GAMCO Investors, Inc. Announces Quarterly Dividend of $0.04 (NYSE:GAMI)

GAMCO Investors, Inc. (NYSE:GAMI) declared a quarterly dividend on Tuesday, August 8th, NASDAQ reports. Shareholders of record on Tuesday, September 12th will be paid a dividend of 0.04 per share on Tuesday, September 26th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date is Monday, September 11th.

GAMCO Investors Price Performance

Shares of NYSE:GAMI opened at $20.37 on Friday. GAMCO Investors has a 1 year low of $14.01 and a 1 year high of $21.80. The stock has a market capitalization of $514.75 million, a price-to-earnings ratio of 8.52 and a beta of 1.25. The company’s 50 day simple moving average is $20.36 and its 200 day simple moving average is $19.38.

GAMCO Investors (NYSE:GAMI) last posted its earnings results on Tuesday, August 8th. The company reported $0.58 EPS for the quarter. GAMCO Investors had a net margin of 25.28% and a return on equity of 42.93%. The firm had revenue of $59.17 million during the quarter.

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.