GAMCO Global Gold, Natural Resources & Income Trust
GGNFinancial Services · Stock · monthly payer
Forward Yield
7.69%
Annual Dividend
$0.42
Payout Ratio
32%
5-Yr Growth
-5.6%
Ex-Date
Oct 16, 2026
Frequency
Monthly
Summary
As of September 2026, GAMCO Global Gold, Natural Resources & Income Trust (GGN) yields 7.69% ($0.42 per share annually), with a blended fair-value estimate of $8.18 — +47% upside, so it screens as undervalued. Dividend safety grade: B (71/100).
Is GGN a good dividend stock?
Yes, with caveatsGAMCO Global Gold, Natural Resources & Income Trust (GGN) pays a monthly dividend yielding 7.69% ($0.42/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (32%)
- 43% total price return over 5 years
Risks
- Cut its dividend in 2021
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 7.69%
- Payout Ratio
- 32%
- Annual Dividend
- $0.42
- 5-Yr Avg Growth
- -5.6%
- Ex-Dividend Date
- Oct 16, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.33
- Market Cap
- $843.6M
- P/E Ratio
- 4.9
- 5-Yr Total Return
- 43%
- 52-Week Range
- $4.63 – $5.88
- Dividend Safety
- B · 71/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
GGN Price — Last 12 Months
Daily close
Price Return
1 Year
+17%
3 Years
+53%
5 Years
+43%
52-Week Range
$4.63 – $5.88
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GGN worth?
Undervaluedmedium confidenceOur blended fair-value estimate for GAMCO Global Gold, Natural Resources & Income Trust is $8.18 per share, versus a market price of $5.55. That implies 47% of upside — a margin of safety of about 32%.
Fair Value
$8.18
Current Price
$5.55
Upside
+47%
Margin of Safety
32%
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, $1.11 EPS, $0.42 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
Safe
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
Full GGN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 16, 2026 | — | $0.0300 | regular |
| Aug 17, 2026 | — | $0.0300 | regular |
| 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 |
Income Calculator
At $0.42 / yr per share
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