GAMCO Investors, Inc. (GAMI) to Issue Dividend of $2.00 on November 4th

GAMCO Investors, Inc. (NYSE:GAMI) declared a dividend on Thursday, September 19th, NASDAQ reports. Investors of record on Monday, September 30th will be given a dividend of 2.00 per share on Monday, November 4th. The ex-dividend date of this dividend is Monday, September 30th.

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 GAMI stock opened at $25.38 on Friday. The stock has a 50 day simple moving average of $25.11 and a 200-day simple moving average of $23.71. GAMCO Investors has a 1-year low of $17.87 and a 1-year high of $28.00. The company has a market cap of $628.99 million, a price-to-earnings ratio of 10.58 and a beta of 0.94.

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

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.