When you have a retirement account like an individual retirement account (IRA) or a self-directed Roth IRA, you have a lot of options when it comes to investing your money. The best gold stocks to invest in for an IRA are stocks that pay a high percentage of their profits as dividends. This will allow your IRA to grow at a faster rate than stocks that don’t pay dividends. In addition to these stocks, you should also invest in gold bullion. Depending on your risk tolerance, you can also invest in gold mining stocks. Depending on your investment strategy, you may also consider investing in other assets like real estate, cash equivalents, etc. Keep reading to learn more about these gold stocks and others that may be suitable for your IRA.

B2Gold Corp. (TSX: BTO)

B2Gold Corp. is a Canadian mining company that produces gold from its two mines in Panama and Brazil. The company also owns 100% of the Panamanian gold mining joint venture, B2Mining. B2Gold Corp. has been operating since 2001 and has been growing its production capacity to meet the demand for higher-grade gold from the jewelry and electronics industries. B2Gold Corp. has a market cap of $1.79 billion and trades for $32.15 per share. The company pays a quarterly dividend of $0.225 per share, and the most recent dividend payment was issued on February 20, 2019.

Newmont Mining Corp. (NYSE: NEM)

Newmont Mining Corp. is a mining company that operates gold and silver mines in 10 countries around the world. Newmont Mining Corp. has been in business since 1906 and currently has a market cap of $30.88 billion. The company has a long history of paying dividends, and the most recent dividend payment was issued on February 14, 2019. Newmont Mining Corp. pays a quarterly dividend of $0.16 per share, and the most recent ex-dividend date was March 14, 2019. The dividend is payable on April 15, 2019, to shareholders of record on March 15, 2019.

Kinross Gold Corp. (TSX: KGC)

Kinross Gold Corp. is a Canadian mining company that operates gold mines in Canada and Mexico. The company also owns the Black Cat gold mine in Alaska. The Black Cat mine was originally owned by Andeavor, but it sold the mine to Kinross in 2016. The Black Cat mine is a large open-pit gold mine that has been in operation since 2013. The company has a market cap of $2.09 billion and trades for $30.68 per share. The company pays a quarterly dividend of $0.09 per share, and the most recent dividend payment was issued on February 14, 2019. The dividend is payable on April 15, 2019, to shareholders of record on March 15, 2019.

Pan American Silver Corp. (TSX: PAS)

Pan American Silver Corp. is a Canadian mining company that operates a mining project in Mexico. The company owns and operates the Los Cardones copper-gold project in Mexico. Los Cardones is a mining project that has been in operation since 2001, and it is currently in construction. The project is expected to begin commercial production in late 2021. The company also owns a 30% interest in the El Salobre copper-gold project in Mexico. The El Salobre project is currently in the construction phase and is expected to begin commercial production in 2021.

Conclusion

When investing in gold stocks, it’s important to select stocks that pay a high dividend and also have a strong dividend growth history. A good way to find the best gold stocks for an IRA is to look at the dividend payout ratio. You should also consider the dividend growth history of each gold stock as well as the company’s business model and growth potential. In addition to these factors, you should also consider the cost of the stock and the risk level of each company.