1. GAM's share price for year-end dividend is set at $58.745. 2. The issue price is below its net asset value of $65.40. 3. The 2025 dividend totals $6.40 per share, includes long-term gains. 4. GAM has $1.7 billion in net assets as of November 2025. 5. GAM targets long-term capital appreciation through strategic investments.
FAQ
Why Bullish?
The dividend and share pricing indicates strong underlying asset value, driving investor confidence. Historical trends suggest prices may rally following similar favorable dividends, enhancing shareholder trust.
How important is it?
The announcement of share price and dividend demonstrates the company's financial stability and potential growth, holding significant relevance for investors.
Why Long Term?
The structural financial health and dividend policy suggest sustainable growth over time, reminiscent of past performance post-dividend announcements.
Related Companies
General American Investors Company, Inc. (NYSE:GAM), a closed-end investment company, announced that the price at which shares of its common stock will be issued to stockholders who elected to receive additional shares in payment of the 2025 year-end dividend and distribution on its common stock will be $58.745 per share. The issue price represents the average between the high and the low prices on the New York Stock Exchange on December 12, 2025, which was below the net asset value of $65.40 per share on that date. The dividend and distribution is payable on December 26, 2025. As announced on November 5, the dividend and distribution amounts to $6.40 per share in the aggregate and is estimated to consist of:
- A distribution of $5.95 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 2025.
The final determination as to the taxability of the above amounts will be reported to you in January, 2026, via Form 1099-DIV.
General American Investors was founded in 1927, has been publicly traded since its inception, and has been listed on the NYSE since 1930. The objective of the Company is long-term capital appreciation through investment in companies with above average growth potential. As of November 30, 2025, the Company had net assets of approximately $1.7 billion applicable to its 23.2 million shares of common stock outstanding. Its preferred shares (symbol GAM Pr B) are also listed on the NYSE and their aggregate liquidation value is $190.0 million.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251212865510/en/
Eugene S. Stark
Vice-President, Administration
(212) 916-8447