GAMCO Investors, Inc. (NYSE:GAMI – Get Free Report) announced a quarterly dividend on Tuesday, February 4th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 11th will be given a dividend of 0.08 per share on Tuesday, March 25th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date is Tuesday, March 11th. This is a 100.0% increase from GAMCO Investors’s previous quarterly dividend of $0.04.
GAMCO Investors has raised its dividend payment by an average of 17.0% annually over the last three years.
GAMCO Investors Trading Down 1.4 %
GAMI stock opened at $24.99 on Friday. GAMCO Investors has a twelve month low of $19.00 and a twelve month high of $28.00. The company has a market capitalization of $605.26 million, a P/E ratio of 9.47 and a beta of 0.96. The firm has a 50 day simple moving average of $24.32 and a 200-day simple moving average of $24.68.
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.
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