Email of the day - on dividend paying gold companies
Comment of the Day

April 27 2020

Commentary by Eoin Treacy

Email of the day - on dividend paying gold companies

Mr. Treacy has mentioned in one of his previous articles:    

...There are 1145 precious metals miners listed on Bloomberg and 123 of those pay dividends. Some of the largest miners have tied the size of their dividend to the gold price and almost all have All-In-Sustaining-Costs significantly below prevailing gold prices....

I searched Bloomberg for the 123 metal miners that pay dividends but could not find the list.

Would Mr. Treacy be able to point me to the list?

Eoin Treacy's view

That you for this question which may be of interest to subscribers. If you have access to a Bloomberg try the EQS fundamentals search function. Filter for precious metals miners and then add a filter for dividend per share >0.

Right now, that throws up a list of 116 companies. However, the limitation of the dividend per share >0 filter is that it shows the last dividend rather than differentiating when that was. To concentrate the list on companies that are currently paying I added an additional information column for dividend yield then I sorted it by listing location.

With this additional information Australia has the most precious metal miners but Canada is second and most of its precious metal miners pay dividends. Almost all of the UK listed companies pay dividends and they tend to have competitive yields.

Back to top

You need to be logged in to comment.

New members registration