annual Investors Day conference that the company will be changing their dividend policy in order to link future payments directly to gold prices.
Yamana Gold is joining the list of gold stocks that have raised their dividends in the last two weeks.
It’s hard to ignore the fact that higher gold prices are leading to bigger dividends and investors need to at least consider gold stocks for their portfolio.
Barrick Gold Corporation is lifting their quarterly dividend by 20% as earnings surge on record high gold prices.
Investors in Newmont Mining will see a 50% increase in their quarterly dividend beginning in September.