GAMCO Global Gold, Natural Resources & Income Trust (GGN) to Issue Monthly Dividend of $0.03 on September 23rd

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) declared a monthly dividend on Monday, May 19th, Wall Street Journal reports. Shareholders 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 annualized dividend and a dividend yield of 8.47%. The ex-dividend date 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 Stock Up 1.7%

Shares of NYSEAMERICAN:GGN opened at $4.25 on Wednesday. GAMCO Global Gold, Natural Resources & Income Trust has a 12 month low of $3.68 and a 12 month high of $4.48. The firm has a 50-day simple moving average of $4.23.

Institutional Investors 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 raised its position in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) by 7.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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.

About GAMCO Global Gold, Natural Resources & Income Trust

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.