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

GAMCO Investors, Inc. (NYSE:GAMI) declared a dividend on Thursday, September 19th, NASDAQ reports. Shareholders of record on Monday, September 30th will be given 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 increased its dividend payment by an average of 26.0% per year over the last three years.

GAMCO Investors Stock Up 3.6 %

Shares of GAMI opened at $25.38 on Friday. The stock has a fifty day simple moving average of $25.11 and a two-hundred day simple moving average of $23.71. GAMCO Investors has a 52-week low of $17.87 and a 52-week high of $28.00. The company has a market capitalization of $628.99 million, a PE ratio of 10.58 and a beta of 0.94.

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

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.