The Prettiest Dividend in the Worldhttp://www.fool.com/investing/dividends-income/2012/03/13/the-prettiest-dividend-in-the-world.aspx Christopher Barker
March 13, 2012
With two-year U.S. Treasury bonds offering a meaningless yield of 0.35%, it's no wonder that investors are clamoring for attractive dividends to help keep their income streams flowing.
Mortgage REIT Annaly Capital (NYSE: NLY ) seems a popular choice with investors, given its current 14.1% yield, but my own personal aversion to leverage forces me to steer clear. I enjoyed a nice ride -- albeit it a bumpy one -- with Penn West Energy that began amidst the carnage of the infamous Halloween massacre of 2006; but after locking in those gains last year, I set out to find the next target for my income allocation.
And then, like clockwork, the broadly increasing dividend yields from gold and silver miners that I had urged investors to watch for began to take shape in earnest. Even with its relatively elevated cost structure, major producer Gold Fields now yields more than 3%! By linking their payouts to the prevailing price of their primary products, Newmont Mining (NYSE: NEM ) and Hecla Mining (NYSE: HL ) offer added enticement for income investors sharing my expectation for continued long-term gains in the monetary metals. Meanwhile, for Fools who are cognizant of Eldorado Gold's (NYSE: EGO ) remarkable production growth profile, this mid-tier marvel will shine with a dividend policy that's tied to both production volume and the average gold price.
Although Eldorado's innovative dividend policy shines, the dividends that will soo