GAMCO Natural Resources, Gold & Income Trust (GNT) to Issue Dividend of $0.04 on July 24th

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) announced a dividend on Wednesday, July 16th, investing.com reports. Investors of record on Friday, July 18th will be paid a dividend of 0.04 per share by the investment management company on Thursday, July 24th. This represents a yield of 7.54%. The ex-dividend date of this dividend is Thursday, July 17th.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

GNT stock opened at $6.35 on Friday. GAMCO Natural Resources, Gold & Income Trust has a one year low of $5.02 and a one year high of $6.62. The company has a fifty day moving average of $6.32 and a 200-day moving average of $5.98.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. sold 54,055 shares of the business’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $6.47, for a total transaction of $349,735.85. Following the completion of the sale, the insider owned 1,607,650 shares in the company, valued at $10,401,495.50. The trade was a 3.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold 138,175 shares of company stock worth $889,754 over the last ninety days.

Institutional Trading of GAMCO Natural Resources, Gold & Income Trust

An institutional investor recently raised its position in GAMCO Natural Resources, Gold & Income Trust stock. NewEdge Advisors LLC increased its position in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) by 3.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 62,164 shares of the investment management company’s stock after purchasing an additional 2,077 shares during the quarter. NewEdge Advisors LLC’s holdings in GAMCO Natural Resources, Gold & Income Trust were worth $379,000 as of its most recent filing with the Securities & Exchange Commission.

About GAMCO Natural Resources, Gold & Income Trust

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.