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GAMCO Global Gold Natural Resources &ome Trust (GAMCO Global Gold Natural Resources &ome Trust) 5-Year Yield-on-Cost % : 17.33 (As of Apr. 24, 2024)


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GAMCO Global Gold Natural Resources &ome Trust's yield on cost for the quarter that ended in Jun. 2023 was 17.33.


The historical rank and industry rank for GAMCO Global Gold Natural Resources &ome Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

GGN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.59   Med: 26.61   Max: 48.36
Current: 17.33

During the past 13 years, GAMCO Global Gold Natural Resources &ome Trust's highest Yield on Cost was 48.36. The lowest was 3.59. And the median was 26.61.


GGN's 5-Year Yield-on-Cost % is ranked better than
93.99% of 1214 companies
in the Asset Management industry
Industry Median: 6.01 vs GGN: 17.33
Competitive Comparison

For the Asset Management subindustry, GAMCO Global Gold Natural Resources &ome Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, GAMCO Global Gold Natural Resources &ome Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where GAMCO Global Gold Natural Resources &ome Trust's 5-Year Yield-on-Cost % falls into.


GAMCO Global Gold Natural Resources &ome Trust 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of GAMCO Global Gold Natural Resources &ome Trust is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

GAMCO Global Gold Natural Resources &ome Trust  (AMEX:GGN) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

GAMCO Global Gold Natural Resources &ome Trust 5-Year Yield-on-Cost % Related Terms

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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 » 5-Year Yield-on-Cost %
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