Shares of GAMCO Investors, Inc. (NYSE:GAMI - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $24.12, but opened at $25.00. GAMCO Investors shares last traded at $25.00, with a volume of 257 shares.
GAMCO Investors Price Performance
The firm has a market cap of $591.92 million, a price-to-earnings ratio of 9.38 and a beta of 0.96. The stock has a 50-day moving average price of $25.55 and a 200 day moving average price of $24.91.
GAMCO Investors Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend is Tuesday, December 17th. GAMCO Investors's dividend payout ratio (DPR) is 6.15%.
About GAMCO Investors
(
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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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