This Is the Top-Rated Dividend Stock to Buy in February 2026

Group 1: Gold Market Overview - Gold prices have increased by more than 50% through October 2025, reaching over $4,000 per troy ounce, marking the strongest annual gain since 1979 [1] - Forecasts for 2026 suggest gold will average above $4,000 per ounce, with some analysts predicting it could approach $5,000 during the year [1] Group 2: Gold Mining Stocks - As gold prices rise, gold mining stocks have generally followed suit, providing opportunities for investors to gain both price appreciation and dividend income [2] - Caledonia Mining Corporation (CMCL) is highlighted as a profitable producer that fits this investment profile [2] Group 3: Caledonia Mining Corporation - Caledonia Mining operates the Blanket Mine in Zimbabwe and has a forward annual dividend of $0.56 per share, yielding 2.11% [3] - The stock has appreciated approximately 187% over the past 52 weeks and is up around 11% year-to-date in early 2026 [4] - CMCL trades at about 8.5x forward earnings, which is lower than the materials sector average of roughly 18.55x [5] Group 4: Dividend and Financial Performance - Caledonia Mining has a forward payout ratio of about 18.72% and has raised its dividend for one consecutive year [6] - The company generates approximately $183 million in annual sales and around $18 million in annual net income [6]