GAMCO Global Gold, Natural Resources & Income Trust Stock Dividends Overview

GGN pays dividends monthly. Last paid amount was $0.0300 at Apr 23, 2024. As of today, dividend yield (TTM) is 9.58%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 9.58%
Frequency Monthly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0300
Next Ex-Dividend Date May 15, 2024
Next Payment Date May 23, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from GGN the purchase should be done within the next 14 days.
Here's a simple guide on how to buy GGN stock.

GGN Dividend Payout History

To ensure a understanding of GGN's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 13, 2024 Jun 13, 2024 Jun 21, 2024 $0.0300 0.741%
2 May 15, 2024 May 15, 2024 May 23, 2024 $0.0300 0.741%
3 Apr 15, 2024 Apr 15, 2024 Apr 23, 2024 $0.0300 0.743%
4 Nov 16, 2023 Mar 13, 2024 Mar 21, 2024 $0.0300 0.779%
5 Nov 16, 2023 Feb 13, 2024 Feb 22, 2024 $0.0300 0.81%
6 Nov 16, 2023 Jan 16, 2024 Jan 24, 2024 $0.0300 0.80%
7 Aug 25, 2023 Dec 21, 2023 Dec 22, 2023 $0.0300 0.796%
8 Dec 14, 2023 Dec 14, 2023 Dec 14, 2023 $0 0%
9 Nov 14, 2023 Nov 14, 2023 Nov 14, 2023 $0.0300 0.82%
10 Aug 25, 2023 Oct 16, 2023 Oct 24, 2023 $0.0300 0.81%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (52.77%)

Growth potential

Decrease likely (39.74%)

GGN Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from GGN dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GGN stock here.

Comparing GGN to Sector and Country

GGN pays a solid dividend yield of 9.58%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.85%). GGN’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of GGN's dividend payments?
The amount of GGN's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in GGN sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from GGN stock be automatically reinvested?
If GGN offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy GGN stock.

How often does GGN pay dividend?
GAMCO Global Gold, Natural Resources & Income Trust (GGN) pays dividends monthly. The most recent payout was on Apr 23, 2024. The upcoming dividend Ex Date is May 15, 2024, with an amount of $0.0300.

How much does GGN pays per share?
The last recorder (Apr 15, 2024) dividend per share was $0.0300.

What is GGN dividend growth rate?
Over the last year, GAMCO Global Gold, Natural Resources & Income Trust has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, GAMCO Global Gold, Natural Resources & Income Trust has maintained an average Dividends Per Share Growth Rate of -9.71%.
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About GAMCO Global Gold, Natural Resources & Income Trust

GAMCO Global Gold, Natural Resources & 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 the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of ... GGN Profile

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