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. (NYSE: GAM) is a closed-end investment company that regularly issues detailed announcements about its operations, distributions, and governance. This news page aggregates company-issued updates so readers can follow how the firm pursues its stated objective of long-term capital appreciation through investment in companies with above-average growth potential.
Company news frequently covers actions taken by the Board of Directors, including authorizations and renewals of share repurchase programs for both common stock and its 5.95% Cumulative Preferred Stock, Series B. These releases describe the conditions under which shares may be repurchased, such as trading at a discount to net asset value for common stock or below liquidation preference for preferred stock.
Another recurring theme in General American Investors’ news is the declaration of dividends and capital gain distributions. The company provides breakdowns between distributions from net long-term capital gains on securities sold and dividends from estimated undistributed net investment income, along with record and payment dates. In some periods, it has also announced issue prices for additional common shares issued to stockholders who elect to receive dividends and distributions in stock rather than cash.
Regulatory and reporting updates also appear in the company’s news flow. For example, General American Investors has announced the filing of its Certified Shareholder Report (Form N-CSR) with the U.S. Securities and Exchange Commission, summarizing semi-annual results such as net assets, net asset value per share, net investment income, and net gains on investments. Governance items, such as appointments to the Board of Directors and descriptions of directors’ professional backgrounds, are also disclosed.
Investors and researchers can use this news page to review the company’s historical announcements on distributions, portfolio metrics, share repurchases, and board actions as reported in its public communications.
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.
General American Investors (NYSE:GAM) has declared a quarterly dividend of $0.371875 per share on its 5.95% cumulative preferred stock, series B. The dividend will be paid on September 24, 2025 to shareholders of record as of September 8, 2025.
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. As of June 30, 2025, GAM has total net assets of $1.5 billion with 23.3 million common shares outstanding and preferred stock with an aggregate liquidation value of $190 million.
General American Investors (NYSE: GAM) has authorized the repurchase of an additional 2 million outstanding common shares when trading at a minimum 8% discount from net asset value. This extends the program initiated in March 1995, under which the company has already repurchased 33.6 million shares for $1.1 billion at an average 14.2% discount.
The Board also declared a quarterly dividend of $0.371875 per share on its 5.95% cumulative preferred stock (GAM Pr B), payable June 24, 2025, to holders of record on June 9, 2025. The company, founded in 1927 and NYSE-listed since 1930, focuses on long-term capital appreciation through investments in high-growth potential companies.
Currently, GAM has net assets of approximately $1.3 billion across 23.3 million common shares outstanding, with preferred stock having an aggregate liquidation value of $190 million.
General American Investors (GAM) has filed its Certified Shareholder Report for 2024, revealing significant financial improvements. Net assets applicable to common stock increased to $1.36 billion ($57.78 per share) from $1.23 billion in 2023. Net investment income rose to $13.3 million ($0.57 per share) from $10.6 million in 2023.
The company reported net gains on investments of $232.2 million ($10.10 per share) and increased dividends to common shareholders to $4.50 per share from $2.65 in 2023. During 2024, GAM purchased 969,931 shares of its common stock in the open market. The company's top five holdings include Republic Services, Apple, Alphabet, Microsoft, and Berkshire Hathaway.
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