Reported 2 days ago
Anglogold Ashanti (AU) has seen a year-to-date gain of over 105%, outperforming many competitors in the gold mining sector, with a strong dividend policy that rewards shareholders. Despite recent market fluctuations, analysts believe gold prices remain robust, supported by ongoing geopolitical tensions and significant central bank purchases. Anglogold Ashanti's favorable cost structure and a variable dividend strategy, which aims to pay out 50% of free cash flow, indicate potential for continued investor returns. With an attractive valuation and optimistic cash flow projections, AU appears to remain a compelling investment choice even after its remarkable growth this year.
Source: YAHOO