Under normal ...
...Have been holding on to this stock that pays monthly dividends for a few months now. The stock is Gamco Global Gold & Natural Resources Trust (GGN). It pays a dividend of US$0.14 every month and is currently trading at US$13.69. After accounting for withholding tax rate of 30% (since I am not a US citizen), the dividends is slightly less. There are of course exchange rate fluctuations to account for too.
I just bought another 200 shares recently bringing my total holdings to 500 shares.
GGN is a close ended fund (CEF). The fund's objective is as follows:
The GAMCO Global Gold, Natural Resources & Income Trust by Gabelli is a non-diversified, closed-end management investment company that seeks to provide a high level of current income. The Fund's secondary investment objective is to seek capital appreciation consistent with the Fund's strategy and its primary objective.