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

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) declared a monthly dividend on Thursday, May 16th, NASDAQ reports. Shareholders of record on Wednesday, July 17th will be paid a dividend of 0.03 per share by the investment management company on Wednesday, July 24th. This represents a $0.36 annualized dividend and a yield of 6.34%. The ex-dividend date is Wednesday, July 17th.

GAMCO Natural Resources, Gold & Income Trust Trading Up 0.5 %

GNT stock opened at $5.68 on Monday. The firm has a 50 day moving average of $5.46 and a 200-day moving average of $5.22. GAMCO Natural Resources, Gold & Income Trust has a 12-month low of $4.59 and a 12-month high of $5.69.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. bought 25,352 shares of the stock in a transaction on Thursday, June 20th. The shares were bought at an average price of $5.38 per share, with a total value of $136,393.76. Following the completion of the acquisition, the insider now owns 1,804,425 shares of the company’s stock, valued at $9,707,806.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last ninety days, insiders bought 83,484 shares of company stock valued at $455,895.

GAMCO Natural Resources, Gold & Income Trust Company Profile

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.