Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries General American Investors Company, Inc. Quarterly Dividend and Distribution on 5.95% Preferred Stock By: General American Investors Company, Inc. via Business Wire April 26, 2023 at 16:25 PM EDT The Board of Directors of General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), declared on its 5.95% cumulative preferred stock, series B, a dividend and distribution of $0.371875 per share payable in cash on June 26, 2023 to holders of record on June 7, 2023. This quarterly dividend and distribution represents a payment for the accrual period from March 24, 2023 through June 25, 2023. Preferred shareholders will be informed in early 2024 of the taxable portions of the distribution. General American Investors was founded in 1927, has been publicly traded since its inception and has been listed on the NYSE since 1930. The objective of the Company is long-term capital appreciation through investment in companies with above average growth potential. The Company has net assets of approximately $1.1 billion applicable to its 24.0 million shares of common stock outstanding. The aggregate liquidation value of the Company’s preferred stock is $190 million. Its preferred shares (symbol GAM Pr B) are also listed on the NYSE. View source version on businesswire.com: https://www.businesswire.com/news/home/20230426005979/en/Contacts Eugene S. Stark Vice-President, Administration (212) 916-8447 Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
General American Investors Company, Inc. Quarterly Dividend and Distribution on 5.95% Preferred Stock By: General American Investors Company, Inc. via Business Wire April 26, 2023 at 16:25 PM EDT The Board of Directors of General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), declared on its 5.95% cumulative preferred stock, series B, a dividend and distribution of $0.371875 per share payable in cash on June 26, 2023 to holders of record on June 7, 2023. This quarterly dividend and distribution represents a payment for the accrual period from March 24, 2023 through June 25, 2023. Preferred shareholders will be informed in early 2024 of the taxable portions of the distribution. General American Investors was founded in 1927, has been publicly traded since its inception and has been listed on the NYSE since 1930. The objective of the Company is long-term capital appreciation through investment in companies with above average growth potential. The Company has net assets of approximately $1.1 billion applicable to its 24.0 million shares of common stock outstanding. The aggregate liquidation value of the Company’s preferred stock is $190 million. Its preferred shares (symbol GAM Pr B) are also listed on the NYSE. View source version on businesswire.com: https://www.businesswire.com/news/home/20230426005979/en/Contacts Eugene S. Stark Vice-President, Administration (212) 916-8447
The Board of Directors of General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), declared on its 5.95% cumulative preferred stock, series B, a dividend and distribution of $0.371875 per share payable in cash on June 26, 2023 to holders of record on June 7, 2023. This quarterly dividend and distribution represents a payment for the accrual period from March 24, 2023 through June 25, 2023. Preferred shareholders will be informed in early 2024 of the taxable portions of the distribution. General American Investors was founded in 1927, has been publicly traded since its inception and has been listed on the NYSE since 1930. The objective of the Company is long-term capital appreciation through investment in companies with above average growth potential. The Company has net assets of approximately $1.1 billion applicable to its 24.0 million shares of common stock outstanding. The aggregate liquidation value of the Company’s preferred stock is $190 million. Its preferred shares (symbol GAM Pr B) are also listed on the NYSE. View source version on businesswire.com: https://www.businesswire.com/news/home/20230426005979/en/
