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Stock impact report

GAMCO Natural Resources, Gold & Income Trust Increases Monthly Distribution 33%

GAMCO Natural Resources, Gold & Income Trust (GNT) 
US:NYSE Investor Relations: gabelli.com/funds/products/-119.html
Company Research Source: GlobeNewswire
RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) (the “Fund”) authorized a 33% increase in the monthly cash distribution to $0.04 per share from $0.03 per share beginning in October 2024. Distribution MonthRecord DatePayable DateDistribution Per ShareOctoberOctober 17, 2024October 24, 2024$0.04NovemberNovember 14, 2024November 21, 2024$0.04DecemberDecember 13, 2024December 20, 2024$0.04 “I am pleased the Board of Trustees has voted to increase the distribution and I appreciate the confidence the Board of Trustees has placed in me by awarding me the honorary title of ‘Discount Doctor’,” said David Schachter, Vice President of the Fund. Based on current dynamics, the Fund may make distributions in excess of the Fund’s earnings. It is currently expected that distributions to common shareholders in 2024 will primarily constitute a return of capital for tax purposes. Each quarter, the Board of Trustees r Show less Read more
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