GAMCO Global Gold Natural Resources & Income Trust Dividend
Dividend criteria checks 3/6
GAMCO Global Gold Natural Resources & Income Trust is a dividend paying company with a current yield of 8.8% that is well covered by earnings.
Key information
8.8%
Dividend yield
79%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.46 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GGN.PRB's dividend payments have been volatile in the past 10 years.
Growing Dividend: GGN.PRB's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
GAMCO Global Gold Natural Resources & Income Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GGN.PRB) | 8.8% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Capital Markets) | 2.2% |
Analyst forecast in 3 Years (GGN.PRB) | n/a |
Notable Dividend: GGN.PRB's dividend (8.8%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: GGN.PRB's dividend (8.8%) is in the top 25% of dividend payers in the US market (4.6%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.7%), GGN.PRB's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate GGN.PRB's cash payout ratio to determine if its dividend payments are covered by cash flows.