GAMCO Investors, Inc. (NYSE:GAMI – Get Free Report) shares saw strong trading volume on Thursday . 904 shares changed hands during mid-day trading, a decline of 63% from the previous session’s volume of 2,411 shares.The stock last traded at $23.85 and had previously closed at $23.23.
GAMCO Investors Trading Up 0.0 %
The firm has a market cap of $559.44 million, a P/E ratio of 8.87 and a beta of 0.97. The business’s 50-day moving average is $25.24 and its two-hundred day moving average is $24.89.
GAMCO Investors Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th were issued a $0.04 dividend. The ex-dividend date was Tuesday, December 17th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.69%. GAMCO Investors’s dividend payout ratio (DPR) is presently 6.15%.
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.
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