General American Investors Company, Inc. (NYSE:GAM) Declares — Dividend of $0.25

General American Investors Company, Inc. (NYSE:GAM) announced a — dividend on Thursday, February 13th,Wall Street Journal reports. Investors of record on Monday, February 24th will be given a dividend of 0.25 per share by the investment management company on Friday, March 7th. This represents a yield of 0.9%. The ex-dividend date of this dividend is Monday, February 24th.

General American Investors has increased its dividend payment by an average of 13.8% annually over the last three years.

General American Investors Trading Up 0.3 %

NYSE GAM traded up $0.17 on Thursday, reaching $52.93. The company had a trading volume of 10,185 shares, compared to its average volume of 19,689. The stock’s 50 day moving average is $51.93 and its 200-day moving average is $52.21. General American Investors has a 52 week low of $44.23 and a 52 week high of $55.44.

Insider Activity at General American Investors

In related news, CEO Jeffrey W. Priest acquired 6,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was acquired at an average price of $25.00 per share, for a total transaction of $150,000.00. Following the completion of the acquisition, the chief executive officer now owns 15,392 shares of the company’s stock, valued at $384,800. This trade represents a 63.88 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Over the last quarter, insiders purchased 7,250 shares of company stock worth $192,031. 8.30% of the stock is owned by insiders.

About General American Investors

General American Investors Company, Inc is a publicly owned investment manager. The firm invests in the public equity markets of United States. It invests in growth stocks of companies. It makes investments in Information Technology, Financials, Consumer Staples, Consumer Discretionary, Retailing, Communication Services, Industrials, Health Care, Energy and Materials.