General American Investors Company Actions Taken by the Board of Directors
General American Investors, Inc. (GAM)
US:NYSE Investor Relations:
generalamericaninvestors.com/additional-info
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Today, the Board of Directors of General American Investors Company, Inc. (NYSE symbol – GAM), a closed-end investment company, declared a combined dividend and distribution of $4.50 per share on its outstanding shares of common stock as follows:A distribution of $4.05 per share from net long-term capital gains on securities sold.A dividend of $0.45 per share from estimated undistributed net investment income for the full year 2024.Determination as to taxability will be provided in January 2025. Both amounts are payable on December 27, 2024 to stockholders of record on November 18, 2024, and are to be included in stockholders’ Federal income tax returns for 2024. Holders of common stock will receive the dividend and distribution under one of two options:Receive additional full and fractional shares of the Company’s common stock for the combined total dividend and distribution of $4.50 per share or,Elect to receive cash for the dividend and distribution.T
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Sec Filings
- 11/14/24 - Form SCHEDULE
- 11/6/24 - Form SC
- 10/31/24 - Form NPORT-P
- GAM's page on the SEC website