GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) to Issue $0.03 Monthly Dividend

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) announced a monthly dividend on Monday, November 20th, Wall Street Journal reports. Shareholders of record on Wednesday, February 14th will be paid a dividend of 0.03 per share by the investment management company on Thursday, February 22nd. This represents a $0.36 dividend on an annualized basis and a yield of 7.47%. The ex-dividend date is Tuesday, February 13th.

GAMCO Natural Resources, Gold & Income Trust has decreased its dividend payment by an average of 15.7% per year over the last three years.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

Shares of GAMCO Natural Resources, Gold & Income Trust stock traded up $0.01 during midday trading on Monday, reaching $4.82. The company had a trading volume of 25,304 shares, compared to its average volume of 45,360. The stock has a fifty day simple moving average of $4.85 and a 200 day simple moving average of $5.00. GAMCO Natural Resources, Gold & Income Trust has a 1-year low of $4.59 and a 1-year high of $5.40.

Hedge Funds Weigh In On GAMCO Natural Resources, Gold & Income Trust

Several hedge funds have recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. boosted its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 9.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 25,910 shares of the investment management company’s stock valued at $134,000 after purchasing an additional 2,200 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 1.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 157,561 shares of the investment management company’s stock valued at $649,000 after purchasing an additional 3,000 shares during the period. Guggenheim Capital LLC boosted its position in shares of GAMCO Natural Resources, Gold & Income Trust by 15.0% in the 3rd quarter. Guggenheim Capital LLC now owns 27,241 shares of the investment management company’s stock worth $112,000 after purchasing an additional 3,555 shares during the last quarter. Osaic Holdings Inc. grew its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 8.1% during the second quarter. Osaic Holdings Inc. now owns 52,297 shares of the investment management company’s stock worth $263,000 after purchasing an additional 3,917 shares during the period. Finally, LPL Financial LLC increased its holdings in GAMCO Natural Resources, Gold & Income Trust by 2.7% in the third quarter. LPL Financial LLC now owns 191,266 shares of the investment management company’s stock valued at $945,000 after purchasing an additional 5,042 shares during the last quarter.

GAMCO Natural Resources, Gold & Income Trust Company Profile

GAMCO Natural Resources, Gold & 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 public equity markets across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities.