GAMCO Investors, Inc. (NYSE:GAMI) to Issue $2.00 Dividend

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

GAMCO Investors has raised its dividend by an average of 26.0% annually over the last three years.

GAMCO Investors Price Performance

GAMI stock opened at $26.00 on Friday. The firm has a 50 day simple moving average of $25.02 and a two-hundred day simple moving average of $23.93. The stock has a market cap of $644.36 million, a PE ratio of 10.83 and a beta of 0.94. GAMCO Investors has a one year low of $17.87 and a one year high of $28.00.

GAMCO Investors (NYSE:GAMI) last announced its earnings results on Tuesday, August 6th. The company reported $0.61 earnings per share (EPS) for the quarter. GAMCO Investors had a net margin of 26.16% and a return on equity of 33.04%. The company had revenue of $57.64 million during the quarter.

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.