GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Declares $0.04 Monthly Dividend

Posted by John Adams on Mar 15th, 2025

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT – Get Free Report) announced a monthly dividend on Monday, November 18th, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.04 per share by the investment management company on Monday, March 24th. This represents a $0.48 annualized dividend and a dividend yield of 8.12%. The ex-dividend date of this dividend is Monday, March 17th.

GAMCO Natural Resources, Gold & Income Trust has decreased its dividend by an average of 5.7% per year over the last three years.

GAMCO Natural Resources, Gold & Income Trust Trading Up 0.9 %

Shares of NYSE GNT opened at $5.91 on Friday. GAMCO Natural Resources, Gold & Income Trust has a 12-month low of $5.02 and a 12-month high of $6.16. The firm’s 50-day simple moving average is $5.76 and its 200 day simple moving average is $5.78.

Insider Transactions at GAMCO Natural Resources, Gold & Income Trust

In other news, major shareholder Saba Capital Management, L.P. sold 14,415 shares of GAMCO Natural Resources, Gold & Income Trust stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $5.80, for a total transaction of $83,607.00. Following the completion of the sale, the insider now owns 1,812,289 shares of the company’s stock, valued at approximately $10,511,276.20. This trade represents a 0.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

GAMCO Natural Resources, Gold & Income Trust Company Profile

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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.