|Bid||29.45 x 0|
|Ask||29.49 x 0|
|Day's Range||28.84 - 29.50|
|52 Week Range||17.52 - 41.09|
|Beta (5Y Monthly)||0.27|
|PE Ratio (TTM)||17.30|
|Earnings Date||Feb 22, 2021 - Feb 26, 2021|
|Forward Dividend & Yield||0.47 (1.60%)|
|Ex-Dividend Date||Nov 27, 2020|
|1y Target Est||13.81|
Does buying gold stocks, or betting on the gold price, make sense, despite vaccine progress and 2020 election results? Here are some things to consider.
Gold stocks could be a good way for investors to diversify their portfolios and get exposure to the commodity. Some gold miners pay dividends that also reward shareholders along the way.Here is a look at three dividend gold stocks that yield over 1.5%.Newmont Corporation: The world's leading gold company is Newmont Corporation (NYSE: NEM).The gold company also has the highest dividend payout amount and dividend yield in the sector at the time of writing, with $1.60 annual and 2.8%, respectively.Newmont saw record third-quarter results with over 1.5 million ounces of gold mined.The company raised the dividend in the third quarter, pushing its yield over the S&P 500 index average. Newmont has returned $2.5 billion to shareholders in 2019 and 2020 through dividends and share buybacks.Newmont has been public since 1925 and is the only gold producer in the S&P 500.Newmont stock is up 31% in 2020 and up 216% over the last five years.Related Link: Should You Invest In Gold Right NowBarrick Gold: Operating with 16 sites in 13 countries, Barrick Gold Corporation (NYSE: GOLD) is one of the largest miners in the world.In the first nine months of 2020, Barrick mined 3.6 million ounces of gold. Revenue for Barrick was $9.3 billion in the first nine months.Barrick raised its quarterly dividend from 8 cents to 9 cents in the third quarter.Barrick Gold made headlines when Berkshire Hathaway (NYSE: BRK-A) took a 2-million stake in the company. Some have said it may not have been Warren Buffett who made the purchase, as he has been vocal against gold for years.Over the last five years, Barrick shares are up over 200%. Shares are up 23% in 2020.Agnico Eagle Mines: Canadian miner Agnico Eagle Mines (NYSE: AEM) operates mines in Canada, Finland and Mexico. The company also has pipeline for projects in the United States.The company raised its dividend in the third quarter by 75% and now has a dividend yield of 2.2%.Agnico has paid a dividend every year since 1983."The company and its shareholders have full exposure to gold prices due to its long-standing policy of no forward gold sales."Through the first nine months of 2020, the company mined 1.2 million ounces of gold.Shares of Agnico are up 2% in 2020 and up over 130% over the last five years.See more from Benzinga * Click here for options trades from Benzinga * Sports Betting ETF Co-Founder Talks SPACs, Undervalued Foreign Exchange Plays * Zoom Became A Verb And Won Big For NBA Finals MVP Andre Iguodala(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
TORONTO, Nov. 26, 2020 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) has retained its listing in the prestigious Dow Jones Sustainability Index’s (DJSI) World Index, ranking in the 95th percentile of all mining companies assessed. This is the 13th consecutive year Barrick has been listed in the World Index, in which 2,500 companies are evaluated against governance, social performance, environmental management and economic contribution factors to identify the top 10 percent or “best in class” performers in every industry. The DJSI is the longest-running global sustainability benchmark worldwide and has become the key reference point in sustainability investment.Barrick scored full marks (100th percentile) in the categories of environmental reporting, water-related risks, social reporting and human rights, and improved its scores in policy influence, operational eco-efficiency, biodiversity and occupational health and safety.President and chief executive officer Mark Bristow said he was pleased by this objective, independent assessment of the strong emphasis Barrick placed on sustainability issues as well as the robustness of its approach. “At the heart of our philosophy is the belief that our ability to operate successfully is acutely dependent on delivering long-term value to all our stakeholders and proactively managing our impacts on the wider environment,” he said.Bristow added that despite the positive recognition by the DJSI, Barrick was far from complacent about its Environmental, Social and Governance (ESG) credentials and that it remained a high priority for the group to enhance its sustainability efforts and to stay at the forefront of ESG in the industry.Enquiries:Investor and Media Relations Kathy du Plessis +44 20 7557 7738 Email: firstname.lastname@example.orgWebsite: www.barrick.comCautionary Statement on Forward-Looking InformationCertain information contained or incorporated by reference in this press release, including any information as to our strategy, plans, or future operating performance, constitutes “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements. The words “deliver”, “manage”, “remain”, “priority” and similar expressions identify forward-looking statements. In particular, this press release contains forward-looking statements including, without limitation, with respect to Barrick’s future sustainability performance and commitment to deliver long-term value to stakeholders while proactively managing its impacts on the wider environment. Forward-looking statements are necessarily based upon a number of assumptions, including material assumptions considered reasonable by Barrick as at the date of this press release in light of management’s experience and perception of current conditions and expected developments, and are inherently subject to significant business, economic, and competitive uncertainties and contingencies.Many of these uncertainties and contingencies can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned not to put undue reliance on forward-looking statements which are not guarantees of future events, and speak only as of the date made. Specific reference is made to the most recent Form 40-F/Annual Information Form on file with the SEC and Canadian provincial securities regulatory authorities for a more detailed discussion of some of the factors underlying forward-looking statements, and the risks that may affect Barrick’s ability to achieve the expectations set forth in the forward-looking statements contained in this press release. All of the forward-looking statements made in this press release are qualified by these cautionary statements. Barrick disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.