GAMCO Investors, Inc. (NYSE:GAMI – Get Free Report)’s share price gapped down prior to trading on Friday . The stock had previously closed at $26.89, but opened at $25.59. GAMCO Investors shares last traded at $25.59, with a volume of 501 shares.
GAMCO Investors Stock Performance
The company has a market cap of $619.79 million, a P/E ratio of 9.69 and a beta of 0.96. The firm’s fifty day moving average is $24.33 and its two-hundred day moving average is $24.65.
GAMCO Investors Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $0.32 annualized dividend and a yield of 1.25%. This is a boost from GAMCO Investors’s previous quarterly dividend of $0.04. GAMCO Investors’s payout ratio is presently 6.06%.
GAMCO Investors Company Profile
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.
Further Reading
- Five stocks we like better than GAMCO Investors
- What is the S&P/TSX Index?
- NVIDIA’s Hidden AI Play: The Truth Behind Its WeRide Investment
- Want to Profit on the Downtrend? Downtrends, Explained.
- Up 50% in January, Twilio’s Pullback is the Time to Buy
- Short Selling: How to Short a Stock
- Watch These 3 Stocks—High Short Interest and Big Upside Potential
Receive News & Ratings for GAMCO Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GAMCO Investors and related companies with MarketBeat.com's FREE daily email newsletter.
