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GAMCO Global Gold Natural Resources &ome Trust (GAMCO Global Gold Natural Resources &ome Trust) Dividend Payout Ratio : 0.86 (As of Jun. 2023)


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What is GAMCO Global Gold Natural Resources &ome Trust Dividend Payout Ratio?

GAMCO Global Gold Natural Resources &ome Trust's dividend payout ratio for the months ended in Jun. 2023 was 0.86.

The historical rank and industry rank for GAMCO Global Gold Natural Resources &ome Trust's Dividend Payout Ratio or its related term are showing as below:

GGN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.91   Max: 2.82
Current: 0.53

During the past 13 years, the highest Dividend Payout Ratio of GAMCO Global Gold Natural Resources &ome Trust was 2.82. The lowest was 0.24. And the median was 0.91.

GGN's Dividend Payout Ratio is ranked better than
68.94% of 937 companies
in the Asset Management industry
Industry Median: 0.83 vs GGN: 0.53

As of today (2024-04-25), the Dividend Yield % of GAMCO Global Gold Natural Resources &ome Trust is 8.96%.

During the past 13 years, the highest Trailing Annual Dividend Yield of GAMCO Global Gold Natural Resources &ome Trust was 24.90%. The lowest was 1.85%. And the median was 13.70%.

GAMCO Global Gold Natural Resources &ome Trust's Dividends per Share for the months ended in Jun. 2023 was $0.18.

During the past 3 years, the average Dividends Per Share Growth Rate was -15.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -13.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of GAMCO Global Gold Natural Resources &ome Trust was 74.60% per year. The lowest was -54.50% per year. And the median was -14.95% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

GAMCO Global Gold Natural Resources &ome Trust Dividend Payout Ratio Historical Data

The historical data trend for GAMCO Global Gold Natural Resources &ome Trust's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

GAMCO Global Gold Natural Resources &ome Trust Dividend Payout Ratio Chart

GAMCO Global Gold Natural Resources &ome Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.79 2.82 1.29 1.03

GAMCO Global Gold Natural Resources &ome Trust Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.06 1.90 - 0.38 0.86

Competitive Comparison of GAMCO Global Gold Natural Resources &ome Trust's Dividend Payout Ratio

For the Asset Management subindustry, GAMCO Global Gold Natural Resources &ome Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GAMCO Global Gold Natural Resources &ome Trust's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GAMCO Global Gold Natural Resources &ome Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where GAMCO Global Gold Natural Resources &ome Trust's Dividend Payout Ratio falls into.


GAMCO Global Gold Natural Resources &ome Trust Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

GAMCO Global Gold Natural Resources &ome Trust's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2022 )/ EPS without NRI (A: Dec. 2022 )
=0.36/ 0.35
=1.03

GAMCO Global Gold Natural Resources &ome Trust's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2023 )/ EPS without NRI (Q: Jun. 2023 )
=0.18/ 0.21
=0.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GAMCO Global Gold Natural Resources &ome Trust (AMEX:GGN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

GAMCO Global Gold Natural Resources &ome Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of GAMCO Global Gold Natural Resources &ome Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

GAMCO Global Gold Natural Resources &ome Trust (GAMCO Global Gold Natural Resources &ome Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GAMCO Global Gold Natural Resources & Income Trust (AMEX:GGN) » Definitions » Dividend Payout Ratio
Comparable Companies
CION BIT PEO LDP VINP BHK CEM BTO CCD NMCO BLK BX KKR OSTO:INVE A APO TSX:BN AMP BK OSTO:EQT XSWX:PGHN
Traded in Other Exchanges
GGN.PRB.PFD:USA
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Website
https://www.gabelli.com
GAMCO Global Gold Natural Resources & Income Trust is a non-diversified closed-end management investment company. Its primary investment objective is to provide a high current income and capital appreciation as its secondary objective. To achieve its objective, the fund may invest 80% of its assets in equity securities of companies principally engaged in the gold and natural resources industries. It also intends to earn income through an option strategy of writing (selling) covered call options on equity securities in its portfolio.
Executives
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Elizabeth C Bogan director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
Mario J Gabelli other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Salvatore M Salibello director ONE CORPORATE CENTER, RYE NY 10580
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Urso Mario D director 65 EATON SQUARE, LONDON SW UK X0 041101225