Get a 4.6% yield from gold giant Newmont

Get a 4.6% yield from gold giant Newmont

Lower production and realized gold prices led to a 9% revenue drop for this company during the most-recent quarter. Higher costs also cut earnings 55%.

However, this company has high quality reserves and offers a fundamentally-strong bet against inflation and a weaker U.S. dollar. A planned… Read More

Higher gold should boost dividend

NEWMONT CORP. $55 is a buy for long-term growth and a hedge against inflation. The company (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 793.7 million; Market cap: $43.7 billion; Price-to-sales ratio: 3.5; Dividend yield: 4.0%; TSINetwork Rating: Average; www.newmont.com) is the world’s largest gold… Read More

Barrick lets you tap gold’s bright outlook

Barrick has moved up recently—along with gold prices. The gains were likely spurred by the growing belief among investors that interest-rate increases have started to slow as inflation eases. That should push up investor demand for gold as the appeal of interest-bearing investment and the… Read More

Newmont Corp. now yields 5.4%

Newmont Corp. now yields 5.4%

We feel the best way to profit from strong gold prices is to buy high-quality producers like this one.

Most of this firm’s mines are in politically stable countries and its dividend is linked to the price of gold. That makes it a strong gold play.

Meanwhile… Read More