In today’s markets, it can still be difficult for silver-focused investors to turn a profit. 

Silver prices have started to bounce back, having gained an impressive 20 percent since the start of 2016, but there’s still a long way to go for the white metal. As of mid-April 2016, the silver price had lost 60 percent over the previous five years, and many miners continue to struggle despite aggressive cost cutting.

That’s why some investors are looking to the top silver stocks that pay dividends. A dividend is a sum of money that is paid regularly by a company to a class of its shareholders out of its earnings. Dividends are often issued as cash payments, but can also be issued as stock or other property.

With that in mind, here’s a brief overview of five top silver stocks that pay dividends. They may be worth some attention as the silver price begins to rise again.

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1. Silver Wheaton (TSX:SLW,NYSE:SLW)

Silver Wheaton is a well-known name in the silver space, largely because of its business model – it’s the world’s largest precious metals streaming company, which means that it’s made upfront payments to a variety of companies in order to gain the right to purchase, at a low, fixed cost, all or a portion of the companies’ silver and gold production.

The company currently has streaming agreements in place for 22 operating mines and seven development-stage projects. It is interested in companies operating in politically stable jurisdictions, and states that it has growth potential as well as “

[l]everage to increases in the price of silver and gold.” As a result, Silver Wheaton sees itself as offering investors multiple benefits while reducing many of the downside risks that traditional mining companies face.

Silver Wheaton has a dividend reinvestment plan that is optional for its shareholders. The process for enrolling in the plan is different for different types of shareholders, and the company lays out all of them on its website.

The highest dividend paid by Silver Wheaton was US$0.14 per share on April 12, 2013. Most recently, it paid its first quarterly dividend of 2016 of US$0.05 per common share. The dividend was equal to 20 percent of the average cash generated by operating activities over the last four quarters, divided by the company’s outstanding shares at the time the dividend was approved.

2. Pan American Silver (TSX: