GAMCO Natural Resources (NYSE:GNT) declared a monthly dividend on Friday, May 18th, Wall Street Journal reports. Stockholders of record on Friday, September 14th will be paid a dividend of 0.05 per share by the investment management company on Friday, September 21st. This represents a $0.60 annualized dividend and a dividend yield of 9.43%. The ex-dividend date is Thursday, September 13th.
GAMCO Natural Resources has decreased its dividend payment by an average of 25.3% annually over the last three years.
Shares of GAMCO Natural Resources traded up $0.02, hitting $6.36, during trading hours on Friday, according to MarketBeat.com. 49,200 shares of the stock traded hands, compared to its average volume of 58,138. GAMCO Natural Resources has a 1-year low of $6.00 and a 1-year high of $7.23.
About GAMCO Natural Resources
GAMCO Natural Resources, Gold & Income Trust is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income from interest, dividends and option premiums. The Fund’s secondary investment objective is to seek capital appreciation consistent with the Fund’s strategy and its primary objective.
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