#7 - Royal Gold (NASDAQ:RGLD)
The last stock on this list is Royal Gold (NASDAQ: RGLD). While investors in physical gold didn’t see much movement this year, the same can’t be said of gold mining stocks. Royal Gold is up 18% in the last year. That’s not too surprising because gold and equities tend to move in opposite directions.
Still, gold stocks aren’t always the most attractive investment. But with a profit margin of over 40%, investors may want to look closer. Gold is expected to grow at a compound annual growth rate of 3.1% through 2026. That’s not particularly exciting, but it’s comparable to what investors may get from other fixed-income investments, even with the Federal Reserve continuing to raise and maintain interest rates.
If that’s not enough, Royal Gold has increased its dividend for the last 20 years. This allows investors to enjoy the $1.40 per annual share payout on top of the share price growth, which has averaged 8% in the last five years.
About Royal Gold
Royal Gold, Inc, together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. The company engages in acquiring stream and royalty interests or to finance projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and other metals.
Read More - Current Price
- $148.99
- Consensus Rating
- Hold
- Ratings Breakdown
- 4 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $165.43 (11.0% Upside)
Mid-cap stocks are a good way to diversify your portfolio. But ultimately your decision to invest in mid-cap stocks comes down to your risk tolerance, timeframe and investment objectives. The stocks on this list were selected using the MarketBeat stock screener tool available to All-Access members.
One way for more risk-averse investors to invest in mid-cap stocks is through exchange-traded funds (ETFS). Some of the most popular ETFs for investors to consider include the Vanguard Mid-Cap ETF (NYSEARCA:VO) and the Invesco S&P Mid-Cap Low Volatility ETF (NYSEARCA:XMLV).
And for investors looking to optimize the dividend part of their portfolio, they may want to consider the ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL). This allows you to benefit from companies that have been growing their dividend in at least each of the last 25 consecutive years.
None of the stocks in this presentation are at the dividend aristocrat level…yet. But several are trending in that direction. And if you're a long-term investor, investing in these stocks at their current prices is likely to become a sound investment when the market recovers.
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