GAMCO Global Gold Ntrl Rsrcs & Incm Trst Declares Monthly Dividend of $0.05 (GGN)
GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSEAMERICAN:GGN) announced a monthly dividend on Friday, August 24th, Wall Street Journal reports. Investors of record on Thursday, November 15th will be given a dividend of 0.05 per share by the investment management company on Friday, November 23rd. This represents a $0.60 annualized dividend and a yield of 12.10%. The ex-dividend date is Wednesday, November 14th.
GAMCO Global Gold Ntrl Rsrcs & Incm Trst has decreased its dividend by an average of 25.3% per year over the last three years.
NYSEAMERICAN:GGN traded up $0.07 during mid-day trading on Friday, hitting $4.96. 508,729 shares of the company’s stock were exchanged, compared to its average volume of 489,774. GAMCO Global Gold Ntrl Rsrcs & Incm Trst has a one year low of $4.80 and a one year high of $5.77.
GAMCO Global Gold, Natural Resources & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of gold, or the financing, managing and controlling, or operating of companies engaged in gold related activities.
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