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

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) declared a monthly dividend on Wednesday, August 12th. Stockholders of record on Friday, December 11th will be paid a dividend of 0.06 per share by the investment management company on Friday, December 18th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend is Friday, December 11th.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

GNT stock opened at $9.01 on Thursday. GAMCO Natural Resources, Gold & Income Trust has a 12-month low of $6.43 and a 12-month high of $9.30. The company’s fifty day simple moving average is $8.29 and its 200 day simple moving average is $8.40.

Institutional Trading of GAMCO Natural Resources, Gold & Income Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Stephens Inc. AR increased its stake in GAMCO Natural Resources, Gold & Income Trust by 3.1% in the 1st quarter. Stephens Inc. AR now owns 40,148 shares of the investment management company’s stock valued at $335,000 after buying an additional 1,222 shares during the last quarter. Private Advisor Group LLC boosted its position in GAMCO Natural Resources, Gold & Income Trust by 12.9% in the first quarter. Private Advisor Group LLC now owns 135,051 shares of the investment management company’s stock worth $1,128,000 after purchasing an additional 15,378 shares during the last quarter. Kestra Private Wealth Services LLC grew its stake in GAMCO Natural Resources, Gold & Income Trust by 32.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 17,700 shares of the investment management company’s stock valued at $148,000 after purchasing an additional 4,300 shares during the period. Brookstone Capital Management increased its holdings in GAMCO Natural Resources, Gold & Income Trust by 270.2% during the first quarter. Brookstone Capital Management now owns 52,796 shares of the investment management company’s stock worth $441,000 after buying an additional 38,536 shares during the last quarter. Finally, Wedbush Securities Inc. raised its position in GAMCO Natural Resources, Gold & Income Trust by 20.9% in the fourth quarter. Wedbush Securities Inc. now owns 14,515 shares of the investment management company’s stock worth $108,000 after acquiring an additional 2,508 shares during the period.

GAMCO Natural Resources, Gold & Income Trust Company Profile

The GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT) is a closed-end management investment company that seeks total return through a combination of capital appreciation and current income. The fund primarily invests in equity securities of companies engaged in the natural resources sector, including mining, energy, agriculture and forestry businesses. In addition to selecting resource-oriented equities, the trust employs a covered-call writing strategy on select holdings to generate supplemental income for its shareholders.

Portfolio exposures span a broad range of industries within the natural resources space, such as precious metals producers, base metals miners, oil and gas companies, agricultural firms and related service providers.