GAMCO Global Gold, Natural Resources & Income Trust Announces Monthly Dividend of $0.03 (NYSEAMERICAN:GGN)

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) declared a monthly dividend on Monday, May 19th, Wall Street Journal reports. Investors of record on Tuesday, September 16th will be given a dividend of 0.03 per share by the investment management company on Tuesday, September 23rd. This represents a $0.36 dividend on an annualized basis and a yield of 8.47%. The ex-dividend date of this dividend is Tuesday, September 16th.

GAMCO Global Gold, Natural Resources & Income Trust has decreased its dividend payment by an average of 7.3% annually over the last three years.

GAMCO Global Gold, Natural Resources & Income Trust Trading Up 1.7%

GGN opened at $4.25 on Wednesday. GAMCO Global Gold, Natural Resources & Income Trust has a twelve month low of $3.68 and a twelve month high of $4.48. The stock’s 50-day simple moving average is $4.23.

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

A hedge fund recently raised its stake in GAMCO Global Gold, Natural Resources & Income Trust stock. Royal Bank of Canada increased its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 7.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 251,961 shares of the investment management company’s stock after buying an additional 16,841 shares during the period. Royal Bank of Canada’s holdings in GAMCO Global Gold, Natural Resources & Income Trust were worth $1,101,000 at the end of the most recent quarter.

GAMCO Global Gold, Natural Resources & Income Trust 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.