Interesting thing about ABX, the very first stock I ever bought in 1988 was
a dividend gold mining company called Homestake Mining.
Not exact matches
Physical
gold produces nothing, but a
gold mine is a
company that pays you
dividend.
However you will get to collect a modest (1.2 % yield), but growing,
dividend while you wait for the
company's investments to mature — knowing that there's a plethora of
gold mine opportunities tucked into the broadly diversified portfolio.
The investment objective of Horizons HEP is to provide Unitholders with: (a) exposure to the performance of an equal weighted portfolio of North American listed
gold mining and exploration
companies; and (b) monthly distributions of
dividend and call option income.
In the beginning I wanted to sell my
gold mining stocks when the price pushes higher to fuel my portfolio with more
dividend companies but I'm realizing that I should make
gold mining stocks a permanent allocation to my portfolio for insurance.