GAMCO Investors, Inc. (NYSE:GAMI – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $25.96, but opened at $26.84. GAMCO Investors shares last traded at $26.70, with a volume of 1,606 shares trading hands.
GAMCO Investors Price Performance
The firm has a 50-day moving average of $24.61 and a 200 day moving average of $24.81. The stock has a market capitalization of $644.10 million, a price-to-earnings ratio of 9.98 and a beta of 0.95.
GAMCO Investors Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $0.16 annualized dividend and a yield of 0.60%. GAMCO Investors’s dividend payout ratio is 6.15%.
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.
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