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

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) declared a monthly dividend on Wednesday, May 13th. Stockholders 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 dividend yield of 6.7%. The ex-dividend date is Monday, August 17th.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

Shares of GGN opened at $5.38 on Friday. The company’s 50 day simple moving average is $5.37 and its 200-day simple moving average is $5.28. GAMCO Global Gold, Natural Resources & Income Trust has a 12-month low of $4.15 and a 12-month high of $5.88.

Hedge Funds Weigh In On GAMCO Global Gold, Natural Resources & Income Trust

Hedge funds have recently modified their holdings of the business. Eastern Bank grew its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 74.5% during the fourth quarter. Eastern Bank now owns 384,930 shares of the investment management company’s stock worth $1,986,000 after acquiring an additional 164,380 shares during the last quarter. Wolverine Asset Management LLC purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the fourth quarter worth approximately $3,172,000. Compound Planning Inc. grew its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 434.2% during the third quarter. Compound Planning Inc. now owns 162,509 shares of the investment management company’s stock worth $838,000 after acquiring an additional 132,087 shares during the last quarter. JGP Wealth Management LLC purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the fourth quarter worth approximately $224,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the fourth quarter worth approximately $77,000.

About GAMCO Global Gold, Natural Resources & Income Trust

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.