Welcome to our dedicated page for General American Investors news (Ticker: GAM), a resource for investors and traders seeking the latest updates and insights on General American Investors stock.
General American Investors Company, Inc. reports closed-end investment company developments tied to its long-term capital appreciation objective and portfolio of growth-oriented equity securities. The company has been publicly traded since its 1927 founding and has been listed on the NYSE since 1930 under the common stock symbol GAM, with 5.95% Cumulative Preferred Stock, Series B listed as GAM Pr B.
Recurring news covers common stock dividends and capital-gain distributions, quarterly preferred stock dividends and distributions, tax character reporting, certified shareholder reports, portfolio holdings, share repurchase authorizations and board governance changes.
General American Investors (NYSE:GAM) filed its Certified Shareholder Report (Form N‑CSR) with the SEC for the six-month period ended June 30, 2026. The filing includes the company’s Semi-Annual Report, available on both the SEC and company websites and to be mailed to stockholders.
The report shows net assets applicable to common stock of $1,735,879,525 versus $1,485,083,433 a year earlier, and net assets per common share of $72.84 versus $63.79, after a $6.40 per-share dividend and distribution paid in December 2025. Net gain on investments was $181,531,903 (or $7.64 per share), compared with $144,433,108 (or $6.24 per share) for the prior-year period.
Net investment income for the six months was $5,662,334, or $0.24 per share, compared with $5,949,971, or $0.26 per share, a year earlier. Common shares outstanding were 23,832,113 versus 23,279,512. Major equity holdings as of June 30, 2026, included ASML Holding, GE Vernova, Berkshire Hathaway, Apple, and Alphabet.
General American Investors (NYSE: GAM) declared a quarterly dividend and distribution of $0.371875 per share on its 5.95% cumulative preferred stock, Series B, payable in cash on September 24, 2026 to holders of record on September 8, 2026.
According to General American Investors, this payment covers the accrual period from June 24, 2026 through September 23, 2026. The company reports approximately $1.7 billion in total net assets applicable to 23.8 million common shares as of June 30, 2026, and an aggregate preferred liquidation value of $190 million.
General American Investors (NYSE:GAM) declared a quarterly dividend on its 5.95% cumulative preferred stock, series B of $0.371875 per share, payable in cash on June 24, 2026 to holders of record on June 8, 2026. The payment covers the accrual period March 24, 2026 through June 23, 2026.
The company said preferred shareholders will be notified in early 2027 of the taxable portions of the distribution. As of March 31, 2026, the company reported approximately $1.5 billion in net assets and 24.0 million common shares outstanding; the aggregate liquidation value of preferred stock is $190 million.
General American Investors (NYSE:GAM) filed its Certified Shareholder Report (Form N-CSR) for the year ended December 31, 2025, including the 2025 Annual Report and proxy for the April 15, 2026 annual meeting.
Key 2025 metrics: Net assets $1.566B ($65.20 per share), Net gain on investments $331.3M, Dividends to common shareholders $154.2M, and 388,307 common shares repurchased during 2025. The company may repurchase preferred shares up to 1,601,553 remaining shares; aggregate preferred liquidation value is $190.0M.
General American Investors Company (NYSE: GAM) declared a cash dividend of $0.371875 per share on its 5.95% cumulative preferred stock, series B, payable March 24, 2026 to holders of record on March 9, 2026.
The payment covers the accrual period from Dec 24, 2025 through Mar 23, 2026. Preferred shareholders will be notified in early 2027 about the taxable portions of the distribution. The company reports total net assets of approximately $1.6 billion and aggregate preferred liquidation value of $190 million.
General American Investors (NYSE: GAM) set the issue price for shares issued in lieu of its 2025 year-end dividend and distribution at $58.745 per share, based on the NYSE high/low average on December 12, 2025.
The issue price was below the net asset value of $65.40 per share on that date. The combined dividend and distribution payable on December 26, 2025 totals $6.40 per share, estimated as $5.95 from net long-term capital gains and $0.45 from undistributed net investment income. Final tax characterization will be reported on Form 1099-DIV in January 2026.
As of November 30, 2025 the company reported approximately $1.7 billion in net assets and 23.2 million common shares outstanding; preferred shares (GAM Pr B) have an aggregate liquidation value of $190.0 million.
General American Investors (NYSE:GAM) announced that its board renewed authorization to repurchase up to 1,601,553 outstanding shares of 5.95% Cumulative Preferred Stock, Series B when those shares trade below the $25 liquidation preference.
To date the company has repurchased and retired 398,447 preferred shares. The preferred repurchase program is separate from an existing common stock repurchase program. As of November 30, 2025, the company reported approximately $1.5 billion in total net assets applicable to 23.2 million common shares outstanding, and the aggregate liquidation value of 7.6 million Series B preferred shares is $190.0 million.
General American Investors (NYSE: GAM) declared a combined dividend and distribution of $6.40 per common share payable December 26, 2025 to holders of record November 17, 2025.
The $6.40 consists of a $5.95 distribution from net long-term capital gains and a $0.45 dividend from estimated undistributed net investment income; taxability will be provided in January 2026.
The Board also declared a $0.371875 per-share cash dividend on the 5.95% cumulative preferred, payable December 24, 2025 to holders of record December 8, 2025.
As of October 31, 2025, net assets were approximately $1.63 billion, NAV was $70.43 and closing price was $63.75.
General American Investors (NYSE:GAM), a closed-end investment company, has filed its Certified Shareholder Report for the six-month period ended June 30, 2025. The company reported net assets of $1.49 billion, up from $1.40 billion in the same period last year, with net assets per common share increasing to $63.79 from $60.14.
The company's performance includes net investment income of $5.95 million ($0.26 per share) and net gains on investments of $144.43 million ($6.24 per share). Notable distributions included $4.07 per share from net long-term capital gains and a $0.43 dividend in December 2024, plus a $0.25 distribution in March 2025. The company's largest holdings include Microsoft, Republic Services, Berkshire Hathaway, TJX Companies, and Amazon.
General American Investors Company (NYSE:GAM) has announced the appointment of Sarah M. Ward to its Board of Directors. Ward, a former senior partner at Skadden, Arps, Slate, Meagher & Flom LLP, brings extensive legal and financial services industry experience to the closed-end management investment company.
The company, founded in 1927 and listed on NYSE since 1930, focuses on long-term capital appreciation through investments in companies with above-average growth potential. GAM currently manages $1.5 billion in total net assets across 23.3 million outstanding common shares, with an additional $190 million in preferred stock liquidation value.