GAMCO Investors, Inc. (NYSE:GAMI) Announces Dividend of $2.00

GAMCO Investors, Inc. (NYSE:GAMI) announced a dividend on Thursday, September 19th, NASDAQ reports. Stockholders of record on Monday, September 30th will be paid a dividend of 2.00 per share on Monday, November 4th. The ex-dividend date 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 Stock Up 3.2 %

Shares of NYSE GAMI opened at $26.00 on Friday. The firm has a market cap of $644.36 million, a price-to-earnings ratio of 10.83 and a beta of 0.94. GAMCO Investors has a 52-week low of $17.87 and a 52-week high of $28.00. The company’s 50-day simple moving average is $25.03 and its 200-day simple moving average is $23.88.

GAMCO Investors (NYSE:GAMI) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.61 earnings per share for the quarter. The firm 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%.

About GAMCO Investors

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.