Dividends4Life: The Shiniest Dividend in the World

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The Shiniest Dividend in the World

Posted by D4L | Wednesday, March 21, 2012 | | 0 comments »

Even with its relatively elevated cost structure, major producer Gold Fields now yields more than 3%! By linking their payouts to the prevailing price of their primary products, Newmont Mining (NYSE: NEM) and Hecla Mining (NYSE: HL) offer added enticement for income investors sharing my expectation for continued long-term gains in the monetary metals. Meanwhile, for Fools who are cognizant of Eldorado Gold's (NYSE: EGO) remarkable production growth profile, this mid-tier marvel will shine with a dividend policy that's tied to both production volume and the average gold price.

Although Eldorado's innovative dividend policy shines, the dividends that will soon be available from Gold Resource (AMEX: GORO) will quite literally glitter. That's because Gold Resource this week became the first company to announce its participation in a new physical gold and silver bullion dividend program offered through Gold Bullion International. GORO has already doled out $41 million in cash to shareholders -- through 20 consecutive monthly dividends -- since the miner declared commercial production at its El Aquila mine in southern Mexico in July 2010. Employing the slogan "Earnings are opinion; cash is fact," GORO targets long-term dividend distribution at roughly one-third of cash flow.

Source: Motley Fool

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