Best Mining Dividend Stocks to Maximize Your Returns - 2024

Mining dividend stocks offer investors a unique opportunity to benefit from the steady demand for essential resources such as gold, copper, and other minerals, while also earning reliable income through dividends. The mining industry plays a critical role in the global economy, supplying the raw materials needed for infrastructure, technology, and energy production. With many mining companies offering consistent dividend payouts, this sector is an attractive option for income-focused investors seeking stability and long-term growth. We’ll highlight the best mining dividend stocks, focusing on their dividend yields, performance, and why they stand out in the market.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
SSR Mining-%-3.04%-3.07%0.49%-0.16%0.00%0.00%
OceanaGold0.63%21.45%33.65%1.25%0.04%0.00%0.00%
Centamin2.26%54.65%26.14%1.55%0.06%-18.48%0.00%
Alphamin Resources8.41%66.95%13.52%2.76%0.22%0.00%0.00%
Altius Minerals1.35%108.16%91.15%2.48%0.03%8.97%0.00%
Aura Minerals4.83%-82.40%-16.71%3.84%-0.19%0.00%0.00%
Silvercorp Metals0.77%8.08%11.81%0.93%0.10%0.00%0.00%
Amerigo Resources9.99%94.22%9.37%1.83%0.19%0.00%0.00%
Mineros7.50%29.86%4.05%0.91%0.24%0.00%0.00%
Fortitude Gold9.06%544.25%60.18%1.13%0.02%0.00%0.00%
First Industrial Realty Trust2.71%60.52%22.66%2.65%0.12%8.03%14.18%
Republic Services1.05%34.17%33.30%5.84%0.18%7.42%7.60%
Waste Management1.44%45.06%31.76%10.51%0.36%8.52%6.73%
Vedanta6.93%0.00%17.71%5.36%0.30%10.35%44.27%
CSN Mineração5.29%60.20%7.92%3.43%0.36%0.00%0.00%
African Rainbow Minerals8.98%99.71%6.94%0.61%0.09%21.06%17.69%
Exxaro Resources7.78%67.74%2.41%0.82%0.34%0.85%19.46%
Arch Resources2.12%50.87%15.52%1.93%0.12%46.13%0.00%
Alliance Resource Partners10.81%78.79%7.21%1.74%0.24%6.23%-4.77%
Coal India6.28%0.00%7.29%2.65%0.42%0.62%5.76%
China Shenhua Energy6.84%82.02%11.46%1.59%0.14%20.48%9.01%
Boliden2.36%70.86%10.60%1.50%0.15%9.99%15.57%
Vale10.70%65.65%4.26%1.03%0.24%17.48%3.47%
Rio Tinto6.98%63.95%9.43%1.83%0.20%5.54%8.49%
Deterra Royalties4.87%58.31%10.04%25.29%2.42%0.00%0.00%
Caledonia Mining5.29%123.21%20.70%0.81%0.04%15.28%25.03%
CONSOL Energy0.43%2.05%8.31%2.24%0.29%0.00%0.00%
Iluka Resources1.60%10.75%7.92%0.94%0.12%-8.05%4.37%
Warrior Met Coal1.29%11.67%8.77%1.59%0.19%-29.64%0.00%
Endeavour Mining4.33%-28.76%-13.32%1.58%-0.11%0.00%0.00%
DRDGOLD2.18%76.12%11.36%2.19%0.20%46.26%-2.35%
Gold Fields2.70%54.64%19.71%2.76%0.14%48.64%17.20%
Alpha Metallurgical Resources-%4.47%8.27%1.83%0.23%0.00%0.00%
Agnico Eagle Mines1.89%65.81%42.38%2.07%0.05%29.46%6.16%
Antofagasta1.43%67.33%16.25%2.47%0.15%0.00%0.00%
Nutrien4.46%144.91%32.52%0.95%0.03%5.40%0.00%
South321.63%-80.39%-47.71%1.07%-0.02%-9.71%0.00%
MOIL1.71%0.00%20.70%2.76%0.14%-7.67%-3.91%
NACCO Industries2.94%-37.04%-12.58%0.56%-0.05%5.44%-1.50%
Fresnillo1.24%13.43%18.80%1.64%0.09%-13.13%0.00%
Gujarat Mineral Development2.64%0.00%18.11%1.86%0.10%26.75%14.33%
NLC India1.17%0.00%18.05%1.87%0.10%-4.90%2.26%
Teck Resources1.57%105.10%70.04%1.38%0.02%27.71%-2.02%
Perseus Mining1.92%11.21%6.10%1.56%0.27%0.00%0.00%
Evolution Mining1.24%18.11%23.22%2.37%0.11%-14.05%0.00%
Gold Road Resources1.13%19.02%16.12%2.26%0.14%0.00%0.00%
Sandstorm Gold1.11%49.48%47.76%1.18%0.02%0.00%0.00%
Hindustan Copper0.31%0.00%70.38%11.76%0.18%35.69%0.00%
BEML0.47%0.00%64.07%6.78%0.11%4.56%14.87%
Grupo México1.54%52.66%11.06%1.95%0.18%9.46%-31.08%
Peabody Energy1.36%7.21%5.85%0.86%0.15%0.00%0.00%
Hudbay Minerals0.16%6.36%41.98%1.43%0.04%-0.75%-18.21%
Cameco0.14%44.71%315.09%5.91%0.02%7.94%-14.03%
ASA Gold and Precious Metals0.19%0.00%7.45%1.00%0.15%-7.79%-19.73%
Freeport-McMoRan1.37%43.19%31.55%3.60%0.12%31.95%0.00%
Franco-Nevada1.18%-38.12%-37.11%3.92%-0.11%7.44%6.57%
Newmont2.49%-109.88%-38.28%1.55%-0.04%23.36%2.71%
Barrick Gold2.23%43.24%18.07%1.23%0.07%14.50%-2.86%
Wheaton Precious Metals1.02%45.58%45.08%3.78%0.09%10.76%2.92%
Kinross Gold1.23%20.25%16.19%1.81%0.12%0.00%0.00%
Lundin Mining3.45%74.89%27.39%1.50%0.06%23.70%0.00%
Pan American Silver1.80%-310.48%-171.03%1.74%-0.01%23.36%-2.21%
Royal Gold1.09%36.04%33.57%3.18%0.10%8.45%4.03%
Alamos Gold0.38%14.26%33.43%2.32%0.08%37.97%-6.70%
B2Gold6.11%-25.27%-4.68%1.13%-0.20%0.00%0.00%
Triple Flag Precious Metals1.30%-79.19%-61.38%1.95%-0.03%0.00%0.00%
Lundin Gold2.41%38.99%19.38%5.21%0.30%0.00%0.00%
Osisko Gold Royalties0.97%-76.08%-91.95%3.04%-0.03%3.11%0.00%
Hecla Mining0.68%557.33%985.34%1.79%0.00%25.39%5.88%
First Majestic Silver0.30%-6.65%-23.24%1.32%-0.06%0.00%0.00%
Centerra Gold3.38%42.91%12.36%0.73%0.06%0.00%0.00%
Dundee Precious Metals1.74%14.46%8.27%1.36%0.17%0.00%0.00%
Vox Royalty1.78%-200.11%-119.77%3.01%-0.02%0.00%0.00%
Southern Copper1.98%61.44%27.12%9.20%0.37%23.43%19.42%