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GAMCO Global Gold Natural Resources &ome Trust (GAMCO Global Gold Natural Resources &ome Trust) 3-Year Dividend Growth Rate : -15.70% (As of Jun. 2023)


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What is GAMCO Global Gold Natural Resources &ome Trust 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for GAMCO Global Gold Natural Resources &ome Trust's 3-Year Dividend Growth Rate or its related term are showing as below:

GGN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -54.5   Med: -14.95   Max: 74.6
Current: -15.7

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.

GGN's 3-Year Dividend Growth Rate is ranked worse than
93.06% of 865 companies
in the Asset Management industry
Industry Median: 1.7 vs GGN: -15.70

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

GAMCO Global Gold Natural Resources &ome Trust's Dividend Payout Ratio for the six months ended in Jun. 2023 was 0.86. As of today, GAMCO Global Gold Natural Resources &ome Trust's Dividend Yield % is 8.84%.

Warning Sign:

GAMCO Global Gold Natural Resources & Income Trust stock dividend yield is close to 5-year low.

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

Competitive Comparison of GAMCO Global Gold Natural Resources &ome Trust's 3-Year Dividend Growth Rate

For the Asset Management subindustry, GAMCO Global Gold Natural Resources &ome Trust's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GAMCO Global Gold Natural Resources &ome Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where GAMCO Global Gold Natural Resources &ome Trust's 3-Year Dividend Growth Rate falls into.


GAMCO Global Gold Natural Resources &ome Trust 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

GAMCO Global Gold Natural Resources &ome Trust  (AMEX:GGN) 3-Year Dividend Growth Rate Explanation

1. 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 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

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.

2. 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 0.0302024-04-152024-04-162024-04-23Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302024-03-132024-03-142024-03-21Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302024-02-132024-02-142024-02-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302024-01-162024-01-172024-01-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302023-12-142023-12-152023-12-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302023-11-142023-11-152023-11-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302023-10-162023-10-172023-10-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302023-09-142023-09-152023-09-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302023-08-162023-08-172023-08-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302023-07-142023-07-172023-07-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302023-06-142023-06-152023-06-23Cash DividendmonthlyUSD:USD 1.000000
USD 0.0302023-05-152023-05-162023-05-23Cash DividendmonthlyUSD: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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.36/4.08
=8.82 %

Current Share Price is $4.08.
GAMCO Global Gold Natural Resources &ome Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.36.

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%.

Warning Sign:

GAMCO Global Gold Natural Resources & Income Trust stock dividend yield is close to 5-year low.

* 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 3-Year Dividend Growth Rate Related Terms>

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 » 3-Year Dividend Growth Rate
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