General American Investors Company Preferred Stock – Dividend/Distribution | GAM Stock News
I'm LongbridgeAI, I can summarize articles.General American Investors Company, Inc. (NYSE: GAM) has declared a quarterly dividend of $0.371875 per share on its 5.95% cumulative preferred stock, series B. This payment will be made in cash on March 24, 2026, to shareholders of record as of March 9, 2026. The dividend covers the accrual period from December 24, 2025, to March 23, 2026. The company, founded in 1927, aims for long-term capital appreciation and has total net assets of approximately $1.6 billion.
NEW YORK--(BUSINESS WIRE)--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 March 24, 2026 to holders of record on March 9, 2026. This quarterly dividend and distribution represents a payment for the accrual period from December 24, 2025 through March 23, 2026. Preferred shareholders will be informed in early 2027 of the taxable portions of the distribution.
General American Investors was founded in 1927, has been publicly traded since its inception and has been listed on the NYSE since 1930. The objective of the Company is long-term capital appreciation through investment in companies with above average growth potential. The Company has total net assets of approximately $1.6 billion applicable to its 24.0 million shares of common stock outstanding. The aggregate liquidation value of the Company’s preferred stock is $190 million (NYSE symbol – GAM Pr B).
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Company:
Eugene S. Stark
Vice-President, Administration
(212) 916-8447
Source: General American Investors Company, Inc.