GAMCO Global Gold, Natural Resources & Income Trust
GGNFinancial Services · Stock · monthly payer
Forward Yield
7.53%
Annual Dividend
$0.36
Payout Ratio
18%
5-Yr Growth
-5.6%
Ex-Date
Aug 17, 2026
Frequency
Monthly
Summary
As of July 2026, GAMCO Global Gold, Natural Resources & Income Trust (GGN) yields 7.53% ($0.36 per share annually), with a blended fair-value estimate of $10.76 — +125% upside, so it screens as undervalued. Dividend safety grade: C (62/100).
Is GGN a good dividend stock?
Yes, with caveatsGAMCO Global Gold, Natural Resources & Income Trust (GGN) pays a monthly dividend yielding 7.53% ($0.36/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (18%)
Risks
- Cut its dividend in 2021
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 7.53%
- Payout Ratio
- 18%
- Annual Dividend
- $0.36
- 5-Yr Avg Growth
- -5.6%
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.30
- Market Cap
- $745.2M
- P/E Ratio
- 2.4
- 5-Yr Total Return
- 23%
- 52-Week Range
- $4.41 – $5.88
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
GGN Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
+26%
5 Years
+23%
52-Week Range
$4.41 – $5.88
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GGN worth?
Undervaluedlow confidenceOur blended fair-value estimate for GAMCO Global Gold, Natural Resources & Income Trust is $10.76 per share, versus a market price of $4.78. That implies 125% of upside — a margin of safety of about 56%.
Fair Value
$10.76
Current Price
$4.78
Upside
+125%
Margin of Safety
56%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $2.01 EPS, $0.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GGN Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 17, 2026 | — | $0.0300 | regular |
| Jun 15, 2026 | — | $0.0300 | regular |
| May 14, 2026 | — | $0.0300 | regular |
| Apr 16, 2026 | — | $0.0300 | regular |
| Mar 17, 2026 | — | $0.0300 | regular |
| Feb 12, 2026 | — | $0.0300 | regular |
| Jan 15, 2026 | — | $0.0300 | regular |
| Dec 12, 2025 | — | $0.0300 | regular |
| Nov 13, 2025 | — | $0.0300 | regular |
| Oct 17, 2025 | — | $0.0300 | regular |
| Sep 16, 2025 | — | $0.0300 | regular |
| Aug 15, 2025 | — | $0.0300 | regular |
| Jul 17, 2025 | — | $0.0300 | regular |
| Jun 13, 2025 | — | $0.0300 | regular |
Income Calculator
At $0.36 / yr per share
