General American Investors Company Dividends and Buybacks
Dividend criteria checks 3/6
General American Investors Company is a dividend paying company with a current yield of 5.35% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
5.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -10.5% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | US$2.650 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
GAM: Moving To Hold After The Run-Up (Rating Downgrade)
Oct 08GAM: Very Attractive 18% Discount, Variable Income, And Solid Past Performance
Jun 02GAM: A Robust Way To Extract Equity Dividends In A Low VIX Environment
Jan 18GAM Seems To Have Lost Its Mojo
Nov 12GAM: When Looking For A CEF With Over 50 Years Of Track Record
Dec 27General American Investors declares $2.50 dividend
Nov 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GAM's dividend payments have been volatile in the past 10 years.
Growing Dividend: GAM's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| General American Investors Company Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GAM) | 5.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Capital Markets) | 1.8% |
| Analyst forecast (GAM) (up to 3 years) | n/a |
Notable Dividend: GAM's dividend (5.35%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: GAM's dividend (5.35%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.8%), GAM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate GAM's cash payout ratio to determine if its dividend payments are covered by cash flows.