GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSEAMERICAN:GGN) declared a monthly dividend on Friday, May 17th, Wall Street Journal reports. Stockholders of record on Wednesday, July 17th will be paid a dividend of 0.05 per share by the investment management company on Wednesday, July 24th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.02%. The ex-dividend date of this dividend is Tuesday, July 16th.
GAMCO Global Gold Ntrl Rsrcs & Incm Trst has decreased its dividend by an average of 10.6% per year over the last three years.
Shares of GGN stock opened at $4.61 on Friday. GAMCO Global Gold Ntrl Rsrcs & Incm Trst has a 52 week low of $3.51 and a 52 week high of $5.15.
In other news, insider Mario J. Gabelli sold 13,169 shares of the firm’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $4.35, for a total value of $57,285.15. The sale was disclosed in a filing with the SEC, which is accessible through this link.
GAMCO Global Gold Ntrl Rsrcs & Incm Trst Company Profile
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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