GAMCO Global Gold, Natural Resources & Income Trust (GGN) to Distribute Monthly Dividend of $0.03 on August 24th

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) announced a monthly dividend on Wednesday, May 13th. Shareholders of record on Monday, August 17th will be paid a dividend of 0.03 per share by the investment management company on Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend is Monday, August 17th.

GAMCO Global Gold, Natural Resources & Income Trust Stock Down 0.2%

NYSEAMERICAN GGN opened at $5.32 on Friday. The stock’s 50-day moving average price is $4.95 and its 200-day moving average price is $5.24. GAMCO Global Gold, Natural Resources & Income Trust has a 52 week low of $4.43 and a 52 week high of $5.88.

Institutional Investors Weigh In On GAMCO Global Gold, Natural Resources & Income Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. RFG Advisory LLC lifted its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 8.6% during the first quarter. RFG Advisory LLC now owns 26,190 shares of the investment management company’s stock valued at $139,000 after purchasing an additional 2,071 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 15.6% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 20,716 shares of the investment management company’s stock worth $107,000 after purchasing an additional 2,789 shares in the last quarter. Ashton Thomas Securities LLC raised its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 2.4% during the 4th quarter. Ashton Thomas Securities LLC now owns 125,705 shares of the investment management company’s stock valued at $649,000 after purchasing an additional 3,005 shares during the period. Carnegie Lake Advisors LLC raised its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 3.2% during the 4th quarter. Carnegie Lake Advisors LLC now owns 111,481 shares of the investment management company’s stock valued at $575,000 after purchasing an additional 3,500 shares during the period. Finally, Global Retirement Partners LLC raised its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 165.9% during the 4th quarter. Global Retirement Partners LLC now owns 5,771 shares of the investment management company’s stock valued at $30,000 after purchasing an additional 3,601 shares during the period.

GAMCO Global Gold, Natural Resources & Income Trust Company Profile

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN: GGN) is a closed-end management investment company sponsored by GAMCO Investors, Inc The trust seeks to provide current income and secondarily capital appreciation by investing primarily in equity and income‐producing securities of gold, natural resource and other commodity-related issuers. Shares of GGN are traded on the NYSE American exchange, offering investors access to a diversified portfolio of companies involved in mining, energy production and related industries.

The fund’s portfolio typically includes common and preferred stocks, debt instruments, royalty interests and other income-producing securities issued by issuers engaged in exploration, extraction, processing and distribution of precious metals, energy and natural resources.