General American Investors, Inc. (NYSE:GAM) announced an annual dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Monday, November 13th will be paid a dividend of 0.48 per share by the investment management company on Friday, December 29th. This represents a yield of 1.33%. The ex-dividend date is Friday, November 10th. This is a positive change from General American Investors’s previous annual dividend of $0.05.

General American Investors has increased its dividend by an average of 6.0% per year over the last three years.

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General American Investors Company Profile

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