GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Dividend of $0.04 (NYSEAMERICAN:GGN)

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) declared a monthly dividend on Wednesday, August 12th. Investors of record on Friday, November 13th will be given a dividend of 0.035 per share by the investment management company on Friday, November 20th. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Friday, November 13th.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

Shares of NYSEAMERICAN:GGN opened at $5.36 on Thursday. The firm has a 50 day simple moving average of $4.94 and a 200 day simple moving average of $5.24. GAMCO Global Gold, Natural Resources & Income Trust has a one year low of $4.43 and a one year high of $5.88.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Global Retirement Partners LLC boosted its holdings 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 acquiring an additional 3,601 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter worth about $51,000. NBC Securities Inc. increased its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 155.6% in the 4th quarter. NBC Securities Inc. now owns 11,500 shares of the investment management company’s stock worth $59,000 after purchasing an additional 7,000 shares in the last quarter. Equitable Holdings Inc. bought a new position in GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter valued at about $66,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter valued at about $77,000.

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.