GAMCO Investors, Inc. (NYSE:GAMI – Get Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $24.14, but opened at $23.45. GAMCO Investors shares last traded at $23.25, with a volume of 1,562 shares trading hands.
GAMCO Investors Price Performance
The stock’s fifty day simple moving average is $25.52 and its 200-day simple moving average is $24.90. The firm has a market cap of $575.97 million, a PE ratio of 9.13 and a beta of 0.97.
GAMCO Investors Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.67%. The ex-dividend date was Tuesday, December 17th. GAMCO Investors’s dividend payout ratio (DPR) is 6.15%.
About GAMCO Investors
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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