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Gabelli trust declares special dividend

December
24

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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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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