GAMCO Investors, Inc. (NYSE:GAMI) Announces Quarterly Dividend of $0.04

GAMCO Investors, Inc. (NYSE:GAMI) declared a quarterly dividend on Tuesday, August 6th, NASDAQ reports. Stockholders of record on Tuesday, September 10th will be paid a dividend of 0.04 per share on Tuesday, September 24th. This represents a $0.16 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Tuesday, September 10th.

GAMCO Investors Price Performance

NYSE:GAMI opened at $24.00 on Friday. The firm has a market capitalization of $594.79 million, a P/E ratio of 10.00 and a beta of 0.94. The company has a fifty day moving average of $25.07 and a 200 day moving average of $23.35. GAMCO Investors has a 52 week low of $17.87 and a 52 week high of $28.00.

GAMCO Investors (NYSE:GAMI) last posted its earnings results on Tuesday, August 6th. The company reported $0.61 earnings per share for the quarter. GAMCO Investors had a net margin of 26.16% and a return on equity of 33.04%. The company had revenue of $57.64 million during the quarter.

About GAMCO Investors

GAMCO Investors, Inc is a publicly owned holding investment manager. The firm also provides wealth management, investment advisory, institutional research, brokerage, dealer, underwriting, and distribution services to its clients. It provides its services to individuals including high net worth individuals, corporate pension and profit-sharing plans, foundations, endowments, jointly trust plans, municipalities, and investment companies.