Business in the Burbs

Gabelli trust declares special dividend

December

The Gabelli Global Gold, Natural Resources & Income Trust today declared a special dividend of 25 cents a share, or a total of about $4.5 million, payable Jan. 7 to shareholders of record on Dec. 31.

The Rye-based closed-end fund said the payment satisfies the minimum distribution requirement for federal excise tax purposes and eliminates any federal income-tax liability.

The additional cash distribution brings total dividend payments for the year to $1.93 a share, the trust said.

This entry was posted on Monday, December 24th, 2007 at 4:54 pm by David Schepp.
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