GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSEAMERICAN:GGN) announced a monthly dividend on Monday, November 19th, Wall Street Journal reports. Shareholders of record on Wednesday, January 16th will be given a dividend of 0.05 per share by the investment management company on Thursday, January 24th. This represents a $0.60 annualized dividend and a yield of 14.74%. The ex-dividend date of this dividend is Tuesday, January 15th.
GAMCO Global Gold Ntrl Rsrcs & Incm Trst has decreased its dividend payment by an average of 10.6% annually over the last three years.
NYSEAMERICAN GGN opened at $4.07 on Monday. GAMCO Global Gold Ntrl Rsrcs & Incm Trst has a 52 week low of $3.51 and a 52 week high of $5.50.
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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.
Further Reading: What Is An Exchange-Traded Fund (ETF)?
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