Ex-Div Reminder for GAMCO Global Gold, Natural Resources & Income Trust (GGN)

Looking at the universe of stocks we cover at Dividend Channel, on 9/12/14, GAMCO Global Gold, Natural Resources & Income Trust ( GGN) will trade ex-dividend, for its monthly dividend of $0.09, payable on 9/23/14. As a percentage of GGN's recent stock price of $10.30, this dividend works out to approximately 0.87%, so look for shares of GAMCO Global Gold, Natural Resources & Income Trust to trade 0.87% lower — all else being equal — when GGN shares open for trading on 9/12/14.

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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:

GGN+Dividend+History+Chart

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 10.49% 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:

GAMCO Global Gold, Natural Resources & Income Trust 200 Day Moving Average Chart

Looking at the chart above, GGN's low point in its 52 week range is $8.72 per share, with $11.38 as the 52 week high point — that compares with a last trade of $10.30.

According to Preferred Stock Channel, there is are 2 series of preferred stock that are senior to GGN — find out what they are ».

In Thursday trading, GAMCO Global Gold, Natural Resources & Income Trust shares are currently off about 0.5% on the day.

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