GAMCO Natural Resources (NYSE:GNT) announced a monthly dividend on Friday, May 18th, Wall Street Journal reports. Investors of record on Tuesday, July 17th will be paid a dividend of 0.05 per share by the investment management company on Tuesday, July 24th. This represents a $0.60 dividend on an annualized basis and a yield of 9.43%. The ex-dividend date of this dividend is Monday, July 16th.
GAMCO Natural Resources has decreased its dividend payment by an average of 25.3% annually over the last three years.
Shares of NYSE:GNT opened at $6.36 on Friday. GAMCO Natural Resources has a 1-year low of $6.00 and a 1-year high of $7.23.
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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