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

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) announced a monthly dividend on Wednesday, November 12th. Investors of record on Thursday, January 15th will be given a dividend of 0.06 per share by the investment management company on Friday, January 23rd. This represents a c) dividend on an annualized basis and a yield of 10.0%. The ex-dividend date of this dividend is Thursday, January 15th. This is a 20.0% increase from GAMCO Natural Resources, Gold & Income Trust’s previous monthly dividend of $0.05.

GAMCO Natural Resources, Gold & Income Trust Price Performance

NYSE:GNT traded down $0.07 during trading hours on Thursday, hitting $7.17. 20,182 shares of the company traded hands, compared to its average volume of 62,145. GAMCO Natural Resources, Gold & Income Trust has a one year low of $5.02 and a one year high of $7.25. The firm’s 50-day simple moving average is $6.97 and its 200-day simple moving average is $6.57.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Wealthcare Advisory Partners LLC increased its position in shares of GAMCO Natural Resources, Gold & Income Trust by 1.3% during the third quarter. Wealthcare Advisory Partners LLC now owns 423,554 shares of the investment management company’s stock valued at $2,978,000 after acquiring an additional 5,608 shares during the last quarter. Advisors Asset Management Inc. raised its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 64.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 373,277 shares of the investment management company’s stock worth $2,624,000 after purchasing an additional 146,933 shares during the period. Capital Wealth Alliance LLC boosted its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 1.3% in the 3rd quarter. Capital Wealth Alliance LLC now owns 365,571 shares of the investment management company’s stock worth $2,570,000 after buying an additional 4,642 shares during the last quarter. Sit Investment Associates Inc. grew its position in GAMCO Natural Resources, Gold & Income Trust by 42.4% during the first quarter. Sit Investment Associates Inc. now owns 172,507 shares of the investment management company’s stock valued at $1,051,000 after buying an additional 51,332 shares during the period. Finally, Private Advisor Group LLC increased its holdings in GAMCO Natural Resources, Gold & Income Trust by 9.1% during the third quarter. Private Advisor Group LLC now owns 113,452 shares of the investment management company’s stock worth $798,000 after buying an additional 9,504 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.