GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) to Issue $0.06 Monthly Dividend

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) declared a monthly dividend on Wednesday, November 12th. Stockholders of record on Tuesday, March 17th will be given a dividend of 0.06 per share by the investment management company on Tuesday, March 24th. This represents a c) annualized dividend and a dividend yield of 10.0%. The ex-dividend date is Tuesday, March 17th.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

Shares of GNT traded down $0.07 during trading hours on Thursday, hitting $7.17. The stock had a trading volume of 20,182 shares, compared to its average volume of 62,145. The firm has a 50-day moving average price of $6.97 and a 200 day moving average price of $6.57. GAMCO Natural Resources, Gold & Income Trust has a fifty-two week low of $5.02 and a fifty-two week high of $7.25.

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

Several institutional investors and hedge funds have recently modified their holdings of GNT. Private Advisor Group LLC boosted its position in GAMCO Natural Resources, Gold & Income Trust by 109.4% during the first quarter. Private Advisor Group LLC now owns 66,038 shares of the investment management company’s stock worth $402,000 after purchasing an additional 34,500 shares in the last quarter. Sit Investment Associates Inc. raised its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 42.4% during the 1st quarter. Sit Investment Associates Inc. now owns 172,507 shares of the investment management company’s stock worth $1,051,000 after buying an additional 51,332 shares during the period. Samalin Investment Counsel LLC increased its holdings in GAMCO Natural Resources, Gold & Income Trust by 199.4% in the 1st quarter. Samalin Investment Counsel LLC now owns 52,389 shares of the investment management company’s stock worth $319,000 after acquiring an additional 34,889 shares in the last quarter. Wolverine Asset Management LLC raised its position in GAMCO Natural Resources, Gold & Income Trust by 38.1% during the first quarter. Wolverine Asset Management LLC now owns 61,728 shares of the investment management company’s stock worth $376,000 after acquiring an additional 17,027 shares during the period. Finally, Capital Wealth Alliance LLC purchased a new position in GAMCO Natural Resources, Gold & Income Trust during the second quarter valued at $2,269,000.

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.