This list ranks the top silver dividend stocks trading in the United States by biggest dividend yield right now. And this list includes one of our newest silver stock recommendations...
| Silver Dividend Stock | Current Price | 2017 Performance | Quarterly Dividend | Dividend Yield (as of June 21) |
| BHP Billiton Plc. (NYSE ADR: BBL) | $29.16 | -7.5% | $0.80 | 4.81% |
| BHP Billiton Ltd. (NYSE ADR: BHP) | $33.88 | -5.4% | $0.80 | 4.14% |
| Tahoe Resources Inc. (NYSE: TAHO) | $8.21 | -12.8% | $0.02 | 2.91% |
| Wheaton Precious Metals Corp. (NYSE: WPM) | $19.25 | -0.4% | $0.07 | 1.45% |
| Franco Nevada Corp. (NYSE: FNV) | $71.90 | +20.4% | $0.31 | 1.28% |
| Materion Corp. (NYSE: MTRN) | $37.20 | -6.4% | $0.10 | 1.08% |
| Pan American Silver Corp. (Nasdaq: PAAS) | $16.30 | +8.2% | $0.03 | 0.61% |
| Hecla Mining Co. (NYSE: HL) | $5.17 | -1% | $0.25 | 0.19% |
As you can see, six of the eight silver stocks listed above are down so far this year. Their weak performances are largely due to extreme volatility in silver prices in 2017, which have seen three sharp corrections so far this year...
After surging 15.6% from $15.99 on Dec. 30, 2016, to a peak of $18.49 on March 1, the price of silver fell 8.5% to $16.92 by March 15. The next correction occurred between April 17 and May 9, when the metal plunged 13.2% from $18.51 to $16.07. And we're in the third silver price slump right now, which has seen it fall 7.5% from a June 6 peak of $17.1 to today's price of $16.38.
The huge swing in silver prices is due to a strengthening U.S. economy, which makes investors less interested in safe-haven investments like silver and silver stocks. The U.S. Department of Labor reported that the country's unemployment rate sank to a 16-year low of 4.3% in May. There were also 138,000 jobs added last month, marking a 1.6% jump in year-over-year jobs growth. That strength in the labor market was more than enough to persuade the U.S. Federal Reserve to raise interest rates three times so far this year.
But silver dividend stocks can still be great income investments in this volatile price environment. Many of the companies listed above haven't cut their dividends so far this year. In fact, the silver dividend stock with the highest yield on the list - BHP Billiton Plc. - nearly tripled its quarterly dividend, from $0.28 per share to $0.80 in March. That indicates many of these stocks are dedicated to paying their shareholders even if their stock prices fall.
Urgent: An incredibly rare gold anomaly is shaping up in the markets as we speak -- one that has occurred ONLY twice in the past 20 years. And it's about to happen again. Details here...
While we don't recommend investing in just any silver stock with a big dividend, one of the firms listed above is on Money Morning Chief Investment Strategist Keith Fitz-Gerald's radar. This company has a dominant position in the silver market, and Thomson Reuters analysts think it could give investors a 42.6% profit over the next year.
Here's why you should consider this silver stock today...
This Could Be One of the Best Silver Dividend Stocks to Buy in 2017
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We recommend checking out Wheaton Precious Metals Corp. (NYSE: WPM). Formerly known as Silver Wheaton Corp., the Canada-based firm changed its name on May 10. Regardless, WPM is our pick for the best silver stock to buy in 2017.
Keith is keeping his eye on Wheaton stock. That's because it's the world's biggest precious metals streaming company.
A silver streamer is a company that makes a deal with a silver mining company to buy its production at a fixed price. That kind of agreement can give streaming companies like Wheaton the upper hand because they can buy silver at a discount if the price of silver suddenly jumps before they receive the miner's supply.
And because we expect silver prices to rise 34.3% to $22 this year, we're especially bullish on Wheaton's business model.
The WPM stock price hovers at $19.45 right now, and we expect it to hand you more profits in 2017. Other analysts, including those from Thomson Reuters, give it an average one-year target of $27.73 per share. In other words, you could potentially reap a 42.6% return if you buy into Wheaton stock today. That makes it one of the best silver investments to have in 2017.
But that's not the only investment Keith is looking at right now. Here are three others you should consider this year...