Warren Buffett apparently does not invest in gold because it does not produce anything. However, RGLD generates dividends. It is a gold-related stock that pays dividends.
As mentioned earlier, RGLD pays dividends and has been increasing them for over 20 years. Currently, the dividend yield is about 1%, so it is not a high dividend stock, but the yield can be expected to increase through dividend increases.
In addition, while there is some correlation with the gold price, RGLD is a stock that fluctuates significantly compared to the upward trend. It is not a stock to buy at high prices. On the other hand, it is a good buying opportunity...
RGLD is a company that manages royalties for gold mines. It is also included in the gold mining stock ETF. $VanEck Gold Miners Equity ETF (GDX.US)$
As I mentioned earlier, RGLD pays dividends and has been increasing them for over 20 years. Currently, the dividend yield is about 1%, so it is not a high dividend stock, but it is expected to increase the yield through dividend increases.
In addition, although there is a certain correlation with the price of gold, RGLD is a stock that fluctuates quite a bit compared to the upward trend of gold, so it is not a stock to buy at high prices. On the other hand, it can be said that it is a stock where buying on dips works. $Gold Futures(DEC4) (GCmain.US)$ I personally buy it at low prices and hold it in a long-term investment account. Now that gold is soaring and RGLD has reached its all-time high, I wish I had bought more. However, I want to continue holding it as a stock that shines even more with interest rate cuts.
I am holding it as a stock that shines even more with interest rate cuts.
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おねご OP : The price of gold is hitting new highs. It's doing very well