GAMCO Investors, Inc. Announces Special Dividend of $2.00 per share
GAMCO Investors, Inc. (OTCQX: GAMI) has announced a special cash dividend of $2.00 per share, payable on November 4, 2024, to Class A and Class B shareholders of record as of September 30, 2024. The aggregate payment will be approximately $48.4 million, based on 24.2 million outstanding shares. This dividend brings GAMCO's total shareholder returns through dividends to about $644.5 million since its 1999 public debut.
GAMCO, known for its PMV with a Catalyst™ approach, operates through Gabelli Funds, and GAMCO Asset Management Inc., offering a wide range of investment solutions including Value and Growth Equity, Convertibles, ETFs, and sector-focused strategies.
GAMCO Investors, Inc. (OTCQX: GAMI) ha annunciato un dividendo speciale in contante di $2,00 per azione, che sarà pagato il 4 novembre 2024, agli azionisti di classe A e B registrati al 30 settembre 2024. Il pagamento complessivo sarà di circa $48,4 milioni, basato su 24,2 milioni di azioni in circolazione. Questo dividendo porta il totale dei rendimenti per gli azionisti di GAMCO attraverso i dividendi a circa $644,5 milioni dalla sua debutto pubblico nel 1999.
GAMCO, conosciuta per il suo approccio PMV con Catalyst™, opera tramite Gabelli Funds e GAMCO Asset Management Inc., offrendo un'ampia gamma di soluzioni di investimento tra cui azioni di valore e crescita, convertibili, ETF e strategie focalizzate per settori.
GAMCO Investors, Inc. (OTCQX: GAMI) ha anunciado un dividendo en efectivo especial de $2.00 por acción, que se pagará el 4 de noviembre de 2024, a los accionistas de clase A y B que estén registrados hasta el 30 de septiembre de 2024. El pago total será de aproximadamente $48.4 millones, basado en 24.2 millones de acciones en circulación. Este dividendo lleva el total de los retornos a los accionistas de GAMCO a través de dividendos a aproximadamente $644.5 millones desde su debut público en 1999.
GAMCO, conocida por su enfoque PMV con Catalyst™, opera a través de Gabelli Funds y GAMCO Asset Management Inc., ofreciendo una amplia gama de soluciones de inversión que incluyen acciones de valor y crecimiento, convertibles, ETF y estrategias enfocadas en sectores.
GAMCO Investors, Inc. (OTCQX: GAMI)는 주당 $2.00의 특별 현금 배당금을 발표하였으며, 2024년 11월 4일에 2024년 9월 30일 기준으로 등록된 A급 및 B급 주주에게 지급될 예정입니다. 총 지급액은 약 $48.4백만으로, 24.2백만 주식에 근거하고 있습니다. 이번 배당금으로 GAMCO의 배당금으로 인한 총 주주 수익은 1999년 공개 상장 이후 약 $644.5백만에 달하게 됩니다.
GAMCO는 Catalyst™ 방식으로 PMV로 알려져 있으며, Gabelli Funds와 GAMCO Asset Management Inc.를 통해 운영되며, 가치 및 성장 주식, 전환사채, ETF, 그리고 산업 집중 전략을 포함한 다양한 투자 솔루션을 제공합니다.
GAMCO Investors, Inc. (OTCQX: GAMI) a annoncé un dividende exceptionnel en espèces de 2,00 $ par action, payable le 4 novembre 2024, aux actionnaires de classe A et B enregistrés au 30 septembre 2024. Le paiement total sera d'environ 48,4 millions $, basé sur 24,2 millions d'actions en circulation. Ce dividende porte le total des rendements des actionnaires de GAMCO à environ 644,5 millions $ depuis ses débuts en bourse en 1999.
GAMCO, connue pour son approche PMV avec Catalyst™, opère à travers Gabelli Funds et GAMCO Asset Management Inc., offrant une large gamme de solutions d'investissement, y compris des actions de valeur et de croissance, des obligations convertibles, des ETF et des stratégies sectorielles.
GAMCO Investors, Inc. (OTCQX: GAMI) hat eine besonderen Bareinlage-Dividende von 2,00 $ pro Aktie angekündigt, die am 4. November 2024 an die Aktionäre der Klassen A und B ausgezahlt wird, die am 30. September 2024 registriert sind. Die Gesamtauszahlung wird voraussichtlich etwa 48,4 Millionen $ betragen, basierend auf 24,2 Millionen ausstehenden Aktien. Diese Dividende erhöht die Gesamtrückflüsse für die Aktionäre von GAMCO durch Dividenden auf etwa 644,5 Millionen $ seit dem Börsengang im Jahr 1999.
GAMCO, bekannt für seinen PMV-Ansatz mit Catalyst™, agiert über Gabelli Funds und GAMCO Asset Management Inc. und bietet eine breite Palette von Anlage-Lösungen, darunter Value- und Growth-Aktien, Wandelanleihen, ETFs und branchenspezifische Strategien.
- Special cash dividend of $2.00 per share announced
- Aggregate dividend payment of approximately $48.4 million
- Total shareholder returns through dividends reach $644.5 million since 1999
- Diverse investment offerings across multiple asset classes and strategies
- None.
GREENWICH, Conn., Sept. 19, 2024 (GLOBE NEWSWIRE) -- GAMCO Investors, Inc. (“GAMCO”) (OTCQX: GAMI) today announced that its Board of Directors has declared a special cash dividend of
Since its inception as a public company in 1999 and including the current estimated special dividend, GAMCO has returned approximately
About GAMCO Investors, Inc.
GAMI is best known for its research-driven value approach to equity investing (known as PMV with a Catalyst™). GAMI conducts its investment advisory business principally through two subsidiaries: Gabelli Funds, LLC (24 open-end funds, 14 closed-end funds, 5 actively managed ETFs, and a SICAV) and GAMCO Asset Management Inc. (approximately 1,400 institutional and private wealth separate accounts). GAMI serves a broad client base including institutions, intermediaries, offshore investors, private wealth, and direct retail investors. In recent years, GAMI has successfully integrated new teams of RIAs by providing attractive compensation arrangements and extensive research capabilities.
GAMI offers a wide range of solutions for clients across Value and Growth Equity, Convertibles, actively managed ETFs, sector-focused strategies including Gold and Utilities, Merger Arbitrage, Fixed Income, and
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The financial results set forth in this press release are preliminary. Our disclosure and analysis in this press release, which do not present historical information, contain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements convey our current expectations or forecasts of future events. You can identify these statements because they do not relate strictly to historical or current facts. They use words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning. They also appear in any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance of our products, expenses, the outcome of any legal proceedings, and financial results. Although we believe that we are basing our expectations and beliefs on reasonable assumptions within the bounds of what we currently know about our business and operations, the economy, and other conditions, there can be no assurance that our actual results will not differ materially from what we expect or believe. Therefore, you should proceed with caution in relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance.
Forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors, some of which are listed below, that are difficult to predict and could cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements. Some of the factors that may cause our actual results to differ from our expectations include risks associated with the duration and scope of the ongoing coronavirus pandemic resulting in volatile market conditions, a decline in the securities markets that adversely affect our assets under management, negative performance of our products, the failure to perform as required under our investment management agreements, and a general downturn in the economy that negatively impacts our operations. We also direct your attention to the more specific discussions of these and other risks, uncertainties and other important factors contained in our Annual Report and other public filings. Other factors that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We do not undertake to update publicly any forward-looking statements if we subsequently learn that we are unlikely to achieve our expectations whether as a result of new information, future developments or otherwise, except as may be required by law.
| Contact: | Kieran Caterina SVP, Chief Accounting Officer (914) 921-5149 For further information please visit www.gabelli.com |
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