Dividend Heroes To Zeros: 4 'Stingy' Canadian Stocks - Kinross Gold (NYSE:KGC), Iamgold (NYSE:IAG)

Dividend-paying stocks are largely misunderstood by many investors. Just because a security is paying, say, 3% today doesn't mean it will continue paying that tomorrow or into the future. That being said, the companies on our list have gone from paying millions in dividends during the past two years, to paying no dividends at all while also seeing its stock price drop.

IAMGOLD Corp. IAG - $1.58Gold IAMGOLD Corporation (IAMGOLD) is a mid-tier mining company with four operating gold mines on three continents. The Company's mines include the Rosebel Gold Mine, Essakane Gold Mine, Sadiola Gold Mine and Yatela Gold Mine. IAMGOLD operates in West Africa, the Guiana Shield of South America, and Quebec and has a pipeline of development and exploration projects.
Market Cap: $650,077,854

Gross Dividends on Common Stock (2014): $0

Gross Dividends on Common Stock (2013): $49,914,000

Gross Dividends on Common Stock (2012): $93,356,610

Kinross Gold Corp. KGC - $2.17 Gold Kinross Gold Corporation is a senior gold mining company engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. The Company's segments include Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano. Its gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana and Mauritania.
Market Cap: $2,567,667,231

Gross Dividends on Common Stock (2014): $0

Gross Dividends on Common Stock (2013): $96,960,600

Gross Dividends on Common Stock (2012): $180,859,830
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