GAMCO Natural Resources, Gold & Income Trust (GNT) to Issue Monthly Dividend of $0.03 on July 24th

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) announced 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 dividend on an annualized basis and a yield of 6.34%. The ex-dividend date is Wednesday, July 17th.

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

Shares of GNT stock opened at $5.68 on Monday. GAMCO Natural Resources, Gold & Income Trust has a 52-week low of $4.59 and a 52-week high of $5.69. The company has a 50-day simple moving average of $5.46 and a two-hundred day simple moving average of $5.22.

Insiders Place Their Bets

In other news, major shareholder Saba Capital Management, L.P. acquired 17,344 shares of GAMCO Natural Resources, Gold & Income Trust stock in a transaction on Monday, June 24th. The stock was acquired at an average cost of $5.44 per share, with a total value of $94,351.36. Following the transaction, the insider now 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 available through the SEC website. In the last ninety days, insiders bought 83,484 shares of company stock valued at $455,895.

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.