Looking at the universe of stocks we cover at Dividend Channel, on 2/12/14, GAMCO Global Gold, Natural Resources & Income Trust (GGN) will trade ex-dividend, for its monthly dividend of $0.09, payable on 2/21/14. As a percentage of GGN's recent stock price of $9.79, this dividend works out to approximately 0.92%, so look for shares of GAMCO Global Gold, Natural Resources & Income Trust to trade 0.92% lower — all else being equal — when GGN shares open for trading on 2/12/14.
Below is a dividend history chart for GGN, showing historical dividends prior to the most recent $0.09 declared by GAMCO Global Gold, Natural Resources & Income Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GGN is likely to continue, and whether the current estimated yield of 11.03% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GGN shares, versus its 200 day moving average:Looking at the chart above, GGN's low point in its 52 week range is $8.72 per share, with $13.59 as the 52 week high point — that compares with a last trade of $9.83.
According to Preferred Stock Channel, there is are 2 series of preferred stock that are senior to GGN — find out what they are ». In Monday trading, GAMCO Global Gold, Natural Resources & Income Trust shares are currently up about 0.5% on the day.