Gold miners like Goldcorp (NYSE-GG), Barrick Gold (NYSE-ABX), AngloGold Ashanti (NYSE-AU), Newmont Mining (NYSE-NEM), Yamana Gold (NYSE-AUY) and Centerra Gold (TSX:CG) have taken on a new practice of offering dividends to investors, attacting a more cautious, but long-term investor crowd to their folds.
As long as the underlying fundamentals remain in place, which are numerous, this should continue to be the practice of gold miners, especially for those looking for longer term investors, as well as attracting new shareholders to the stock.
Some of the fundamentals not going away any time soon are low interest rates, consequences of the policies of the Federal Reserve, sovereign debt crisis in Europe, inflation, unrest in the Middle East and the ongoing collapse of the U.S. dollar.
Obviously the income from gold miners aren't comparable to other equities, but add the growth potential to the mix and there is a lot to like about the right gold mining companies.
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