GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Announces Monthly Dividend of $0.03

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) declared a monthly dividend on Tuesday, May 21st, Wall Street Journal reports. Investors of record on Monday, September 16th will be given a dividend of 0.03 per share by the investment management company on Monday, September 23rd. This represents a $0.36 annualized dividend and a dividend yield of 6.22%. The ex-dividend date of this dividend is Monday, September 16th.

GAMCO Natural Resources, Gold & Income Trust Trading Up 1.0 %

Shares of NYSE:GNT opened at $5.79 on Friday. The business’s fifty day moving average price is $5.65 and its two-hundred day moving average price is $5.42. GAMCO Natural Resources, Gold & Income Trust has a fifty-two week low of $4.59 and a fifty-two week high of $5.94.

Insider Transactions at GAMCO Natural Resources, Gold & Income Trust

In other news, major shareholder Saba Capital Management, L.P. purchased 17,344 shares of the business’s stock in a transaction that occurred on Monday, June 24th. The stock was purchased at an average cost of $5.44 per share, with a total value of $94,351.36. Following the acquisition, the insider now directly owns 1,821,769 shares of the company’s stock, valued at approximately $9,910,423.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders have bought 47,739 shares of company stock valued at $258,263.

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.