As of today (2024-04-24), the Trailing Annual Dividend Yield of GAMCO Global Gold Natural Resources &ome Trust is 8.92%.
Warning Sign:
GAMCO Global Gold Natural Resources & Income Trust stock dividend yield is close to 5-year low.
The historical rank and industry rank for GAMCO Global Gold Natural Resources &ome Trust's Dividend Yield % or its related term are showing as below:
GGN'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.85 Med: 13.7 Max: 24.9
Current: 8.92
During the past 13 years, the highest Dividend Yield of GAMCO Global Gold Natural Resources &ome Trust was 24.90%. The lowest was 1.85%. And the median was 13.70%.
GGN's Dividend Yield % is ranked better than 74.16% of 1215
companies
in the Asset Management industry
Industry Median: 5.67
vs GGN: 8.92
GAMCO Global Gold Natural Resources &ome Trust's Dividend Payout Ratio for the
six
months ended in Jun. 2023 was 0.86.
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.
As of today (2024-04-24), the Forward Dividend Yield % of GAMCO Global Gold Natural Resources &ome Trust is 8.92%.
GAMCO Global Gold Natural Resources &ome Trust's Dividends per Share for the
six
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 Yield % Historical Data
The historical data trend for GAMCO Global Gold Natural Resources &ome Trust's Dividend Yield % 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 Annual Data
For the Asset Management subindustry, GAMCO Global Gold Natural Resources &ome Trust's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution
For the Asset Management industry and Financial Services sector, GAMCO Global Gold Natural Resources &ome Trust's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where GAMCO Global Gold Natural Resources &ome Trust's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
GAMCO Global Gold Natural Resources &ome Trust Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.030
2024-04-15
2024-04-16
2024-04-23
Cash Dividend
monthly
USD:USD 1.000000
USD 0.030
2024-03-13
2024-03-14
2024-03-21
Cash Dividend
monthly
USD:USD 1.000000
USD 0.030
2024-02-13
2024-02-14
2024-02-22
Cash Dividend
monthly
USD:USD 1.000000
USD 0.030
2024-01-16
2024-01-17
2024-01-24
Cash Dividend
monthly
USD:USD 1.000000
USD 0.030
2023-12-14
2023-12-15
2023-12-22
Cash Dividend
monthly
USD:USD 1.000000
USD 0.030
2023-11-14
2023-11-15
2023-11-22
Cash Dividend
monthly
USD:USD 1.000000
USD 0.030
2023-10-16
2023-10-17
2023-10-24
Cash Dividend
monthly
USD:USD 1.000000
USD 0.030
2023-09-14
2023-09-15
2023-09-22
Cash Dividend
monthly
USD:USD 1.000000
USD 0.030
2023-08-16
2023-08-17
2023-08-24
Cash Dividend
monthly
USD:USD 1.000000
USD 0.030
2023-07-14
2023-07-17
2023-07-24
Cash Dividend
monthly
USD:USD 1.000000
USD 0.030
2023-06-14
2023-06-15
2023-06-23
Cash Dividend
monthly
USD:USD 1.000000
USD 0.030
2023-05-15
2023-05-16
2023-05-23
Cash Dividend
monthly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
GAMCO Global Gold Natural Resources &ome Trust's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.36
/
4.04
=
8.91 %
Current Share Price is $4.04.
GAMCO Global Gold Natural Resources &ome Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.36.
GAMCO Global Gold Natural Resources &ome Trust's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.36
/
4.04
=
8.91 %
Current Share Price is $4.04.
GAMCO Global Gold Natural Resources &ome Trust's Dividends per Share for the forward twelve months is calculated as $0.03 * 12 = $0.36.
* 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.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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 Yield % Related Terms
Thank you for viewing the detailed overview of GAMCO Global Gold Natural Resources &ome Trust's Dividend Yield % 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
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.
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