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

GAMCO Investors, Inc. (NYSE:GAMI) declared a quarterly dividend on Thursday, November 7th,NASDAQ Dividends reports. Investors of record on Tuesday, December 17th will be paid a dividend of 0.04 per share on Tuesday, December 31st. This represents a $0.16 annualized dividend and a yield of 0.61%. The ex-dividend date is Tuesday, December 17th.

GAMCO Investors has raised its dividend payment by an average of 26.0% annually over the last three years.

GAMCO Investors Price Performance

Shares of NYSE:GAMI opened at $26.31 on Friday. GAMCO Investors has a 52-week low of $17.87 and a 52-week high of $28.00. The stock has a market cap of $638.25 million, a P/E ratio of 10.12 and a beta of 0.96. The business’s 50 day moving average is $25.24 and its 200 day moving average is $24.97.

GAMCO Investors Company Profile

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.