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General American Investors Company (General American Investors Company) 3-Year Dividend Growth Rate : 33.70% (As of Dec. 2023)


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What is General American Investors Company 3-Year Dividend Growth Rate?

General American Investors Company's Dividends per Share for the six months ended in Dec. 2023 was $0.55.

The historical rank and industry rank for General American Investors Company's 3-Year Dividend Growth Rate or its related term are showing as below:

GAM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -46.2   Med: 6   Max: 39.3
Current: 33.7

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of General American Investors Company was 39.30% per year. The lowest was -46.20% per year. And the median was 6.00% per year.

GAM's 3-Year Dividend Growth Rate is ranked better than
93.91% of 870 companies
in the Asset Management industry
Industry Median: 1.7 vs GAM: 33.70

During the past 12 months, General American Investors Company's average Dividends Per Share Growth Rate was -45.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 33.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -9.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

General American Investors Company's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.14. As of today, General American Investors Company's Dividend Yield % is 1.19%.

Warning Sign:

General American Investors Company Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of General American Investors Company's 3-Year Dividend Growth Rate

For the Asset Management subindustry, General American Investors Company's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


General American Investors Company's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, General American Investors Company's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where General American Investors Company's 3-Year Dividend Growth Rate falls into.



General American Investors Company 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


General American Investors Company  (NYSE:GAM) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

General American Investors Company's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.55/ 4.005
=0.14

During the past 8 years, the highest Dividend Payout Ratio of General American Investors Company was 0.08. The lowest was 0.03. And the median was 0.05.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

General American Investors Company Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5500002023-11-102023-11-132023-12-28Cash DividendannuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

General American Investors Company's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.55/46.325
=1.19 %

Current Share Price is $46.325.
General American Investors Company's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.55.

During the past 8 years, the highest Dividend Yield of General American Investors Company was 7.80%. The lowest was 0.50%. And the median was 1.27%.

Warning Sign:

General American Investors Company Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


General American Investors Company 3-Year Dividend Growth Rate Related Terms>


General American Investors Company (General American Investors Company) Business Description

Traded in Other Exchanges
N/A
Address
530 Fifth Avenue, 26th Floor, New York, NY, USA, 10036
General American Investors Company Inc is a closed-end, diversified management investment company. The primary investment objective of the company is long-term capital appreciation through investment in companies with above-average growth potential. It focuses on equity securities with growth potential at reasonable valuations.
Executives
Anang K. Majmudar officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Jeffrey W Priest officer: President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Eugene S Stark officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Savannah Sachs director 530 FIFTH AVE, 26TH FL, NEW YORK NY 10036
Rodney B Berens director C/O KEYSTONE PROPERTY TRUST, 200 FOUR FALLS CORP. CENTER SUITE 208, WEST CONSHOHOCKEN PA 19428
Liron Kronzon officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26 FL, NEW YORK NY 10036
Samantha X. Jin officer: Treasurer 530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Santa Maria Connie A. officer: Assistant Corporate Secretary GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Spencer Davidson director, officer: President & CEO GENERAL AMERICAN INVESTORS CO INC, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Trust F B O Altschul Emily H U A D 1 9 67 officer: Trustee/President & CEO - GAM
Trust Fbo Altschul Serena Uad 12 15 72 officer: Trustee/President & CEO - GAM C/O OVERBROOK MANAGEMENT CORP, 122 EAST 42ND STREET SUITE 2500, NEW YORK NY 10168-2500
Trust F B O Altschul Stephen F U A D 10 22 58 officer: Trustee/Pres. & CEO - GAM
Rose Peabody Lynch director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Altschul Arthur G Jr director C/O OVERBROOK MANAGEMENT CORP, 122 E. 42ND STREET, SUITE 2500, NEW YORK NY 10168
Trust Fbo Serena Vr Altschul Uad 5/22/71 other: Trustee is a GAM Director C/O OVERBROOK MANAGEMENT CORP, 122 EAST 42ND STREET SUITE 2500, NEW YORK NY 10168-2500