Spencer Davidson Purchases 400 Shares of General American Investors, Inc. (GAM) Stock
General American Investors, Inc. (NYSE:GAM) Chairman Spencer Davidson acquired 400 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were purchased at an average cost of $33.83 per share, with a total value of $13,532.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
General American Investors, Inc. (GAM) traded up $0.12 during midday trading on Friday, reaching $33.81. 75,517 shares of the company’s stock traded hands, compared to its average volume of 91,597. General American Investors, Inc. has a 52 week low of $31.01 and a 52 week high of $36.59.
The business also recently announced an annual dividend, which will be paid on Friday, December 29th. Stockholders of record on Monday, November 13th will be paid a dividend of $0.48 per share. This is a positive change from General American Investors’s previous annual dividend of $0.05. This represents a dividend yield of 1.33%. The ex-dividend date of this dividend is Friday, November 10th.
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About General American Investors
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