Amid a rebound in the broader U.S. stock market, with notable gains led by the tech sector and anticipation of key economic data releases, investors are showing renewed interest in equities as they navigate through economic indicators and earnings reports. In this context, exploring lesser-known stocks could provide interesting opportunities, especially when considering how current market dynamics might highlight potential in areas that are not yet fully recognized by the mainstream...
NEW YORK, July 24, 2024--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 24, 2024 to holders of record on September 9, 2024. This quarterly dividend and distribution represents a payment for the accrual period from June 24, 2024 through September 23, 2024. Preferred shareholders will be
NEW YORK, May 03, 2024--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 decre