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General American Investors Company (General American Investors Company) Dividend Yield % : 1.19% (As of May. 04, 2024)


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What is General American Investors Company Dividend Yield %?

As of today (2024-05-04), the Trailing Annual Dividend Yield of General American Investors Company is 1.19%.

Warning Sign:

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

The historical rank and industry rank for General American Investors Company's Dividend Yield % or its related term are showing as below:

GAM' s Dividend Yield % Range Over the Past 10 Years
Min: 0.5   Med: 1.27   Max: 7.8
Current: 1.19

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%.

GAM's Dividend Yield % is ranked worse than
91.67% of 1213 companies
in the Asset Management industry
Industry Median: 5.57 vs GAM: 1.19

General American Investors Company's Dividend Payout Ratio for the six months ended in Dec. 2023 was 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.

As of today (2024-05-04), the Forward Dividend Yield % of General American Investors Company is 1.19%.

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

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.

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.

The growth rate is calculated with least square regression.

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


General American Investors Company Dividend Yield % Historical Data

The historical data trend for General American Investors Company's Dividend Yield % can be seen below:

* 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.

* Premium members only.

General American Investors Company Dividend Yield % Chart

General American Investors Company Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial 0.98 0.62 0.79 2.76 1.28

General American Investors Company Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 0.99 2.76 2.40 1.28

Competitive Comparison of General American Investors Company's Dividend Yield %

For the Asset Management subindustry, General American Investors Company's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, General American Investors Company's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where General American Investors Company's Dividend Yield % falls into.



General American Investors Company Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual 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.

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

Forward Annual Dividend Yield=Forward 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 forward twelve months is calculated as $0.55 * 1 = $0.55.

* 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  (NYSE:GAM) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


General American Investors Company Dividend Yield % Related Terms

Thank you for viewing the detailed overview of General American Investors Company's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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