Forget Royal Gold, Inc.: Here Are 2 Better Dividend Stocks

Forget Royal Gold, Inc.: Here Are 2 Better Dividend Stocks

Royal Gold's (NASDAQ: RGLD) record of 16 straight years of dividend increases makes it one of the top dividend stocks in the gold industry. But when it comes to dividend growth, Agnico Eagle Mines (NYSE: AEM) and Franco-Nevada Corp. (NYSE: FNV) could be even better choices for income investors right now. Here's why.

Agnico Eagle is one of the senior gold miners in Canada with a strong global presence. It has eight operating mines in Canada, Finland, and Mexico and a couple of exploration projects in the U.S. and Sweden.

Agnico has paid a dividend every year since 1983, which is a feat for any company operating in the volatile precious-metals industry. But that's not the only good thing about Agnico's dividends. Last year, the gold miner increased its dividends by a whopping 25%. In contrast, Royal Gold raised its dividend by only 4.4% in 2016.

Continue reading

Source: Fool.com