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GAMCO Global Gold, Natural Reso Message Board

  • sam_0534 sam_0534 Feb 20, 2013 7:23 PM Flag

    GGN dividends

    Finally, GGN reduced its monthly distribution from $0.14/share to $0.12/share beginning in October, 2012 (declared in August, 2012) and I would not be surprised if GNT did the same here in 2013 as its NAV yield is over the 12% red flag level which I have identified as the danger zone for a possible distribution adjustment. We should know around March 1st when Gabelli declares for the next three month distributions for both GNT and GGN.

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