Gold investors may finally be having the last laugh. Fundamentals for the sector haven’t been this good in years. Rising inflation and geopolitical worries have continued to push up the price of the yellow metal. For our latest Best Materials Dividend Stocks List pick, this has been absolutely wonderful news, allowing it to raise its variable dividend and reward shareholders!
You can check out the Best Materials Dividend Stocks List to explore all the stocks.
Thanks to a series of M&A, our pick is now one of the largest gold miners on the planet, with operations across Africa, Canada and the United States. Because of its size and continued adoption of technology, our pick has been able to reduce its all-in cash costs to low levels. With gold prices rising, the spread remains pure profit.
Our pick has smartly used this to reduce its balance sheets, strengthen its operations and reward shareholders with a growing yield.
In addition to our latest gold miner, we’ve increased our position in a packaging maker, while removing a different packaging stock and reducing our position in an industrial gas producer.
