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

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) announced a monthly dividend on Thursday, February 13th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.04 per share by the investment management company on Wednesday, April 23rd. This represents a $0.48 dividend on an annualized basis and a yield of 8.11%. The ex-dividend date is Tuesday, April 15th.

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

GAMCO Natural Resources, Gold & Income Trust Stock Up 4.4 %

NYSE:GNT opened at $5.92 on Friday. GAMCO Natural Resources, Gold & Income Trust has a 1 year low of $5.02 and a 1 year high of $6.16. The stock has a 50-day simple moving average of $5.84 and a 200-day simple moving average of $5.78.

Insider Activity at GAMCO Natural Resources, Gold & Income Trust

In other news, major shareholder Saba Capital Management, L.P. sold 14,415 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The shares were 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 in the company, valued at approximately $10,511,276.20. The trade was a 0.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 56,928 shares of company stock valued at $338,622 over the last three months.

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.