The Best Dividend-Paying Gold Stock to Invest $10,000 In Right Now

Group 1: Gold as an Investment - Gold is perceived as a safe-haven investment during economic and political uncertainty, with various ownership methods available, including bullion and mining companies [1] - Gold itself does not generate value beyond its price change, making its value solely dependent on market fluctuations [2] - Owning physical gold, such as coins, can incur storage and transaction fees, making it a less efficient investment method [3][5] Group 2: Investment Alternatives - Investing in gold mining stocks offers growth potential, as financial performance is linked to metal prices, with opportunities for new mines and acquisitions [6] - Streaming and royalty companies like Franco-Nevada present a more favorable investment option, as they provide upfront cash to miners in exchange for future metal purchases at advantageous prices [7][9] Group 3: Franco-Nevada's Business Model - Franco-Nevada has a sustainable business model, evidenced by its 18 consecutive years of annual dividend increases, although the dividend yield is relatively low at 0.9% [10] - The company diversifies its investments across gold, silver, energy, and other metals, providing broader commodity exposure compared to peers [12][13] Group 4: Investment Considerations - A $10,000 investment in Franco-Nevada, priced around $170 per share, would yield approximately 58 shares, offering peace of mind through diversification in a volatile market [15]