On 6/17/14, GAMCO Global Gold, Natural Resources & Income Trust's 5.00% Series B Cumulative Preferred Shares (GGN.PRB) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 6/26/14. As a percentage of GGN.PRB's recent share price of $21.64, this dividend works out to approximately 1.44%, so look for shares of GGN.PRB to trade 1.44% lower — all else being equal — when GGN.PRB shares open for trading on 6/17/14. On an annualized basis, the current yield is approximately 5.77%, which compares to an average yield of 4.48% in the "ETFs & CEFs" preferred stock category, according to Preferred Stock Channel.
GAMCO Global Gold, Natural Resources & Income Trust's Series B Cumulative Preferred Shares About To Put More Money In Your Pocket
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