General American Investors Key Executives
This section highlights General American Investors 's key executives, including their titles and compensation details.
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General American Investors Earnings
This section highlights General American Investors 's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
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| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|
General American Investors Company, Inc. is a publicly owned investment manager. The firm invests in the public equity markets of United States. It invests in growth stocks of companies. It makes investments in Information Technology, Financials, Consumer Staples, Consumer Discretionary, Retailing, Communication Services, Industrials, Health Care, Energy and Materials. The firm employs fundamental analysis with a bottom-up stock picking approach to make its investments. It conducts in-house research to make its investments. General American Investors Company, Inc. was founded in 1927 and is based in New York, New York.
$46.97
Stock Price
$1.10B
Market Cap
-
Employees
New York, NY
Location
Financial Statements
Access annual & quarterly financial statements for General American Investors , including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $251.67M | $288.94M | $-164.69M | $308.40M | $89.04M |
| Cost of Revenue | $- | $- | $10.72M | $12.98M | $10.33M |
| Gross Profit | $251.67M | $288.94M | $-175.41M | $295.42M | $78.71M |
| Gross Profit Ratio | 100.00% | 100.00% | 106.51% | 95.79% | 88.39% |
| Research and Development Expenses | $- | $- | $7.12M | $8.99M | $6.77M |
| General and Administrative Expenses | $5.48M | $14.98M | $12.07M | $14.29M | $11.61M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $5.48M | $14.98M | $12.07M | $14.29M | $11.61M |
| Other Expenses | $246.19M | $- | $517.88K | $505.17K | $466.63K |
| Operating Expenses | $251.67M | $15.53M | $12.59M | $14.79M | $12.07M |
| Cost and Expenses | $251.67M | $24.72M | $12.59M | $14.79M | $12.07M |
| Interest Income | $6.64M | $8.40M | $2.28M | $11.71K | $484.48K |
| Interest Expense | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $157.04K | $- | $225.22M | $-185.66M | $13.20M |
| EBITDA | $- | $- | $47.95M | $- | $76.97M |
| EBITDA Ratio | 0.00% | 0.00% | -29.12% | 0.00% | 86.44% |
| Operating Income | $- | $273.40M | $-177.27M | $293.61M | $76.97M |
| Operating Income Ratio | 0.00% | 94.62% | 107.64% | 95.20% | 86.44% |
| Total Other Income Expenses Net | $245.46M | $6.65K | $- | $- | $- |
| Income Before Tax | $245.46M | $273.40M | $-177.27M | $293.61M | $76.97M |
| Income Before Tax Ratio | 97.53% | 94.62% | 107.64% | 95.20% | 86.44% |
| Income Tax Expense | $- | $- | $5.50M | $11.31M | $11.31M |
| Net Income | $245.46M | $273.40M | $-177.27M | $293.61M | $76.97M |
| Net Income Ratio | 97.53% | 94.62% | 107.64% | 95.20% | 86.44% |
| EPS | $0.00 | $11.67 | $-11.10 | $16.80 | $3.76 |
| EPS Diluted | $0.00 | $11.04 | $-11.10 | $16.80 | $3.76 |
| Weighted Average Shares Outstanding | 21.66M | 22.46M | 15.98M | 16.80M | 17.48M |
| Weighted Average Shares Outstanding Diluted | 21.66M | 23.73M | 15.98M | 16.80M | 17.48M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.32M | $41.51M | $11.25M | $29.38M | $18.20M | $30.85M | $7.19M | $-801.74K | $9.09M | $32.47M | $26.45M | $21.62M | $28.04M | $31.84M | $-1.76M | $11.35M | $4.02M | $4.20M | $5.26M | $4.91M |
| Cost of Revenue | $- | $3.39M | $4.59M | $3.26M | $2.98M | $2.77M | $3.25M | $2.51M | $2.36M | $2.61M | $3.42M | $3.02M | $3.43M | $3.11M | $4.02M | $2.52M | $- | $- | $- | $- |
| Gross Profit | $7.32M | $38.12M | $6.67M | $26.11M | $15.22M | $28.08M | $3.94M | $-3.31M | $6.73M | $29.86M | $23.04M | $18.60M | $24.60M | $28.73M | $-5.78M | $8.83M | $4.02M | $4.20M | $5.26M | $4.91M |
| Gross Profit Ratio | 100.00% | 91.84% | 59.25% | 88.89% | 83.64% | 91.02% | 54.84% | 412.65% | 74.02% | 91.97% | 87.08% | 86.03% | 87.75% | 90.24% | 328.11% | 77.82% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research and Development Expenses | $2.22M | $2.43M | $3.19M | $2.29M | $2.04M | $1.87M | $2.35M | $1.61M | $1.47M | $1.69M | $2.43M | $2.05M | $2.41M | $2.11M | $2.89M | $1.67M | $836.47K | $1.38M | $2.18M | $1.89M |
| General and Administrative Expenses | $3.39M | $3.57M | $4.83M | $3.44M | $3.15M | $2.94M | $3.44M | $2.68M | $2.53M | $2.77M | $3.60M | $3.18M | $3.59M | $3.26M | $4.23M | $2.65M | $1.68M | $2.41M | $3.22M | $3.00M |
| Selling and Marketing Expenses | $258.65K | $258.54K | $248.93K | $252.09K | $249.35K | $246.61K | $237.99K | $257.97K | $252.73K | $249.97K | $240.36K | $255.59K | $252.81K | $250.03K | $240.83K | $241.96K | $230.15K | $230.15K | $232.42K | $186.10K |
| Selling General and Administrative Expenses | $3.65M | $3.83M | $5.07M | $3.69M | $3.40M | $3.19M | $3.68M | $2.94M | $2.78M | $3.02M | $3.84M | $3.44M | $3.84M | $3.51M | $4.47M | $2.89M | $1.91M | $2.64M | $3.45M | $3.19M |
| Other Expenses | $- | $- | $- | $- | $- | $- | $95.98M | $-32.43M | $-215.75M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $5.87M | $116.73M | $116.35M | $29.08M | $85.16M | $74.87M | $94.81M | $40.27M | $213.93M | $35.98M | $119.36M | $5.97M | $99.05M | $65.81M | $129.69M | $63.50M | $133.90M | $265.32M | $90.43M | $3.48M |
| Cost and Expenses | $5.87M | $-81.21M | $-112.24M | $52.18M | $-74.20M | $-49.46M | $-92.73M | $34.94M | $218.11M | $64.90M | $-96.66M | $24.18M | $-75.63M | $-37.55M | $-135.18M | $-55.42M | $133.90M | $265.32M | $90.43M | $3.48M |
| Interest Income | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $-3.63M | $-2.11M | $-2.01M | $-2.55M | $-3.80M | $-2.21M | $-1.39M | $-1.53M | $-2.09M | $-495.40K | $124.94K | $81.57K | $-733.90K | $-35.30K | $793.40K | $-337.69K | $-2.07M | $-1.52M | $-1.76M | $-1.68M |
| EBITDA | $71.31M | $122.72M | $123.49M | $-22.80M | $92.40M | $80.31M | $99.92M | $-35.74M | $-209.02M | $-32.42M | $123.12M | $-2.57M | $103.66M | $69.39M | $133.41M | $66.76M | $133.02M | $-261.12M | $91.11M | $-254.56K |
| EBITDA Ratio | 973.83% | 295.65% | 1097.70% | -77.61% | 507.70% | 260.33% | 1390.44% | 4458.05% | -2298.28% | -99.85% | 465.40% | -11.87% | 369.75% | 217.94% | -7571.84% | 588.43% | 3312.33% | -6214.95% | 1730.44% | -5.19% |
| Operating Income | $1.45M | $122.72M | $123.49M | $-22.80M | $92.40M | $80.31M | $99.92M | $-35.74M | $-209.02M | $-32.42M | $123.12M | $-2.57M | $103.66M | $69.39M | $133.41M | $66.76M | $2.07M | $1.52M | $1.76M | $1.68M |
| Operating Income Ratio | 19.81% | 295.65% | 1097.70% | -77.61% | 507.70% | 260.33% | 1390.44% | 4458.05% | -2298.28% | -99.85% | 465.40% | -11.87% | 369.75% | 217.94% | -7571.84% | 588.43% | 51.48% | 36.25% | 33.52% | 34.29% |
| Total Other Income Expenses Net | $69.86M | $333 | $6.60K | $- | $-3.52K | $3.57K | $4.85K | $-12.55K | $-209.68M | $- | $- | $-478.35K | $- | $- | $- | $- | $- | $-262.65M | $- | $- |
| Income Before Tax | $71.31M | $122.72M | $123.50M | $-22.80M | $92.40M | $80.31M | $99.92M | $-35.75M | $-209.02M | $-32.42M | $123.12M | $-2.57M | $103.66M | $69.39M | $133.41M | $66.76M | $137.92M | $-261.12M | $95.70M | $1.43M |
| Income Before Tax Ratio | 973.83% | 295.65% | 1097.76% | -77.61% | 507.68% | 260.34% | 1390.51% | 4459.62% | -2298.28% | -99.85% | 465.40% | -11.87% | 369.75% | 217.94% | -7571.84% | 588.43% | 3434.22% | -6214.95% | 1817.67% | 29.10% |
| Income Tax Expense | $- | $120.61M | $121.49M | $-25.35M | $88.59M | $78.10M | $1.39M | $1.53M | $-209.02M | $495.40K | $123.12M | $-81.57K | $733.90K | $35.30K | $-793.40K | $337.69K | $135.85M | $-262.65M | $93.93M | $-254.56K |
| Net Income | $71.31M | $122.72M | $123.50M | $-22.80M | $92.40M | $80.31M | $99.92M | $-35.75M | $-209.02M | $-32.42M | $123.12M | $-2.57M | $103.66M | $69.39M | $133.41M | $66.76M | $135.09M | $-263.95M | $92.87M | $-1.40M |
| Net Income Ratio | 973.83% | 295.65% | 1097.76% | -77.61% | 507.68% | 260.34% | 1390.51% | 4459.62% | -2298.28% | -99.85% | 465.40% | -11.87% | 369.75% | 217.94% | -7571.84% | 588.43% | 3363.80% | -6282.26% | 1763.96% | -28.51% |
| EPS | $2.82 | $7.89 | $7.79 | $-1.51 | $5.68 | $4.86 | $6.08 | $-2.25 | $-13.09 | $-1.94 | $7.33 | $-0.16 | $6.33 | $4.13 | $7.63 | $3.96 | $5.48 | $-10.71 | $3.75 | $-0.06 |
| EPS Diluted | $2.94 | $7.89 | $7.79 | $-1.51 | $5.68 | $4.86 | $6.08 | $-2.25 | $-13.09 | $-1.94 | $7.33 | $-0.16 | $6.33 | $4.13 | $7.63 | $3.96 | $5.48 | $-10.71 | $3.75 | $-0.06 |
| Weighted Average Shares Outstanding | 24.28M | 15.19M | 15.48M | 15.07M | 15.77M | 15.94M | 15.98M | 15.86M | 15.97M | 16.71M | 16.80M | 15.85M | 16.38M | 16.81M | 17.48M | 16.87M | 24.64M | 24.64M | 24.75M | 24.42M |
| Weighted Average Shares Outstanding Diluted | 23.31M | 15.19M | 15.48M | 15.07M | 15.77M | 15.94M | 15.98M | 15.86M | 15.97M | 16.71M | 16.80M | 15.85M | 16.38M | 16.81M | 17.48M | 16.87M | 24.64M | 24.64M | 24.75M | 24.42M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $69.60K | $117.47K | $182.25K | $-4.03M | $-4.53M |
| Short Term Investments | $- | $1.01M | $1.34M | $- | $- |
| Cash and Short Term Investments | $69.60K | $1.13M | $182.25K | $-4.03M | $-4.53M |
| Net Receivables | $11.69M | $5.82M | $3.83M | $1.65M | $1.13M |
| Inventory | $- | $- | $-1.34M | $1.65M | $1.13M |
| Other Current Assets | $-11.69M | $- | $3.43M | $-1.65M | $-1.13M |
| Total Current Assets | $69.60K | $6.95M | $4.01M | $-2.38M | $-3.40M |
| Property Plant Equipment Net | $2.40M | $2.98M | $3.52M | $4.03M | $4.53M |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $-15.14M | $-1.50B | $-1.31B |
| Long Term Investments | $1.53B | $1.42B | $1.23B | $1.48B | $1.29B |
| Tax Assets | $- | $- | $1.25B | $1.50B | $1.31B |
| Other Non-Current Assets | $-1.53B | $9.58M | $-1.24B | $-4.03M | $-4.53M |
| Total Non-Current Assets | $1.56B | $1.43B | $1.24B | $1.48B | $1.29B |
| Other Assets | $1.56B | $3.65M | $11.12M | $21.47M | $17.81M |
| Total Assets | $1.56B | $1.44B | $1.25B | $1.50B | $1.31B |
| Account Payables | $369.77K | $1.60M | $1.84M | $2.87M | $8.01M |
| Short Term Debt | $- | $663.00K | $631.00K | $624.00K | $624.00K |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- |
| Other Current Liabilities | $-369.77K | $- | $-2.47M | $-3.50M | $-8.63M |
| Total Current Liabilities | $- | $2.27M | $1.84M | $2.87M | $8.01M |
| Long Term Debt | $- | $2.32M | $- | $7.43M | $8.43M |
| Deferred Revenue Non-Current | $- | $- | $21.18M | $23.90M | $28.83M |
| Deferred Tax Liabilities Non-Current | $- | $2.98M | $3.52M | $4.03M | $4.53M |
| Other Non-Current Liabilities | $- | $- | $- | $-11.46M | $-12.95M |
| Total Non-Current Liabilities | $- | $5.30M | $1.84M | $4.03M | $4.53M |
| Other Liabilities | $18.59M | $13.75M | $207.61M | $16.99M | $16.30M |
| Total Liabilities | $18.59M | $21.32M | $211.30M | $23.90M | $28.83M |
| Preferred Stock | $190.04M | $190.04M | $190.12M | $190.12M | $190.12M |
| Common Stock | $23.47M | $23.73M | $23.98M | $24.39M | $24.73M |
| Retained Earnings | $992.86M | $859.85M | $657.57M | $880.94M | $675.94M |
| Accumulated Other Comprehensive Income Loss | $- | $1.53M | $175.04K | $1.17M | $-3.61M |
| Other Total Stockholders Equity | $339.66M | $347.92M | $359.21M | $376.07M | $390.69M |
| Total Stockholders Equity | $1.55B | $1.42B | $1.04B | $1.47B | $1.28B |
| Total Equity | $1.55B | $1.34B | $972.65M | $1.48B | $1.28B |
| Total Liabilities and Stockholders Equity | $1.56B | $1.44B | $1.25B | $1.50B | $1.31B |
| Minority Interest | $- | $-79.34M | $-68.51M | $4.03M | $4.53M |
| Total Liabilities and Total Equity | $1.56B | $1.44B | $1.25B | $1.50B | $1.31B |
| Total Investments | $1.53B | $1.42B | $1.23B | $1.48B | $1.29B |
| Total Debt | $- | $2.98M | $3.52M | $4.03M | $4.53M |
| Net Debt | $-69.60K | $2.87M | $3.34M | $8.06M | $9.05M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $69.60K | $64.71M | $66.78M | $117.47K | $123.61M | $20.04K | $148.70M | $182.25K | $77.43M | $9.65K | $- | $- | $21.57K | $-4.28M | $338.55K | $-4.53M | $24.24K | $- | $20.20K | $- |
| Short Term Investments | $- | $-64.45M | $1.05M | $1.01M | $341.00K | $500.99K | $56.00K | $1.34M | $856.68K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $69.60K | $263.00K | $66.78M | $117.47K | $123.61M | $20.04K | $148.70M | $182.25K | $77.43M | $9.65K | $- | $- | $21.57K | $-4.28M | $338.55K | $-4.53M | $24.24K | $- | $20.20K | $- |
| Net Receivables | $11.69M | $1.46M | $10.35M | $5.82M | $3.17M | $4.24M | $8.11M | $3.83M | $3.65M | $1.30M | $3.66M | $1.65M | $3.23M | $7.10M | $3.34M | $1.13M | $1.64M | $2.17M | $10.33M | $5.24M |
| Inventory | $- | $- | $-523.86K | $-1.01M | $-341.00K | $-500.98K | $-56.00K | $-1.34M | $-856.68K | $139.05M | $- | $- | $1 | $7.10M | $1 | $1.13M | $1 | $- | $- | $- |
| Other Current Assets | $-11.69M | $- | $600.72K | $- | $641.79K | $- | $715.76K | $3.43M | $789.96K | $875.07K | $939.30K | $3.65M | $1.01M | $-7.10M | $1.19M | $-1.13M | $1.32M | $1.37M | $1.38M | $3.51M |
| Total Current Assets | $69.60K | $2.29M | $11.48M | $5.94M | $4.27M | $4.26M | $8.94M | $4.01M | $5.31M | $1.31M | $4.60M | $1.65M | $4.26M | $2.82M | $4.87M | $-3.40M | $2.98M | $2.17M | $11.73M | $5.24M |
| Property Plant Equipment Net | $2.40M | $2.69M | $2.84M | $2.98M | $3.12M | $3.26M | $3.39M | $3.52M | $3.65M | $3.78M | $3.90M | $4.03M | $4.15M | $4.28M | $4.40M | $4.53M | $4.65M | $4.77M | $4.89M | $5.01M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $1.53B | $1.60B | $1.54B | $1.42B | $1.36B | $1.39B | $1.31B | $1.23B | $1.16B | $1.20B | $1.43B | $1.48B | $1.41B | $1.44B | $1.34B | $1.29B | $1.20B | $1.15B | $1.00B | $1.28B |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $-1.53B | $9.91M | $9.74M | $-1.43B | $8.21M | $-3.26M | $7.86M | $-1.24B | $9.99M | $-3.78M | $9.79M | $-4.03M | $5.44M | $-4.28M | $5.41M | $-4.53M | $4.13M | $-4.77M | $4.08M | $-5.01M |
| Total Non-Current Assets | $1.56B | $1.61B | $1.55B | $1.43B | $1.37B | $1.39B | $1.32B | $1.24B | $1.18B | $1.20B | $1.44B | $1.48B | $1.42B | $1.44B | $1.35B | $1.29B | $1.21B | $1.15B | $1.01B | $1.28B |
| Other Assets | $1.56B | $- | $- | $13.22M | $- | $11.97M | $- | $11.12M | $- | $14.47M | $- | $17.44M | $- | $15.13M | $- | $17.81M | $- | $10.22M | $- | $12.59M |
| Total Assets | $1.56B | $1.61B | $1.56B | $1.44B | $1.38B | $1.41B | $1.33B | $1.25B | $1.18B | $1.22B | $1.44B | $1.50B | $1.43B | $1.45B | $1.35B | $1.31B | $1.21B | $1.16B | $1.02B | $1.29B |
| Account Payables | $369.77K | $1.09M | $8.83M | $1.60M | $2.61M | $642.61K | $1.40M | $1.84M | $4.99M | $741.46K | $508.52K | $2.87M | $5.52M | $15.55M | $7.16M | $8.01M | $177.48K | $798.56K | $271.69K | $1.72M |
| Short Term Debt | $- | $332.00K | $498.00K | $663.00K | $163.00K | $319.00K | $475.00K | $631.00K | $156.00K | $312.00K | $468.00K | $624.00K | $156.00K | $312.00K | $468.00K | $624.00K | $156.00K | $312.00K | $468.00K | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $-369.77K | $9.09M | $10.26M | $-2.27M | $12.46M | $-961.61K | $8.45M | $-2.47M | $10.38M | $-1.05M | $9.38M | $-3.50M | $10.52M | $-15.86M | $8.51M | $-8.63M | $7.55M | $-1.11M | $6.61M | $-1.72M |
| Total Current Liabilities | $- | $10.51M | $19.59M | $1.60M | $15.24M | $642.61K | $10.32M | $1.84M | $15.53M | $741.46K | $10.35M | $2.87M | $16.19M | $15.55M | $16.13M | $8.01M | $7.88M | $798.56K | $7.35M | $1.72M |
| Long Term Debt | $- | $2.36M | $2.34M | $5.30M | $2.96M | $6.19M | $2.91M | $- | $3.49M | $- | $3.43M | $7.43M | $4.00M | $8.25M | $3.94M | $8.43M | $4.49M | $4.46M | $4.42M | $10.02M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $5.07M | $5.06M | $-5.30M | $5.00M | $-6.19M | $4.93M | $- | $6.66M | $- | $6.57M | $-7.43M | $6.95M | $-8.25M | $6.97M | $-8.43M | $6.24M | $-4.46M | $6.20M | $-10.02M |
| Total Non-Current Liabilities | $- | $7.43M | $7.40M | $2.98M | $7.96M | $3.26M | $7.84M | $1.84M | $10.15M | $741.46K | $10.00M | $4.03M | $10.95M | $15.55M | $10.90M | $8.01M | $10.73M | $4.77M | $10.62M | $5.01M |
| Other Liabilities | $18.59M | $185.37K | $185.37K | $16.73M | $219.96K | $16.07M | $219.96K | $207.61M | $219.96K | $18.68M | $219.96K | $16.99M | $219.96K | $5.48M | $219.96K | $12.82M | $219.96K | $12.99M | $- | $16.38M |
| Total Liabilities | $18.59M | $18.13M | $27.18M | $21.32M | $23.42M | $19.97M | $18.38M | $211.30M | $25.90M | $20.16M | $20.58M | $23.90M | $27.36M | $36.59M | $27.25M | $28.83M | $18.83M | $18.56M | $17.97M | $23.11M |
| Preferred Stock | $190.04M | $184.39M | $190.04M | $190.04M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M | $190.12M | $190.34M | $190.12M |
| Common Stock | $23.47M | $23.31M | $23.58M | $23.73M | $23.52M | $23.78M | $23.96M | $23.98M | $23.92M | $23.98M | $24.35M | $24.39M | $23.91M | $24.18M | $24.39M | $24.73M | $24.43M | $24.64M | $24.64M | $24.75M |
| Retained Earnings | $992.86M | $1.05B | $982.76M | $859.85M | $807.70M | $824.62M | $738.10M | $657.57M | $591.77M | $621.65M | $836.55M | $880.94M | $840.51M | $837.20M | $739.41M | $675.94M | $613.89M | $541.25M | $406.16M | $670.11M |
| Accumulated Other Comprehensive Income Loss | $- | $-4.31M | $-1.48M | $1.53M | $-8.31M | $395.00K | $-2.65M | $175.04K | $-7.31M | $-4.49M | $-1.66M | $1.17M | $-12.09M | $-9.26M | $-6.43M | $-3.61M | $-12.89M | $-4.19M | $-4.19M | $-4.19M |
| Other Total Stockholders Equity | $339.66M | $339.17M | $341.56M | $347.92M | $341.04M | $363.04M | $358.51M | $359.21M | $341.30M | $360.61M | $368.08M | $376.07M | $349.20M | $369.42M | $372.05M | $390.69M | $371.33M | $387.33M | $387.33M | $391.03M |
| Total Stockholders Equity | $1.55B | $1.59B | $1.54B | $1.42B | $1.35B | $1.39B | $1.31B | $1.04B | $1.16B | $1.20B | $1.42B | $1.47B | $1.40B | $1.42B | $1.33B | $1.28B | $1.20B | $1.14B | $1.00B | $1.27B |
| Total Equity | $1.55B | $1.59B | $1.54B | $1.42B | $1.35B | $1.39B | $1.31B | $1.04B | $1.16B | $1.20B | $1.42B | $1.47B | $1.40B | $1.42B | $1.33B | $1.28B | $1.20B | $1.14B | $1.00B | $1.27B |
| Total Liabilities and Stockholders Equity | $1.56B | $1.61B | $1.56B | $1.44B | $1.38B | $1.41B | $1.33B | $1.25B | $1.18B | $1.22B | $1.44B | $1.50B | $1.43B | $1.45B | $1.35B | $1.31B | $1.21B | $1.16B | $1.02B | $1.29B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $1.56B | $1.61B | $1.56B | $1.44B | $1.38B | $1.41B | $1.33B | $1.25B | $1.18B | $1.22B | $1.44B | $1.50B | $1.43B | $1.45B | $1.35B | $1.31B | $1.21B | $1.16B | $1.02B | $1.29B |
| Total Investments | $1.53B | $1.60B | $1.54B | $1.42B | $1.36B | $1.39B | $1.31B | $1.23B | $1.17B | $1.20B | $1.43B | $1.48B | $1.41B | $1.44B | $1.34B | $1.29B | $1.20B | $1.15B | $1.00B | $1.28B |
| Total Debt | $- | $2.69M | $2.84M | $2.98M | $3.12M | $3.26M | $3.39M | $3.52M | $3.65M | $3.78M | $3.90M | $4.03M | $4.15M | $4.28M | $4.40M | $4.53M | $4.65M | $4.77M | $4.42M | $5.01M |
| Net Debt | $-69.60K | $-62.02M | $-63.94M | $2.87M | $-120.48M | $3.24M | $-145.31M | $3.34M | $-73.79M | $3.77M | $3.90M | $4.03M | $4.13M | $8.56M | $4.06M | $9.05M | $4.62M | $4.77M | $4.40M | $5.01M |
Annual Cash Flow
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|
| Net Income | $273.40M | $-177.27M | $293.61M | $76.97M | $296.88M |
| Depreciation and Amortization | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- |
| Change in Working Capital | $- | $- | $- | $- | $- |
| Accounts Receivables | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- |
| Other Working Capital | $- | $- | $- | $- | $- |
| Other Non Cash Items | $-273.40M | $177.27M | $-293.61M | $-76.97M | $-296.88M |
| Net Cash Provided by Operating Activities | $- | $- | $- | $- | $- |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $- | $- | $- | $- | $- |
| Debt Repayment | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- |
| Other Financing Activities | $- | $- | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $- | $- | $- | $- | $- |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $10.30M | $- | $- | $- | $- |
| Cash at End of Period | $82.32M | $- | $- | $- | $3.44M |
| Cash at Beginning of Period | $72.02M | $- | $- | $- | $3.44M |
| Operating Cash Flow | $- | $- | $- | $- | $- |
| Capital Expenditure | $- | $- | $- | $- | $- |
| Free Cash Flow | $- | $- | $- | $- | $- |
Cash Flow Charts
| Breakdown | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $71.31M | $122.72M | $123.50M | $-22.80M | $92.40M | $80.31M | $99.92M | $-35.75M | $-209.02M | $-32.42M | $123.12M | $-2.57M | $103.66M | $69.39M | $133.41M | $66.76M | $137.92M | $-261.12M | $95.70M | $1.43M |
| Depreciation and Amortization | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non Cash Items | $-71.31M | $-122.72M | $-123.50M | $22.80M | $-92.40M | $-80.31M | $-99.92M | $35.75M | $209.02M | $32.42M | $-123.12M | $2.57M | $-103.66M | $-69.39M | $-133.41M | $-66.76M | $-137.92M | $261.12M | $-95.70M | $-1.43M |
| Net Cash Provided by Operating Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $- | $- | $- | $- | $- | $- | $-5.41M | $-60.32M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash at End of Period | $- | $- | $- | $- | $- | $72.02M | $72.02M | $77.43M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash at Beginning of Period | $- | $- | $- | $- | $- | $72.02M | $77.43M | $137.75M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Cash Flow | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Capital Expenditure | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
General American Investors Dividends
Explore General American Investors 's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
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Dividend Payout Ratio
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Dividend Paid & Capex Coverage Ratio
0.00x
General American Investors Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.25 | $0.25 | February 24, 2025 | February 24, 2025 | March 07, 2025 | February 12, 2025 |
| $2.65 | $2.65 | November 10, 2023 | November 13, 2023 | December 28, 2023 | November 01, 2023 |
| $1 | $0.97628 | November 10, 2022 | November 14, 2022 | December 29, 2022 | November 02, 2022 |
| $0.5 | $0.5 | February 04, 2022 | February 07, 2022 | February 18, 2022 | January 26, 2022 |
| $3.05 | $3.05 | November 12, 2021 | November 15, 2021 | December 30, 2021 | November 03, 2021 |
| $0.25 | $0.25 | February 05, 2021 | February 08, 2021 | February 19, 2021 | January 28, 2021 |
| $0.23 | $0.23 | November 13, 2020 | November 16, 2020 | December 30, 2020 | November 04, 2020 |
| $0.37 | $0.37 | November 15, 2019 | November 18, 2019 | December 30, 2019 | November 06, 2019 |
| $1.95 | $2.25 | November 16, 2018 | November 19, 2018 | December 28, 2018 | November 08, 2018 |
| $0.5 | $0.5 | February 02, 2018 | February 05, 2018 | February 16, 2018 | January 24, 2018 |
| $0.48 | $0.48 | November 10, 2017 | November 13, 2017 | December 29, 2017 | November 02, 2017 |
| $0.2 | $0.2 | January 26, 2017 | January 30, 2017 | February 10, 2017 | January 19, 2017 |
| $3.08 | $3.08 | November 09, 2016 | November 14, 2016 | December 30, 2016 | |
| $0.0515 | $0.052 | January 28, 2016 | February 01, 2016 | February 12, 2016 | January 21, 2016 |
| $0.34 | $0.34 | November 12, 2015 | November 16, 2015 | December 30, 2015 | November 04, 2015 |
| $3.5 | $3.5 | November 13, 2014 | November 17, 2014 | December 30, 2014 | November 10, 2014 |
| $2.1 | $2.1 | November 14, 2013 | November 18, 2013 | December 30, 2013 | November 06, 2013 |
| $1.4 | $1.4 | November 15, 2012 | November 19, 2012 | December 28, 2012 | November 07, 2012 |
| $0.5 | $0.5 | November 09, 2011 | November 14, 2011 | December 23, 2011 | November 02, 2011 |
| $0.43 | $0.43 | November 09, 2010 | November 12, 2010 | December 23, 2010 | November 03, 2010 |
General American Investors News
Read the latest news about General American Investors , including recent articles, headlines, and updates.
GAM: A Value-Oriented Fund With A Strong Performance History
General American Investors Company has outperformed the S&P 500 Index over the past 30 years, delivering a 3,418.47% total return since 1995. The fund focuses on long-term capital appreciation through a diversified portfolio, with a lower emphasis on the information technology sector compared to the S&P 500. The fund has a very low turnover compared to most, which appears to be the result of a very value-oriented buy-and-hold strategy.
SPE And PFO: Two 'Buy' Opportunities Based On Attractive Discounts
Closed-end fund discounts/premiums, due to their structure, allow for potential opportunities to capitalize on mean reversion. CEFs also offer relatively higher distribution yields as they leverage their portfolios and payout sources of income, capital gains and/or return of capital. Today, we are giving SPE and PFO a look; these are two funds that, we believe, are attractively valued and provide monthly distribution to investors.
General American Investors Announces Issue Price for the 2024 Year-End Dividend and Distribution Payable on December 27, 2024
NEW YORK--(BUSINESS WIRE)--General American Investors Company, Inc. (NYSE: GAM), a closed-end investment company, announced that the price at which shares of its common stock will be issued to stockholders who elected to receive additional shares in payment of the 2024 year-end dividend and distribution on its common stock will be $52.26 per share. The issue price represents the average between the high and the low prices on the New York Stock Exchange on December 13, 2024, which was below the.
General American Investors Company Announces: Action Taken by the Board of Directors
NEW YORK--(BUSINESS WIRE)--The Board of Directors of General American Investors Company, Inc., a closed-end investment company whose common and preferred shares are listed on the New York Stock Exchange (NYSE symbols - GAM and GAM Pr B, respectively), renewed authorization for the repurchase of up to 1,601,553 outstanding shares of 5.95% Cumulative Preferred Stock, Series B when the shares are trading at a market price below the liquidation preference of $25 per share. To date, a total of 398,4.
5 Best CEFs This Month For 8.5% Yield (November 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
GAM: Moving To Hold After The Run-Up (Rating Downgrade)
General American Investors has outperformed the S&P 500 by over 25% since our last coverage, driven by a tightening discount to NAV and portfolio outperformance. GAM's portfolio mimics the S&P 500 but with only 70 stocks, focusing on NAV growth and a 5% distribution yield. The current market conditions and GAM's stretched valuation metrics prompt us to downgrade the fund from 'Buy' to 'Hold'.
The 'Undercovered' Dozen From June 1-6
The "Undercovered" Dozen highlights twelve ideas from the previous month on stocks with limited coverage. Biotechs CRISPR Therapeutics, Voyager Therapeutics, and Alnylam Pharmaceuticals are covered along with Enovix, Uranium Royalty, Clover Health, and Haliburton. Many of the ideas included have not been discussed in months on the site. One of the ideas is actually first-ever coverage for this ticker.
GAM: Very Attractive 18% Discount, Variable Income, And Solid Past Performance
General American Investors Co. Inc. is a closed-end fund that invests in a diversified pool of equities of mostly large-cap U.S. listed stocks. The GAM CEF uses nearly 12% leverage in the form of preferred shares, for which it pays 5.95% in distributions quarterly. GAM's past performance is solid, especially the long-term performance. In some ways, this fund is a proxy for the S&P 500 Index in terms of capital appreciation with the benefit of significant income, though variable from year to year.
General American Investors Reports Net Assets as of March 31, 2024
NEW YORK--(BUSINESS WIRE)--General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), reported net assets applicable to the Company's common stock as of March 31, 2024 of $1,346,421,659 as compared with net assets applicable to its common stock of $1,233,031,938 at December 31, 2023. The value at March 31, 2024 reflects an increase in net assets resulting from operations for the three-month period then ended of $119,893,493 and a net d.
General American Investors Company, Inc. Quarterly Dividend and Distribution on 5.95% Preferred Stock
NEW YORK--(BUSINESS WIRE)--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 24, 2024 to holders of record on June 7, 2024. This quarterly dividend and distribution represents a payment for the accrual period from March 25, 2024 through June 23, 2024. Preferred shareho.
Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of General American Investors, Inc. (GAM) Investigation
NEW YORK--(BUSINESS WIRE)---- $GAM #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of General American Investors, Inc. (“General American Investors” or “the Company”) (NYSE: GAM). Investors who purchased General American Investors securities prior to February 9, 2024, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/GAM. Investig.
General American Investors Company Announces Action Taken by the Board of Directors
NEW YORK--(BUSINESS WIRE)--The Board of Directors authorized the repurchase of an additional 1,000,000 outstanding shares of common stock when the shares are trading at a discount from the underlying net asset value by at least 8%. This continues a repurchase program which began in March 1995. Through December 31, 2023, the Company has repurchased 32.5 million shares of common stock for a cost of $1 billion at an average discount of 14.1%. General American Investors was founded in 1927, has bee.
General American Investors Company Preferred Stock – Dividend/Distribution
NEW YORK--(BUSINESS WIRE)--The Board of Directors of General American Investors Company, Inc. (NYSE symbol – GAM), a closed-end investment company, declared on its 5.95% cumulative preferred stock, series B, a dividend and distribution of $0.371875 per share payable in cash on March 25, 2024 to holders of record on March 7, 2024. This quarterly dividend and distribution represents a payment for the accrual period from December 26, 2023 through March 24, 2024. Preferred shareholders will be info.
GAM: A Robust Way To Extract Equity Dividends In A Low VIX Environment
Most equity closed-end funds (CEFs) tracking the S&P 500 have underperformed due to options utilization in extracting dividends. General American Investors (GAM), an equity CEF that does not use covered calls, has been able to fully match the index in the past year. GAM's reliable and transparent performance, along with its low VIX level, make it an attractive alternative to other equity CEFs.
General American Investors Announces Issue Price for the 2023 Year-End Dividend and Distribution Payable on December 28, 2023
NEW YORK--(BUSINESS WIRE)--General American Investors Company, Inc. (NYSE: GAM), a closed-end investment company, announced that the price at which shares of its common stock will be issued to stockholders who elected to receive additional shares in payment of the 2023 year-end dividend and distribution on its common stock will be $42.44 per share. The issue price represents the average between the high and the low prices on the New York Stock Exchange on December 15, 2023, which was below the.
General American Investors Company Announces: Actions Taken by the Board of Directors
NEW YORK--(BUSINESS WIRE)--The Board of Directors of General American Investors Company, Inc., a closed-end investment company whose common and preferred shares are listed on the New York Stock Exchange (NYSE symbols - GAM and GAM Pr B, respectively), renewed authorization for the repurchase of up to 1,601,553 outstanding shares of 5.95% Cumulative Preferred Stock, Series B when the shares are trading at a market price below the liquidation preference of $25 per share. To date, a total of 398,4.
General American Investors Company Announces Actions Taken by the Board of Directors
NEW YORK--(BUSINESS WIRE)--The Board of Directors of General American Investors Company, Inc. (NYSE symbol – GAM), a closed-end investment company, declared on its 5.95% cumulative preferred stock, series B, a dividend and distribution of $0.371875 per share payable in cash on September 25, 2023 to holders of record on September 7, 2023. This quarterly dividend and distribution represents a payment for the accrual period from June 26, 2023 through September 24, 2023. Preferred shareholders will.
GAM Seems To Have Lost Its Mojo
General American Investors (GAM) uses a concentrated investment strategy that dates back to 1927. There are at least 3 other CEFs with that length of history. For investors looking for a fund that consistently provides better results than the SPDR S&P 500 Trust ETF (SPY), GAM recently fails on that measure.
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